Below is the Spoo 100X3. Whoever buys is a brave soul with Other peoples money! While I don’t rule out some bounces I’m looking for failed rallies. Today’s headlines; broken 20 yr. Bond which are trading @ 3.389 vs a … Continue reading →

Daily Market Intelligence 7/13/22

Oil is bouncing off its 200 DMA and target area. Euro tried parity again and is bouncing. Let the board breathe and see how instruments respond to today’s data.

The Dollar is having its way with the world. German input costs are killing the German manufacturing machine. Looking for the mid 90’s to have a reaction in Euro, the .618 of the Plaza Accord. That level will become the … Continue reading →

Euro @ parity is one thing of note. It’s only a bounce. Spoo can see price action below 3800. One level at a time. Spoo/Bond coming into 400 DMA, making selling weakness or buying strength in treasuries problematic today. Oil … Continue reading →

In 2005 I attended an Aspen Ideas seminar led by Eric Schmidt. Here is the 2022 iteration. No one has shown greater vision than Schmidt over the past couple of decades. At the very end he speaks of how science … Continue reading →

Daily Market Intelligence 7/8/22

Waiting for the show. Natgas in Europe is out of control. German group is limiting hearting at night.

Waiting for the show. Natgas in Europe is out of control. German group is limiting hearting at night.

This A.M. we spent sometime discussing summer moves and when they materialize. It’s been since the 80’s and 90’s when it’s been all about the dollar. Yra, Andrew and me spoke about the day of the dog returning. FX back … Continue reading →