Pro Tips

Daily Market Intelligence 4/3/24

30 Yr. Bond low is huge, keeping all risk assets firm. Silver miners popped huge today. Some of the smaller miners are up close to 20%. The big cap Gold miners, while up a few percent have lagged. Copper…follow the … Continue reading →

A.M. Look 4/2/24

Yen is hovering just below the 152 dollar buy stops. Word of caution, don’t take the initial running of the stops, rather wait it out for a time frame to see BOJ response. Spoo…looking for a 5250 print to relieve … Continue reading →

A.M. Look 4/1/24

Indexes will open over extended, particularly against the short end of the curve. It’s the first of a new qtr and it’s imprudent to chase.

A.M. Look 3/28/24

Gold/ FX has been the ticket for a couple of years. Don’t get in the way of month end markings. Bonds have not reacted that much to Waller’s wait and see. A new game starts next week. U.S. markets are … Continue reading →

A.M. Look 3/27/24

This is likely my last note for the Qtr. The only thing that matters now are tomorrow’s closes. Everything else is irrelevant. If your thing is to fade the capital Index flow going into a new qtr in a raging … Continue reading →

A.M. Look 3/26/24

Gold has rolled to June. The spread is +20 dollars. The farther you go out the higher the premiums. Oil held last night. The forward curves for energy are lower as the months go further out. Risk spreads are positive. … Continue reading →

A.M. Look 3/25/24

Spoo’s released on the 50X3. In order for a pressure release on the Long term Point & Figures you’ll need a 5225 print. 5247-50 will be a big hurdle and initial support. Bitcoin held matrix support on Friday and is … Continue reading →

A.M. Look 3/22/24

Expecting a range trade for the next week going into qtr end markings, year end Japan and the Holidays. Indices are good above the gaps and negative below

A.M. Look 3/21/24

Nasd has given me the full intial swing from Friday. 30 Yr. is range bound. Pit gap up today in the Indices. Trade accordingly. Gold is everyone’s inflation trade by holding 2150. Trade price-Not your mumbo jumbo. Uranium is trying … Continue reading →

A.M. Look 3/20/24

Yen and Suisse are the only things of interest. Yen Futures are trading within my tolerance into 152 ujsdjpy, which is needed for a breakout for another move. Closing above 152 this week gives much higher targets. Nikkei has been … Continue reading →