Pro Tips

A.M. Look 5/4/22

Posted on 05/04/2022

Central bankers week and the winner is Russia! Elvira has managed to overcome sanctions and keep a stable currency. Spoo..have room for a rally to 4264 and Nasd 13,460 ish. I’m bearish but I don’t want that to let that … Continue reading →

Daily Market Intelligence 5/4/22

Posted on 05/03/2022

It’s all about the Bond reaction to the balance sheet and tomorrows Q&A. Does the 30 Yr. Yield breakout of its 40 year trend line or do we see a big short covering rally in the Futures. FX should follow … Continue reading →

A.M. Look 5/3/22

Posted on 05/03/2022

RBA lifted rates last nigh by .25%. Aussie rallied to 200 Week resistance. Spoo rallied into its low risk sell level. 30 Yr. Bonds show a double bottom on the 32X3. 142.00 print is needed for a reversal back to … Continue reading →

Daily Market Intelligence 5/3/22

Posted on 05/02/2022

Spoo rallied from a descent level. I’m still looking for limited upside in the Indices with the FED on a mission to deflate asset classes. Bonds are at a critical level. 10 Yr. and 30 Yr. Yield charts have broken … Continue reading →

A.M. Look 5/2/22

Posted on 05/02/2022

Nasd/Bond is weak. key off the matrix in Nasd. Gold & Oil saw the biggest bout of profit taking last night. Pay attention to your Index Pit gaps to the downside in the Indices after the opening.

Daily Market Intelligence 5/2/22

Posted on 04/29/2022

We’re experiencing a weekly closing matrix breakdown in Russell & Spoo. Nasd has yet to confirm the next swing lower. Spoo selloff shows a possible bounce level just above 4100 on the 100X3. There is currently two primary Fib swings … Continue reading →

A.M. Look 4/29/22

Posted on 04/29/2022

Month end. Amazon elected the sell stops of the past two years. Support starts around 2500. Apple is trading around its 200 DMA. Spoo will need a 4225 print to rollover again. Nasd..13,500 is now closing resistance. Yra asked the … Continue reading →

Daily Market Intelligence 4/29/22

Posted on 04/28/2022

Volatility is definitely up. I was surprised the Indices retraced their entire range for the week in 5 hours and then gave it up. Discipline is your friend. You can make money from both sides of the market but you … Continue reading →

A.M. Look 4/28/22

Posted on 04/28/2022

BOJ says easy does it. Yen closing in on 1998 Intervention level. Indices have filled out their long term Point & Figures to the upside. Do Not buy strength!!!!!!!! Currently Spoo & Nasd are trading above yesterday’s Pit high. It’s … Continue reading →

Daily Market Intelligence 4/28/22

Posted on 04/27/2022

Earnings have provided some trading opportunities. I’m in sell the big rally mode. Tomorrow’s after market earnings should be the last hurrah for a sustainable rally to unfold. Facebook resistance is 203.