Monthly Archives: March 2024

A.M. Look 3/27/24

This is likely my last note for the Qtr. The only thing that matters now are tomorrow’s closes. Everything else is irrelevant. If your thing is to fade the capital Index flow going into a new qtr in a raging … Continue reading

A.M. Look 3/26/24

Gold has rolled to June. The spread is +20 dollars. The farther you go out the higher the premiums. Oil held last night. The forward curves for energy are lower as the months go further out. Risk spreads are positive. … Continue reading

A.M. Look 3/25/24

Spoo’s released on the 50X3. In order for a pressure release on the Long term Point & Figures you’ll need a 5225 print. 5247-50 will be a big hurdle and initial support. Bitcoin held matrix support on Friday and is … Continue reading

A.M. Look 3/22/24

Expecting a range trade for the next week going into qtr end markings, year end Japan and the Holidays. Indices are good above the gaps and negative below

A.M. Look 3/21/24

Nasd has given me the full intial swing from Friday. 30 Yr. is range bound. Pit gap up today in the Indices. Trade accordingly. Gold is everyone’s inflation trade by holding 2150. Trade price-Not your mumbo jumbo. Uranium is trying … Continue reading

A.M. Look 3/20/24

Yen and Suisse are the only things of interest. Yen Futures are trading within my tolerance into 152 ujsdjpy, which is needed for a breakout for another move. Closing above 152 this week gives much higher targets. Nikkei has been … Continue reading

A.M. Look 3/19/24

BOJ started to raise last night. JGB was little changed and the Yen weakened. Nikkei did not sustain its gains. GoldinYen is a clear winner with a new all time high. Spoo are into initial support. Mind the Pit gaps.

A.M. Look 3/18/24

Thanks to the attendees for Friday’s event! Some made it the easy way, others the hard way. Nasd 100 led putting in an important short term low. You will come to different conclusions depending on whether you follow an active … Continue reading

Daily Market Intelligence 3/13/24

Gold needs to retest and hold 2150. Semi’s lead. Risk spreads are trying or are negating last weeks negative patterns. Know what chart you’re trading. Costco was a nice trade right out of the gate. Some bought META, which has … Continue reading

A.M. Look 3/12/24

Wait for it today in the indices. Gold 2170 print would indicate a short-term high is in. COST is worth a look.