It’s Wednesday with lots of extremes. Oil with Chips and storage are the key drivers. I added back Bitcoin yesterday before returning to hibernation. Lots to go over. I’ll open the room shortly.

Tuesday -Wednesday I used EP/GCE for a long trade in the Gold. I got the corrective move off unchanged on the year took half off. Today SNDK is the big drag off about $67. Support is @ app 1k. The … Continue reading →

Wednesday’s! What more need one say? Tomorrow is a Full Moon. Has the Yen finally bottomed? Tudor Jones was looking for it in a podcast two days ago. I was not, however Yen and its crosses are into initial Yen … Continue reading →

Oil-Metals spreads are once again coming into a big inflection zone that will make a couple of days to play out. Both Silver and Gold will require a hold in this area to avoid a much bigger correction. Indices will … Continue reading →

Oil and a possible two day island top in Semi’s. Notwithstanding Altman and Musk taking jabs at each other in court, Altman’s CFO is now questioning whether their revenue model will come to fruition. Buckle up. Potential double top in … Continue reading →

SMH and SOXL are the only two charts worth paying attention to. Spoos have hit David’s target last night, with mine just above. With the Maga name earnings out after the close on Wedensday, I have my doubts about and … Continue reading →

What started as a positive morning led by INTC and TSM has excellerated on Iran talks. Oil would need a 93.60 print for a reversal and above 98.30 for higher. Nasd has just reached its measured targets from the past … Continue reading →

Indices aren’t breaking anywhere that I’d want to add risk. Spreads are all positive Indices. Chips & Storage names are unrelenting. Yesterday I sold 50% of my Bitcoin @ 79k. Waiting for defined risk opportunities.

Yesterday the path was forward was telegraphed by country ETF’s which all rolled over early with the Spoos begrudgingly following. Now what…semis, A.I. infrastructure and storage continue to defy gravity. Dax and Spoos are consolidating between levels. Not fading the … Continue reading →

I would expect to see the Spoos trade up into the target level. I can wait until after the dust settles with this Mr. DeMilles’s A.M.’s press conference to make a decision today. The board has been and continues to … Continue reading →