Mid-Week Shuffle Less is more. AMZN kept the Nasd intact yesterday. 3280 is its 50 DMA which will act a s resistance and its upside pivot. Sustained and closing price action above opens the way to another 70 dollars. Spoo’s … Continue reading
European debt rollover is upon us. Do not get fooled into selling and or selling weakness in treasuries. Indices are not doing anything. Spoo’s will take a 4212.50 print for back and fill. Prints into the high 30’s or low … Continue reading
Daily Market Intelligence 6:7:21
Daily Market Intelligence 6:4:21
All is quiet. Crypto has a bid against precious metals. FX..Yen remains weak and weak on the crosses. DAX…I can generate higher targets but I would prefer to wait until the end of the qtr. Keep using 15,500 as a … Continue reading
I awoke to editorial rubbish from Bloomberg opinion writer John Authers. Spoo/Bond doesn’t work! Maybe I should send him my Adam Johnson interview? I guess I can safely take him off my reading list. 30 yr. Yield will take above … Continue reading
Daily Market Intelligence 5:26:21
Daily Market Intelligence 5:25:21
Daily Market Intelligence 5:24:21
Daily Market Intelligence 5:21:21