Pro Tips

A.M. Look 12/4/24

Yesterday my opinion was that markets were going to grind higher. I saw no upside in selling indices when investors were piling into big cap tech. CRM & Paanlatir helped propel the indices into today. These two exemplify the Trump … Continue reading

A.M. Look 12/3/24

All the models are up in the Indices. All long-term Point & Figures show tops that need to be taken out. I’m not a fan of trading a grind. I might add there is no catalyst for a short. Yen … Continue reading

A.M. Look 12/2/24

Gold has a $50 dollar range between 2700 on top and 2645. I’m expecting European debt Futures to remain bid into later in the week which should keep Gold a buy on very hard breaks. Bonds…all about the Pit session. … Continue reading

A.M. Look 11/26/24

Spoo will require a 6025 print to remain bid. By not printing 6125 Spoo remain vulnerable for a retreat to 5950. Russell back and filled last night. You could see some wiggle off today’s and tomorrow’s Economic data. Rate wise, … Continue reading

A.M. Look 11/25/24

I’m not buying all the B.S. I’m reading. The world has been saved with the Treasury Sec nomination. I’m going to focus on price not all the projections from all the prognosticators that are telling me where the market is … Continue reading

A.M. Look 11/22/24

Just a user note for new subscribers: Langer and I compare notes around 7 A.M CDT. David has a process honed over decades to generate his work. It is very precise. I come at it from a different perspective. When … Continue reading

A.M. Look 11/21/24

Today is a Gann day. Gold hit the magic # and initial resistance. 2640 print is needed to confirm aa short term high. Indices…same game. Gold/Bitcoin is close to its ATL which I thought would roughly match up with the … Continue reading

A.M. Look 11/20/24

Follow the Pit gaps in Nasd & Spoo for early trade. Spoo gap is filled with a 5964.25 print. Above you should not be looking to fade. Currently 5937.50 print is needed for a short term correction. U.S. risk spreads … Continue reading

A.M. Look 11/19/24

It’s tomorrow into Thursday. I’m expecting more range bound trading today. Precious metals had a nice bounce with the Bonds. Bitcoin is in its own world. 30 Yr. Bonds have a nice bottom particularly when looking at a weekly chart. … Continue reading

A.M. Look 11/18/24

We saw the algo unwind late Friday run by the Nasd high on Election Day. That bounce went to the balance line. The indices are caught waiting for Nvidia to save the rally on Wednesday. Spoos will require weakness below … Continue reading