Pro Tips

Midday Missive

Long end of the curve…10’s & 30’s ..Yields are still lower on the year. 2 & 5 yr Yields are higher on the year. Engulfing Bull patterns in the U.S. rates should keep traders from selling Futures. When Bonds are … Continue reading

A.M. Look 10/27/17

Euro & Nikkei are at pivotal closing levels. I’m looking for them to keep going. GBP/USD…need a close below 130.50 to confirm more weakness. I totally got wrong the back and fill in the European Bonds when looking at the … Continue reading

Daily Market Intelligence 10/27/17

Daily Market Intelligence 10-27-17

Midday Missive

Euro…117.52 is today’s ORL # and Cloud breakdown level. By remaining below you’ll also trigger an ORH in the Dollar Index. Euro did not give me my sell level. U.S. Ten/Bund spread has been leading Dollar strength all A.M. IYT…Transports … Continue reading

A.M. Look 10/26/17

Equity traders; take your Que from the NYSE opening. Look for a directional flow into London’s close before posturing into the afternoon tech earnings. Of all the tech names MSFT has been the most consistent since Nardella has taken over … Continue reading

Daily Market Intelligence 10/26/17

Daily Market Intelligence 10-26-17

The Late Show

Spu’s put in a reversal on the medium term P&F. That only took 25 days. The long-term P&F needs a print into the very low 2530’s for a reversal.               Nasd 100…just achieved a … Continue reading

Midday Missive

Spu’s..2552 is initial mvg avg support matching 12 in the VIX.There are a lot of Financial names struggling.CMA,GS,NTRS,KEY,LUK,MS,NAVI,PFGOne would reasonably expect this flow to continue into London’s close. Pay attention to what you’re involved with.This is just a prelude to what … Continue reading

A.M. Look 10/25/17

30 Yr. Bonds…150.09 is unchanged on the year. I don’t want to lose sight of the fact that after 17 point rally and break in the futures, they are back to where they started. Spu’s..need a close under 2560.50, last … Continue reading

Daily Market Intelligence 10/25/17

Daily Market Intelligence 10-25-17