Oil Expiration; Bruce pointed out that we’re trading at the previous Fed day low in the Indices. Pit lows from Friday will run the early price action. Note the gaps above, which leaves a lingering cautionary tell for new bears. … Continue reading →

Daily Market Intelligence 2/17/23

We’re going into a holiday weekend. NYSE is closed on Monday. Judd’s room will be closed on Monday. 2-10’s have hit resistance. 30 Yr. Yield is into closing resistance. ” Selling weakness in the 30 Yr. Futures is a fools … Continue reading →

Spoo/Bond @ ATH I went over this ad nauseam for the ramifications obtruding the indices. Spoo just rallied all day to nowhere. Which market is lying to us today? Is it the Dollar or is it the Indices. If the … Continue reading →

Waiting for the #’s Spoo will need a 4143.75 print to begin to back off. Looking @ Spoo/Bond it could back off as much as 40 ticks and be a complete Bear trap. Pay freakin attention to the charts. 30 … Continue reading →

FRA Podcast with Yra and the FED Guy https://us02web.zoom.us/rec/share/BLGd4O8IXOkk8NHaSOJNlg0UvNe0aeLSDd5Xi0T9S5rWrXDAGfTdcdMZj72VETWf.Nz2UROf_JaM4aLiq This is a fabulous podcast!! Spoo/Bond is making all time highs along with the FTSE. This speaks to the condition of the market, which means you can’t expect to get rewarded … Continue reading →

Follow the short end of the curve day. Late yesterday we went over the bigger picture in the Indices. Bottom line is that the Spoos are winding up for a multi-hundred point move out of this area. I’m favoring Selling … Continue reading →

Tonight a restructured CPI is released to the FED and the Council of Economic Advisors. Watch the price, you’ll be the last to see the news. If the long end gets hit first we’ve got a wish area to re-establish … Continue reading →

I do not have a good game plan for today. Nasd 100 missed putting in a reversal on the long term PNF by 1 tick. Spoo and Euro look like they are basing and I have no desire to get … Continue reading →

Yra sent out Toby’s analysis of BOJ players and expectations last night . Definitely worth a read in light of where the Euro stopped breaking and the the U.S. 30 is holding. Spoo’s have traded from support to initial resistance. … Continue reading →