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 →

30 Yr. Bonds put in a reversal on the 32X3. However it comes out it should extend. Watching the show.

Time frame trading with big stop runs in the Spreads and Indices. I spoke about the free out before London’s close on the pattern ORL sell stops. Googl and big cap tech were bid by the Algos, responding to lower … Continue reading →