Daily Market Intelligence 11/3/22

Last nights news cycle was ugly. This A.M. most managers will feel the need to enroll in a clinical Psilocybin trial. Check your sheets for matches before you click the mouse!!!!!! Today I have room to 4.79 in the 2 … Continue reading →

Waiting on the FED. I’m expecting a two way trade early.

Spoo/Bond is flirting with 3209. It will be pivotal tomorrow going into Friday’s close. In the meantime if you wish to fade the Bonds and first of month capital flows “Good Luck!” Trade with the market not against it. My … Continue reading →

The board comes down to trading the technical level. Wednesday Index highs do not portend well for Bulls. Spoo high today failed at the qtly pivot. Some members used the opportunity to their advantage. DAX/Bund shows a negative pattern. Nasd/Russell … Continue reading →

Spoo took trip to unchanged on the week after Good & AMZN blew up. Spoo higher on the week Nasd lower on the week DJI higher on the week RTY higher on the week Bond Futures higher on the week. … Continue reading →

Some days I have a very clear view of price. Tonight I feel like the Angel From Montgomery who wakes up and has nothing to say. I this a mid week high and a rally to nowhere in the Indices? … Continue reading →

Every trade is the same trade. Spoo, MSFT, GOOGL Dollar Index all stopped at their respective 50 DMA’s MSFT has a habit of trading lower after earnings, only to find voting in the A.M.. Just something worth paying attention to. … Continue reading →

The story line takes time to develop. Technicals are always the leading indicator. Yra has been positing the problematic dollar for quite a while. Euro & Pound hit 4 decade hold levels last month. They were free exit zones for … Continue reading →

Daily Market Intelligence 10/25/22