Pro Tips

A.M. Look 3/09/21

https://www.bloombergquint.com/china/china-state-funds-said-to-buy-stocks-to-stem-worsening-rout Thanks for the article Randy! China intervenes and buys stocks. This is not a small thing. Yuan strengthens and metals rebound to nowhere. Gold needs a 1710 print to show bottoming action. Metals and Crypto have the Bond rollover … Continue reading

Daily Market Intelligence 3/9/21

Daily Market Intelligence 3:9:21

A.M. Look 3/8/21

Long Dow/Short Spoo & Nasd Nasd/Bond is at an inflection level which will tell me whether there will be another big down in the Nasd. That down would be just shy of the matrix level. Dow/Spoo is holding above its … Continue reading

Daily Market Intelligence 3/8/21

Daily Market Intelligence 3:8:21

A.M. Look 3/5/21

Spoo’s…I will need a 3800 print to confirm yesterday’s low. The bigger game will be played out very late day. Yesterday’s low in the Spoo is the only level that matters!!! The Dollar and Oil are strong again this A.M. … Continue reading

Daily Market Intelligence 3/5/21

Daily Market Intelligence 3:5:21

A.M. Look 3/4/21

Spoo’s finally went to the bottom fo the gap, but the big but is that it was overnight. We’ve seen this movie before when an instrument trades the gap overnight and then sees a big bounces before actually trading the … Continue reading

A.M. Look 3/3/21

Crypto cares little of Gensler’s testimony yesterday. FCEL announced plans for processing rare earths in North America. Cleveland Cliffs & F were highlighted yesterday in the room. I will be out of office from 2 CDT on. Get to me … Continue reading

Daily Market Intelligence 3/3/21

Daily Market Intelligence 3:3:21

A.M. Look 3/2/21

PBOC says markets are frothy and the Yuan slightly weakens. Spoo…3862.50 is the reversal # on the 50X3. Once again the algos trade in front of the level. Swiss Franc is trading through its 200 DMA. AUD/CHF is the interesting … Continue reading