Pro Tips

A.M. Look 7/16/21

Spoo’s and Nasd are trading unchanged on the week. I have no interest in figuring out the Options machinations for today and how that will reflect on price in the Indices. Grains are in Play; A lot of smart people … Continue reading

Daily Market Intelligence 7/16/21

Daily Market Intelligence 7:16:21

A.M. Look 7/15/21

Mid week shuffle!!!! The game is afoot across many assets. Spoo…looking for a 4337.50 print for a reversal on the 50X3 25X3 shows that 4350 is not the place to initiate a short. Let the market do the work. 30 … Continue reading

Daily Market Intelligence 7/15/21

The brain trust was busy early before the bell discussing Gold, inflation and the Indices. We look forward to Richard’s interview with Boockvar & Yra. We witnessed a stop run in the Spoo telegraphed by the 240 Minute Spoo/Bond chart. … Continue reading

A.M. Look 7/14/21

Spoo…shows a double bottom @ 4350. It will take all new weakness below to break.AMZN…3697-02 will be pivotal al day.Gold will need to sustain over 1825 mvg avg resistance to go anywhere. Gold/Yen is @ resistance.Gold has the beginnings of … Continue reading

Daily Market Intelligence 7/14/21

Daily Market Intelligence 7:14:21

A.M. Look 7/13/21

30 yr. Yield…1.973 is the 200 DMA Before you get all excited about about this inflation data there was a good article on Bloomberg cautioning against reading anything into it. If commodity inflation has been the result of China stockpiling … Continue reading

Daily Market Intelligence 7/13/21

Spoo’s want to print just shy of 4400. Platinum rallied with Risk assets. Disney is putting in an ORH month. I featured it early in the room. CLF,TM & Cat were highlighted coming in. They all preformed well. Nvidia, NXPI … Continue reading

A.M. Look 7/12/21

Markets are digesting. Spoo/Bond has been doing a sideways correction for 4 months with rising Indices. Spoo…upper Fib extensions start @ 4395. It’s a board where you have to be selective buying names or sectors on your terms and at … Continue reading

Daily Market Intelligence 7/12/21

Daily Market Intelligence 7:12:21