Tuesday night is the Full Moon. Today was run by debt, specifically the 30 Yr. Pit Bond. Members sold the opening and exited at the gap. Nice!!!! I wanted to sell the high 4080’s against the 4090.50 Pit gap. At … Continue reading →

When you don’t have a good plan it’s best to wait. Last week I thought you’s get another shot at long gold. 1825 seems a better spot to try Gold/Bond. The spread either holds early or its something to let … Continue reading →

The short end of the curve ran the show. Both the 2-10 and the 5-30 are @ levels than can bounce and take the Indices with them. I was out of phase with the indices today and I can wait … Continue reading →

European debt is rolling to June. Make sure you know what you are looking at! Spoo’s have traded to its 50% fibs from the JacksonHole rejection to Thursdays low. As New York comes in we’ll se what everyone’s risk appetite … Continue reading →

Spy Option players are trying to peg 400 by the close. 4K in the Futures which is needed for a reversal on the 100X3. Anything up in here is an exit for daily longs. Price action here will determine whether … Continue reading →

Indices; as I said yesterday this is a sell before you buy area. Pay attention to the long end of the curve which became oversold yesterday. I doubt there is another point in the 30 rally and both the 2-10 … Continue reading →

We hit mortimer’s low # from yesterday overnight. I shouldn’t haver to tell you that selling weakness the next 20 points down will require a trip to Costco for baby wipes. Euro needs a few more ticks to 106 to … Continue reading →

Tomorrow we either se early Mutual Fund buyers or the Indices get slammed. Spoo/Bond Pit has me looking for lower. FX crosses stopped at major multi decade levels. Gold is looking like it was a one day wonder. Everything sets … Continue reading →

Waiting to see who wins. Spoo’s retested its 200 DMA level last night and bounced after China PMI #’s Looking for another retest while the U.S. oil open. Beans bounced off its 200 DMA and the bottom of the cloud. … Continue reading →

European Indices need another day to verify follow through. GBPUSD and the FTSE should be the same trade up or down. Spoos gap filed and held yesterday, Nasd did not although it retested the gap in the Globex session, that … Continue reading →