Pro Tips

A.M. Look 2/13/17

Friday i thought that Copper and the U.S. Indices had come far enough as to warrant some back and fill. My best idea was to just walk away late day Friday and keep my private wealth guys from hedging. We’re … Continue reading

Daily Market Intelligence 2/13/17

Daily Market Intelligence 2-13-17

ODE to Jerry Jeff Walker

Pissin’ in the Wind…”making the same mistakes we swear we’ll never make again!” Picking a market high with out confirming signals is not my style. Futures traders have the option to play Sunday night. I’m officially passing on any contra-trend … Continue reading

Midday Missive

As far as looking at something for Risk off, it’s the Gold Spreads vs the Currencies. GDXJ has held it’s 200 DMA on today’s low.You have defined risk at today’s low. Gold is back above its 200DMA against the Euro … Continue reading

A.M. Look 2/10/17

Euro Stoxx 50 is the weakest of the major indices this A.M. Nikkei broke out to the upside in early Asia and rallied to its next resistance last night.   In general it takes a couple of days for a … Continue reading

Daily Market Intelligence 2/10/17

Daily Market Intelligence 2-10-17

A.M. Look 2/9/17

11:00 A.M. CDT USDA Crop report.   BEEKS will be snowbound on a train in the N.E. corridor. TWTR…17 was the previous breakout level for Twitter. Twitter needs to hold this level after New York comes in to avoid a … Continue reading

Daily Market Intelligence 2/9/17

Daily Market Intelligence 2-9-17

A.M. Look 2/8/17

Soybeans… OIL…hit its first downside objective last night. Now that all those that were Bullish are now bearish I’d look for everyone to get screwed. 52 will continue to be pivotal. Equity/Bond spreads tell me the lowest risk place to … Continue reading

Daily Market Intelligence 2/8/17

Daily Market Intelligence 2-8-17