Payrolls Friday. I do not have any bias as to today. Indices can trade higher. Spoo could go to the 4370’s before there is pressure relief. Apple earnings could not produce any back and fill. I’ll wait for the NYSE … Continue reading →

Break away Gap game. Follow the Bonds. 30 Yr. has room to 112.16 on the Post & Figure which fills the gap. All Index Point & Figures are up. Spoo 25X3 has first cloud resistance in the low 4280’s Dow … Continue reading →

Gold will require a 1980 print to think we’ve seen the high for a bit. GoldinFX spreads are still positive. Spoo/2 yr. and Nasd/2 yr. spreads have filled their respective gaps and failed at momentum. Bonds have bled off enough … Continue reading →

Month end. Bonds are in rally mode. Yen and EUR/JPY are on a mission that should not be faded today. Spoo will still require a 4200 print for any signs of stabilizing. Nasd will require a 14,514.50 print Time frame … Continue reading →

The room consensus is Yellen can’t reach those funding projections. = Sell Bonds and risk assets. BOJ tonight will have the market moving as discussed in the room. Spoo failed to print the reversal # @ 4200 Nasd/Bonds show more … Continue reading →

Bloomberg is picking up on the Treasury Funding announcement pre-FOMC on Wednesday. Andrew has been pointing its importance all last week. Copper was the only hint at a risk on board this A.M. Indices seem to be at initial resistance. … Continue reading →

Thank you to all the CME college trading team members that have read our reports or joined the room. I’d like to take a moment to thank Goggle for the obnoxious A.I. overlay on GMAIL. Amazon has rallied to nowhere. … Continue reading →

So far earnings have ben a very wet fart. I doubt Amazon can lift the market all by itself. Spoo has reached a bounce level with Pit exhaustion gaps in the Nasd as well. 4212.50 is about all the rally … Continue reading →

Both David and I both had the 4290’s as a first rejection level mapped out last week. Figures you’d get it on earnings after the close. Bonds could go as low as 109.11 and hold. Earnings high was two ticks … Continue reading →

Our basic trading process told us to buy before we sell this A.M. looking for a minimum of a 4245 print. Traders Almanac said this is a low day looking for an up market into Nov.1 with 95% accuracy. Russell … Continue reading →