Microsoft and GOOGL have become the safety trade as the Semi’s correct. It’s decision day for GOOGL, which has been wallowing around its daily momentum line for the past few days. Oil…looking for another wiggle up. U.S. has been in … Continue reading →

What started s a buyers strike of commodities in China has spread. Believe what the Chinese do/ Not what Trump tries to spin! Yields are up. A note of caution about European debt, the volume appears to have started rolling … Continue reading →

Just stating the obvious this A.M., China has taken a buying break across the commodities space. Korea remains strong. Risk spreads have made new ATH’s last night. Everything is stretched yet the beat goes on. More in the room.

Late yesterday my view was that the Ai trade had come too far, since many names had just come too far. I.E. RKLB 40% two day rally. Big cap energy was showing bottoming pattern with trade location. Given that Iran … Continue reading →

You ride the ride until you get bucked off. Micron and INTC showing new ATH’s early with Korea hanging tough. Copper is outpacing the miners. 6.45 was my ole multi decade tartget which has been surpassed but not closed above. … Continue reading →

Things are getting frothy but we are not at a market top. Late yesterday we looked at some names that put in negative patterns or rather patterns that would follow through in a trading environment decades ago. Goldman was one … Continue reading →

Pretty much most pundits have been doom and gloom and missed this rally. the 150X3 point & figure shows just how wrong sided most were. This is the biggest one way rally without at least one pressure relief break that … Continue reading →

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 →