Focus on the U.S. session charts. Looking at the 30 Yr. it is likely you’ll see it both ways. Nasd held 50% of its most recent gap yesterday and bounced. Yen has been correlating with the Nikkei. Yen down Nikkei … Continue reading →

Yesterday we were focused on the rollover gap in the Bunds expecting our 30 Yr. to weaken into Wednesday’s inflation data. Support is still @ 118.08. We’re coming into this year’s end game. Yes, I’d like to see a descent … Continue reading →

Gold & Copper are up against the Yuan with the Aussie having a bit of a bid. The metals are into resistance. Wednesday will be the better day to look for a trade. We are in the end game and … Continue reading →

We’re going to the end game with fewer and fewer participants going into year end. It’s been a banner year for many in the room and elsewhere. I’m toasty. I will only be writing if there is something to say … Continue reading →

Bitcoin has reached a multi-year target. No I’m not picking a top nor am I picking a top in risk assets. It’s just a milestone level that will need to be digested. Bitcoin has broken out against Gold. The projections … Continue reading →

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 →

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 →

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 →

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 →

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 →