Pro Tips

A.M. Look 10/14/24

Welcome to CME contest participants. FYI…David had some data issues and all be up later in the day. There is nothing I wish to be involved in. We’ll have to wait this out today. Buying strength in the Indices is … Continue reading

A.M. Look 10/11/24

Spoo is sitting on the line that stopped the rise yesterday. Gold followed through off the low we targeted in the room. 2-10 curve is at a decision level. 30 yr. will require holding yesterday’s low. Follow the Bonds early. … Continue reading

A.M. Look 10/10/24

Waiting for the show. 30 Yr. Bonds are coming into its 200 DMA and another Matrix level. The short term upside screw job is 121.16. Indices….all about where the breaks hold. The rough upside target in Spoo is close to … Continue reading

A.M. Look 10/9/24

ECB is expecting to cut tomorrow which is giving some voting to the 30 Yr. Indices will require breaking through the recent highs. Both the Nasd and Spoo will require higher. Oil has the potential to break into the yearly … Continue reading

A.M. Look 10/8/24

Indices are range bound. Spoo print @ 5775 is the level everyone has been overtrading for the past month. It’s also the reversal back up to nowhere on the 50X3. 30 yr. bonds have a Pit gap @ 121.04, below … Continue reading

A.M. Look 10/7/24

Gold is consolidating in a $50 dollar range. Gold/Bonds..I’ve presented two looks. China…wouldn’t touch it with a ten foot pole. Spoo will require sustained price action under last nights low to weaken further. A 5700 print turns the long term … Continue reading

A.M. Look 10/4/24

Yields are backing up across the curve with the 5 & 10 yr. yield back above their respective 50 DMA. Risk spreads are positive led by the rates. Oil has a full swing count close to 78. 75 starts initial … Continue reading

A.M. Look 10/2/24

La Shana T ova to all my observant friends. It’s Wednesday. The game is afoot on the models. You know the levels and what to do.

A.M. look 10/1/24

It’s a you first morning. Waiting for New York to come in to se who wants more risk. The East coast port strike can’t be good for anyone. Looking at the hourly pay scale, which is close to the poverty … Continue reading

A.M. Look 9/30/24

This is the week I was targeting for the past Qtr for a potential high in the Equity market. It should not be a surprise since we’ve been talking about it for months. The beginning of the 4th qtr generally … Continue reading