A.M. Look 2/4/25

Risk spreads held a retest of their respective 50 DMA’s last night and now have a relatively neutral bias.

Euro must break and close below 101.72 for lower. I would imagine the big bad wolf will get to Europe in short order.

Bonds are nowhere.

Nvidia has a gap above with 115.14 the must hold level!

PLTR is a sell before you buy after earnings.

IBM had a reversal higher at the top of a move. Do not chase!

OIL is breaking down.

Lumber needs to set up again

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