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 →

Oil will require sustained price action above 90 for upside. Spoos put in a pressure relief on the 100X3. I’d prefer to buy closer to 7K. Nasd/Silver is unchanged on the year. A Bloomberg article spoke to China buying Silver … Continue reading →

Indices are getting rich enough for some back and fill. This is a buy the break into unchanged on the year in both the risk spreads and the indexes. Oil…$87 is the 50% pullback level for the past 5 years. … Continue reading →

Spoo/Bonds trading a within 20 points of its ATH. Nasd/Bonds shows caution chasing strength on a weekly chart. Oil…last nights low of 86.96 is a must hold level for Bulls.