You’ve seen your first extremes @ this 2087 level in the Spu’s, with the Gold running the weekly ORL sell stops and the 30 YR. flushing below 150.00. Time to be patient and trade the capital flows. With the Stock … Continue reading
FCX & AA are gaping higher this A.M. Do not chase this strength early in these names, rather I’d look for some back and fill. Spu’s & Nasd 100 look to open @ or over yesterday’s high. If this does … Continue reading
Daily Market Intelligence 1-25-17Daily Market Intelligence 1-25-17
I would be looking for the high 2280’s in the Spu’s. My swing count of 4308 is still live. Shorts are getting squeezed everywhere. Caution into 150.00 in the 30 yr. bonds….This level can flip the board short-term. NFLX..is working … Continue reading
The Pound is weaker off a British court decision to send Article 50 for Brexit back to Parliament for approval. Nasdaq is the stronger of the Indices on the spreads with AMZN & BABA both up in pre-market. 30 Yr. … Continue reading
We’re all waiting for the ECB. Earnings Calendar: Earnings Before the Open: BBT, BK, CBSH, CHKP, GATX, HOMB, IIIN, JBHT, KCG, KEY, MTB, MTG, PPG, UNP, WBS Earnings After the Close: ASB, AXP, IBM, PBCT, PFBC, SWKS Other Key Events: … Continue reading
Earnings Before the Open: AMTD, ASML, C, FAST, GS, NTRS, SCHW, USB Earnings After the Close: CLC, CNS, FNB, NFLX, PLXS, PTC, SLM, WTFC Big day for earnings! Long Nasd 100/ Short 30 yr is still the best looking of … Continue reading
Daily Market Intelligence 1-17-17
It’s a mixed bag early. For the most part the financials have reported and are firm. The Equity/Bond spreads have different looks with the SPU/Bonds trading at resistance and NASD/Bonds sitting on support. Look for the Nasdaq to lead. As … Continue reading
Daily Market Intelligence 1-13-17