The board has been all about the long end of the curve. A standard deviation in the 30 Yr. is 8-10 Futures points. Close enough for me. 30 Yr.Yield could creep to 4.50 % from here. The fat of the … Continue reading →

30 Yr. Bond momentum line is rising. 114.01 is today’s hold #. Risk spreads have backed off a bit with 3890 Spoo/Bomd as big support. You would’ve thought the indices would be weaker after NVDA & BABA price action. The … Continue reading →

Spoos would need back under 4519 and print 4512.50 for any weakness. I’m not interested in buying anything up here on a Wednesday!

Nothing has changed Gold is tying to hang in against the curves. A big big thank you to Todd for having the time and patience to sort out my tech last night. Long Gold/ Long Bonds/short Crude chart. Follow the … Continue reading →

I’m just watching the early show. Spoo held last night.

Yesterday afternoons FRA Podcast. Thanks Richard!! Short answer; follow the Bonds and Follow U.S. Indices. They are leading the world up and down. https://youtu.be/s9b_Wlz7V4Q

Bitcoin is the big winner this A.M. It’s unwise to chase strength into this level. Looking at Bitcoin vs gold you’ll get the same idea. European banks are in focus. U.S. Indices are deciding direction. 30 Yr. Bonds…113.30 is near … Continue reading →

Indices are into a grinding phase which make it lousy for traders that thrive on volatility and good for investors until it’s not. It’s Wednesday and I’m focused on the upper gap and the matrix levels in the Spoo & … Continue reading →

Spoo still need a 4350 print. Gold,Silver, Euro, GBP, Aussie and Canada are into support. Crude is into a buy before you sell zone matching longer term targets just above 78.

Risk spreads are positive. The upside is known. Follow the yellow brick road. Grains are firm and following through to the upside. 2-10 is at momentum resistance Watching the long end of the curve.