There is absolutely nothing to do but get yourself in trouble. Futures trade the rest of today with tomorrow’s Globex session closing @ 8:15 CDT. Yes, the Futures will remain open for payrolls. No, the room will not be open. … Continue reading →

Spoo ORL failed. The spread shows ORL but it came close to Fib support, which now requires further price action. Bonds are in play this week with the Long end coiling. Bonds up=Gold & Silver rally. Silver has been leading … Continue reading →

Keep your mouse clicking to yourself! Spoos are caught between 4137.50-39.50 on top. 4137.50 needed for a reversal on the 25X3 and the mid teens. Nasd is sitting on a weekly pivotal closing level @ 13,200 I spent some time … Continue reading →

Full Moon tomorrow night. Spoos are putting in their 3rd Pit gap higher, which is typically an exhaustion gap needing some back and fill before going higher. The #’s are on the sheet! Bonds are reacting to European debt. The … Continue reading →

Nasd is currently holding its Jackson Hole High. Resistance is @ its 400 DMA. I will need to see sustained price action under the Jackson Hole High for downside. Gold held in a big way last night right at the … Continue reading →

Gold should be closing @ an all time qtrly high. Gold in Euro vs Gold*Euro set up a little different. Looks like the former is still picking up April. Spoo filled its gap. Nasd 100 still has a 14 point … Continue reading →

I’m not looking for much today. Last night we saw a little wiggle up on Japan’s year end markings. EUR/JPY ran the monthly buy stops only to rollover. It’s qtr en and the game is next week. It’s not today! … Continue reading →

June (M) Gold is front month, which is trading @ a 17 dollar premium to April. Indices are gaping up on a Thursday making it one of the most challenging trades. You’d expect at least one attempt at a gap … Continue reading →

Precious metals should rally into tomorrow. Gold 1980 puts in a low on the Point & Figure. Gold should trade @ 1980, not exactly a stretch from here. FX and Bond spreads should be marked up into tomorrow. Then the … Continue reading →

Listening to manure on the airwaves. Kashkari should be fired for his comments on Face the Nation yesterday. I know nothing and Mary Daly is a saint who sits on the board of SVB as well as the SanFrancisco Fed … Continue reading →