Spoo/Bond is knocking on short term resistance. Spoo will be pivotal off the Daily Pit chart. Oil; doubt the next buck up will be easy. Gold; getting close to the top of the cloud. It’s the Long end of the … Continue reading →

Payrolls…Give me the Bond action and I’ll give you the price action for everything else. Of course if its going to be anything like today and the recent past the algos will have and be front running the data. Index … Continue reading →

A couple of observations; Silver is flirting with its ORK weekly #. The room still prefers Gold vs. Silver. Euro is into an initial bounce zone. TSLA is worth a go for an oversold bounce in the mid to low … Continue reading →

I’m solely focused on the yields this A.M.. The Republican disfunction could run into next week with many waiting to commit money in the indies until they get some clarity. A lot of garbage was bought yesterday with many bottom … Continue reading →

Gold/Bonds, still the feature. I want to see how GoldinEuro responds to this weekly breakaway gap. Euro hit both resistance and support over the past two sessions with risk @ 106.05 its weekly ORL #. Spoos..are stuck in a 100 … Continue reading →

hi gm Judd hot off the press Yra, Richard and Marc Faber https://youtu.be/o7idZqG86yw Mid -week shuffle. Shouldn’t have to say anymore. Keep your eye on the Bonds! The room to rally from here is limited. Gold reached the stick it … Continue reading →

The start of the year was all about the dollar and a correction in the Yen crosses. USD/JPY took a look at the stops from last qtr @ 130.41 and rejected. The pattern is meaningless to me since it did … Continue reading →

This is my last written note of the year. The room will be open throughout the week, however I will be unavailable from Thursday early A.M. through the holiday weekend. If you’ve taken the course or sat in our 2 … Continue reading →

Spoo has completed its short swing and failed to fill its Pit Gap @ 3825.75 by 1.5 points. When a market fails to fill a gap you need to close shorts or tighten risk. It’s now about how high the … Continue reading →

Thanks for all the attendees that made it Friday. We had a lengthly discussion that included ORH & ORL signals. Some are valid and most need to be validated. FTSE held its 200 DMA with European debt dragging U.S. Treasury … Continue reading →