The past couple of hours have been all about The divergence of U.S. vs European yields. USD/JPY is catching the biggest bid today after languishing on the crosses yesterday when the Euro ran the show. Nikkei is starting another run … Continue reading
daily-market-intelligence-12-6-16
Be mindful of your correlations when equity trading opens in NYC. A short covering rally in the Bonds should be reflected in profit taking in the Financials.
Daily Market Intelligence 11-30-16
We’re getting into that time of the year when you’d best know which chart you’re following. Daily, Daily Continuation or Active Daily Continuation They can look very different!! 30 Yr. (H) March Daily…
Daily Market Intelligence 11-28-16
101.50 is my next matrix level. I would not look for the current Dollar strength, Gold weakness or Bond weakness to abate. You can cover directional trades later in the day, however you should not fade this flow.
YUM Brands… Oil…followed through to its next # set and reversed. There is nothing to do with this. Gold…traded the 1205 Fib I’ve been looking for since the beginning of Oct. Not touching it at weeks end. Nasd is ok … Continue reading
Daily Market Intelligence 11-17-16
30 Yr. Bonds…retrace levels. Take the obvious “155.19 Friday’s close”. unchanged on the week. Oil…i doubt you’ll see much above 45.60 today. I like yesterday’s low in OXY. Look to the names.