The two things that stand out in the news are the differing views posted on the front page of the FT vs. U.S. media on last weeks events. Bitcoin started weakening over the weekend and gained momentum with a strengthening … Continue reading
Daily Market Intelligence 1-11-21
100X3 Spoo has broken out. This is a long term PNF that will not reverse until it’s over extended. Look for 25 point back and fills to reload. Targets have been published.
30 Yr. Bonds have come into a level that will take further price action to violate. Do interest rate differentials matter? The Dollar and the precious metals seem to have initially reacted as one would expect from a steepening curve. … Continue reading
There will be no file tonight. It’s a sad day in America that a sitting President would incite sedition. Where is the Republican infrastructure? Where is the administration and chain of command? If today is not grounds for invoking the … Continue reading
Georgia recount will be forthcoming. The long end of the curve is running small caps. Financials love a steepening curve. Russell/Bond show an ORH week in play. DJI/Bond spiked slightly over the monthly downtrend channel from 2018. Dollar is ripping … Continue reading
Daily Market Intelligence 1-6-21