Pro Tips

A.M. Look 4/6/21

No Love on the gap higher and zero love on a back and fill in the Indices. Spoo…4050 print needed for pressure relief. DAX remains strong. Give it some time to set up.

Daily Market Intelligence 4/6/21

Daily Market Intelligence 4:6:21

A.M. Look 4/5/21

Trading will be a gap game today. Spoo Pit chart shows what we’re dealing with. First; would not be buying strength. Second: Spoo does not have to back off when we expect. Russell/Bond is retesting the breakdown from March. Be … Continue reading →

Daily Market Intelligence 4/5/21

Daily Market Intelligence 4:5:21

A.M. look 4/1/21

Lagarde threw down the gauntlet yesterday for European Bond vigilantes daring them to test her resolve. ECB working on digital currency to be launched within 4 years. Nasd 100 is approaching it’s .618 Fib resistance. MU…Micron is leading the chips … Continue reading →

Daily Market Intelligence 4/1/21

Short sheet tonight. Qtr end here and year end in Japan. Tonight starts a new capital flow. This is an abbreviated week. NYSE is closed Friday but Globex is open for Payrolls. Equity traders will need to place their bets … Continue reading →

A.M. Look 3/31/21

Qtr End. Industrial use metals are gaining on Gold. Richard had me look at Platinum/Gold last week in the FRA podcast. I should’ve listened to myself! 30 yr. Yields ran into it’s 200 WMA early yesterday and stopped. Yields are … Continue reading →

Daily Market Intelligence 3/31/21/

There is no change in outlook. We’ll take it up in the A.M.

A.M. Look 3/30/21

Bonds, Crypto & DAX are wearing the big boy pants. The masters of the universe are having continuing  effects on the Indices and Financial names as the current # is estimated be around 50 Billion. The Room will be closing just … Continue reading →

Daily Market Intelligence 3/30/21

Daily Market Intelligence 3:30:21