All about Brazil. Both the EWZ and PBR with weekly breakaway gaps ARGT and Spain are having oversold bounces as well. If you’re not involved I’d give it a bit to let the euphoria wear off. U.S. 30 Yr. is … Continue reading →

How many times over 53 years do you see the same thing. Between this YouTube that was posted well before the market close and the room notes that were sent well before the close, you had a heads up to … Continue reading →

Bonds on both sides of the pond have come close enough to 5 decade targets to have a pretty good bounce, which I doubt happens until tomorrow. Ultimately rates will go higher. It just doesn’t pay to press here. Oil … Continue reading →

Qtr end with Micron earnings after the close. It’s Wednesday, pay attention to the game. New sheet will be sent at the end of day. Can the long end find some buyers? Sure why not. It’s over sold enough to … Continue reading →

I’ll be out the door in a few minutes. 2 things. More macro guys are warming to the long side of the Bond Futures. I’m not there. Spoos retreated overnight to the level I had targeted yesterday at this time. … Continue reading →

Brent crude is rolling into Dec. Know what you’re looking at. WTI resistance its at 97.25 EP/Gold & Silver are basically unchanged on the qtr. Is this an inflection low in the metals from wealthy Chinese selling the metals to … Continue reading →

Welcome to this month’s Full Moon Trade. Indices are from with risk spreads positive with mid-week shuffle lows. The flow is up. Metals are showing some signs of life. Oil…Brent is the contract that matters.

Indices are coming into must hold levels. Looking for Oil/Gold to put in an ORH qtr. with higher prices to come. Gold is holding its own against the long end of the curve. I doubt you’ll see the metals pick … Continue reading →

If you think the energy crisis is behind us because the great one says so, think again. Attached is a terrific conversation as to why not. https://www.theinstitutionalriskanalyst.com/post/theira891?utm_campaign=d8e36acc-6542-4f3c-96d5-12d33615b446&utm_source=so&utm_medium=mail&cid=c497dc88-f34e-4f66-a22e-def6a20e6c5e

Friday the class placed buy orders in the Indices just after 7 A.M. They did not get filled. I bought some Hyper scalers and Copper names late day to have some upside. Nasd has much higher targets. Oil…the roll is … Continue reading →