Pro Tips

A.M. Look 6/9/22

Spoo & Nasd have hit initial downside levels. It will not pay to sell weakness early into these areas, late day is a different conversation. Energy…higher.

Daily Market Intelligence 6/9/22

Daily Market Intelligence 6:9:22

A.M. Look 6/8/22

Spoo…support is 4130- 4120 with 4125 being the reversal # on the 50X3 Oil Pit chart.

Daily Market Intelligence 6/8/22

Daily Market Intelligence 6:8:22

A.M. Look 6/7/22

Spoo…4079.50 is the flat part of the cloud o the 50X3. It will act as initial support and a magnet line until this part of the cloud is worked through. Gold put in a reversal on the 100X3. Dow/Gold is … Continue reading →

Daily Market Intelligence 6/7/22

Indices are range bound. Amazon ran the early price action. Interest rates are still running the board. 10 Yr & 30 yr. Yields have reached initial targets. Further rises in rates will lead to more unintended consequences.

A.M. Look 6/6/22

Indices are range bound. Oil..profit taking last night in the FX spreads. Gasoline shows a stranded Pit close.  How much does it back off before retesting 4.25? Not bearish. Canadian Dollar remains bid.

Daily Market Intelligence 6/6/22

Daily Market Intelligence 6:6:22

A.M. Look 6/3/22

Spoo could come into 4131 and hold. Gold is holding against Bitcoin. This is the thematic that we discussed in the room yesterday. Real hard assets that can withstand volatility and price destruction. Gold is losing to Silver on a … Continue reading →

A.M. Look 6/2/22

MBS is here to save the day. I seriously doubt it! Watching