Enjoy your holiday festivities. Judd’s Room will be open all day, then closed until Monday. Pit charts are the charts of truth when viewing the Spoo or Bonds. Long Gold and Long Indices are showing weekly breakouts, which is something … Continue reading →

It’s a Gann day with the 30 Yr. Bonds trading up to its life a contract Fib. That’s a 1 month Fib-Fib move. I don’t need to see anything else. It will take all new buying over 117.19 for another … Continue reading →

I’ve no interest in being short equities. Risk spreads are positive and they look to go higher. Oil will require a 77.76 print to reverse on the Point & Figure and confirm the low. Gasoline is sitting on its 200 … Continue reading →

The board has been all about the long end of the curve. A standard deviation in the 30 Yr. is 8-10 Futures points. Close enough for me. 30 Yr.Yield could creep to 4.50 % from here. The fat of the … Continue reading →

30 Yr. Bond momentum line is rising. 114.01 is today’s hold #. Risk spreads have backed off a bit with 3890 Spoo/Bomd as big support. You would’ve thought the indices would be weaker after NVDA & BABA price action. The … Continue reading →

Spoos would need back under 4519 and print 4512.50 for any weakness. I’m not interested in buying anything up here on a Wednesday!

Nothing has changed Gold is tying to hang in against the curves. A big big thank you to Todd for having the time and patience to sort out my tech last night. Long Gold/ Long Bonds/short Crude chart. Follow the … Continue reading →

I’m just watching the early show. Spoo held last night.

Yesterday afternoons FRA Podcast. Thanks Richard!! Short answer; follow the Bonds and Follow U.S. Indices. They are leading the world up and down. https://youtu.be/s9b_Wlz7V4Q

Bitcoin is the big winner this A.M. It’s unwise to chase strength into this level. Looking at Bitcoin vs gold you’ll get the same idea. European banks are in focus. U.S. Indices are deciding direction. 30 Yr. Bonds…113.30 is near … Continue reading →