Mid-Week Shuffle. Oil requires a 90.72 print for point & Figure consolidation with 91.72 being a sell before you buy the first time up. Gold won’t find retail buyers for another $200. Spoo require a 7300 print on the 100X3. … Continue reading →

The flows are still being reflected by the tech trade out of Korea and Taiwan. Risk spreads stabilized over the past couple of sessions. Spoos will need price action under 7427 for any downside. The ES 7400 print I was … Continue reading →

Wait for it today. Many names are in big rebound mode with the semi’s et.al leading the charge. Per usual for this rally Korea sets market tone. Spoos will try to retest 7500 give or take 5 points. I will … Continue reading →

Just before the close yesterday, when the Spoos failed to power through 7607, my view was that the first few minutes of Asian trade would run the board given the lack of umpff in the Kospi. EWY is currently running … Continue reading →

https://youtube.com/live/Rh74d4fFnHE?feature=share I have not changed my view that the Yen is doing a Plaza Accord swing that has yet to finish. My view on long term interest rates which are doing a life of 30 Yr. Futures contract swing. The … Continue reading →

Risk spreads are positive. There is absolutely no volatility in the Indices to expect much of a sell off. Having said that, Wednesday rules apply. MRVL is leading the past two days after a beautiful bottoming pattern Monday with a … Continue reading →

The board remains a SOXX melt-up. Yesterday I was looking @ IGV and VRT for entries. IGV..100 level on a pullback today to see if it can back and fill while maintaining above its 50 DMA. VRT, with its liquid … Continue reading →

MU, MSFT, & IBM are leading the early rally. Copper is leading the metals. I’ll be out of office the rest of the morning. The room will be open shortly. Looking at pullbacks to unchanged on the week for a … Continue reading →

Month end with Full Moon. Thank you Mr. President..Dell doubles in two weeks. SMCI is playing catch up, could go back to 60. HOOD ..Robinhood is where the trade is for an all inclusive platform. Looking at either side of … Continue reading →

The long end of the curve has rolled. Sept. Bonds are front month. I will require at least a 113.00 print in June 30 Yr. to modify my view. Gold is into it’s 200 DMA. Gold has been sold on … Continue reading →