Monthly Archives: October 2023

A.M. look 10/27/23

Thank you to all the CME college trading team members that have read our reports or joined the room. I’d like to take a moment to thank Goggle for the obnoxious A.I. overlay on GMAIL. Amazon has rallied to nowhere. … Continue reading

A.M. Look 10/26/23

So far earnings have ben a very wet fart. I doubt Amazon can lift the market all by itself. Spoo has reached a bounce level with Pit exhaustion gaps in the Nasd as well. 4212.50 is about all the rally … Continue reading

A.M.Look 10/25/23

Both David and I both had the 4290’s as a first rejection level mapped out last week. Figures you’d get it on earnings after the close. Bonds could go as low as 109.11 and hold. Earnings high was two ticks … Continue reading

Daily Market Intelligence 10/24/23

Our basic trading process told us to buy before we sell this A.M. looking for a minimum of a 4245 print. Traders Almanac said this is a low day looking for an up market into Nov.1 with 95% accuracy. Russell … Continue reading

A.M. Look 10/23/23

Spoos are right back hewer we were Aug 22, the Jackson Hole High, that precipitated a 700 point break. There is plenty of technical stuff to deal with in this area. It will be a two way trade back up … Continue reading

A.M. Look 10/20/23

Oil has room to 91.50 ish in December before needing all new [rice action for higher. November contract goes off the board today. Indices will require all new and sustained price action under last nights lows for retests lower. Bonds … Continue reading

A.M. Look 10/19/23

All about the Bonds. Gold/Bonds have much higher targets. The only fly in the ointment is that the Futures are getting very oversold. Currently it would take a close back under 5% in the 30 yr. to think that rates … Continue reading

A.M. Look 10/18/23

Long Gold or Oil/ Short Bonds and Equities. Gold will require a weekly close above 1970 to go from here. Not interested in getting all bulled up on a Wednesday. Spoo…still need a 4375 print again. Anything into the mid … Continue reading

A.M. Look 10/17/23

8:30 EST USD Core Retail Sales m/m 0.2%0.6%USD Retail Sales m/m 0.3%0.6% 9:15am EST USD Industrial Production m/m 0.0%0.4%USD Capacity Utilization Rate 79.6%79.7% It’s remains short Bond Futures/ long Gold or other assets. Bonds are a sell a failed rally … Continue reading

A.M. Look 10/16/23

Wars are expensive. It’s everything against the Bonds this A.M. 30 Yr.will take a 111.00 print for an assault on the Payrolls Friday low. Risk spreads are positive with a strengthening Peso. Spoo will require a 4387.50 print for further … Continue reading