I do not have any great insight today. Short term traders use your technicals and keep it tight. Longer term guys will be waiting for the Fed. Hot town summer in the city! The only traders after 11 cst are … Continue reading →

330-331 in the Sept copper was resistance on the way up.. Those of you who shorted this with a 342 stop need some price action under this level. This will portend even more equity weakness. Usd/cad 102.50-70 is a big … Continue reading →

Take your money!!!!!!! MOO,JJG,MOS,MON, POT

Watch the spread going into the NYC opening. This is a huge zone in the spu 1111 unchanged on the year!! Potential double top in the 30 year bond futures at 129.15 Do not press direction here…let it breathe a … Continue reading →

It’s unemployment Friday and once again I am pulling out my mail gloves and mask. The levels in the bonds and Spu have not changed. You have the potential of a short term double top in the Spu at 1127 … Continue reading →

We’ve just printed the June high in the Spu of 1027.50 All the action is in the grains overnight and this should translate into more follow through in the commodity stocks and commensurate ETF’S. The usd/cad is basically reached it’s … Continue reading →

Of interest today is whether the Spu maintains above 1111 early and rallies or there is price erosion into the 1098-1100 level to fill the weekly gap. Gold…1198-1204 area seems to be the make or break zone..Gold is in a … Continue reading →

My attitude about the day is distinctly you first. The 30 yr. bonds need back over 128.15 to show any more follow through to the upside. I haven’t decided whether the spu is going toward the mid 1130’s to low … Continue reading →

Where are we for the first trading day of Aug? We are unchanged once again in the S&P for the year at 1111. The first of month expected fund buying is already being anticipated with the spu up 12 points. … Continue reading →

We’ve rejected 86 usd/jpy first time in ( app 116.30 ish) 86.27-34 ( futures 115.87-96) The forward is app +5 ticks This will be a key closing level today…A close below this level in usd/jpy ( above in the futures) … Continue reading →