Pro Tips

Daily Market Intelligence 2/15/17

Daily Market Intelligence 2-15-17

Midday Missive

Financials and the Infrastructure names love the breaking Bond futures.   This stock rotation could keep the Indices from doing any back and fill Spu…Pit U.S. session Nasd 100…Pit U.S. session

A.M. Look 2/14/17

30 Yr. Bonds…150.30 is technical support matching the 50 DMA and the bottom of the cloud. I’m not interested in trading them until after Yellen testimony. Sustained price action below after the testimony would have me looking for the Bonds … Continue reading →

Daily Market Intelligence 2/14/17

Daily Market Intelligence 2-14-17

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