118.27 will remain the upside closing pivot. Indices are into matrix levels. I’ve been bearish forever vs. the metals. Nasd/Bonds says it all. Everything is a trade at this point. Energy names Metals have not bottomed. A little patience is … Continue reading →

I’ll take my signals this A.M. off the Nasd & Spoo Matrix levels. I find it hard to believe any inflation data put out. I’m more in Faber’s camp that inflation is much higher than is being reported. Just respond … Continue reading →

I have little to say today. Oil Service and Chip names keep leading. U.S. Indices are a range trade with the rest of the world ” Japan, Korea & Mexico ” out performing. Metals…everyone is putting out click bait targets … Continue reading →

Oil is up. It’s not something to chase. Last Wednesday’s hi was 65.53. 30 Yr. Treasuries require a 117.00 print to fill out the long term Point & Figure. Sustained and closing price action over 119.00 is required for a … Continue reading →

Indices have been chopping around since October. The upside and downside targets are known. We’ll continue to keep looking for the names and sectors for opportunity. Metals and Miners have been the feature into late January. Totally missed the Agri … Continue reading →

Nikkei is climbing ever closer to 50 Yr. targets. Check your sheet. Yen is nowhere. I’m still in the camp that it’s doing a Plaza accord swing that will see it @ 170. Meanwhile the Suisse remains the currency of … Continue reading →

https://youtube.com/live/cuSiMgGRe3A?feature=share 30 Yr. Bonds rallied and rejected the qtrly pivot as the Indices held. Bitcoin went to the liberation day high. Silver held Cloud support. It now has to prove itself back over its 50 Day @ 76.20 Amzn went … Continue reading →

Silver is the chart that is correcting to catch up to momentum. Gold/Silver is coming into cloud resistance.Back to my original idea from Monday that the metals game is @ the Matrix # in Silver. Indices are finally giving it … Continue reading →

I don’t have any hard comments this morning. Metals and Miners…waiting to see how they respond to yesterday’s early highs. Indices are in the middle of nowhere. Be patient. VIX will require sustained price action over 18.35 to telegraph another … Continue reading →

Equity Risk spreads are positive. Gold went target to target in a couple of trading sessions, which is a 1K swing form Thursday into Monday’s early European lows Gold. Was that the low or do we need to see some … Continue reading →