Equity/Bond spread keeps on going led by the treasuries. I’m not looking for much of any trade in the Indices, although I’d imagine the Bears will come out of hiding today to give it a go after London’s close. This … Continue reading
Crude…46.12 is resistance with a close over 46.60 needed for signs of a bottom. 44.40-60 remains support and the closing downside pivot. Bund…165.30-50 is support and the closing downside pivot. 30 & 10 Yr. U.S. Treasuries and flirting with their … Continue reading
MSFT…started out .60 cents higher after earnings and has climbed steadily all night now flirting with its all time adjusted high semi-annual close @ 55.48 up 4.6%. Gold… 30 Yr. Bonds Spu/Bond
Daily Market Intelligence 7-15-16
Bunds, U.S. Treasuries & Gilts are being liquidated with all those dollars buying equities. Today it’s been Energy & Banks seeing some of the biggest gains with tech taking a breather @ Nasd 100 resistance.BHP & FCX are looking like … Continue reading
30 yr. Bonds…weekly sell stops are @ 173.24. This will be a big inflection level the rest of the week since it’s the weekly ORL#. The long term Point & Figure will need a print just shy of 173.00 for … Continue reading
Spu’s…are attempting the contract highs @ 2134 with resting buy stops above. I look for them to remain firm into our close today with some back and fill mid-week. Euro could see 111 again simply because the Yen crosses are … Continue reading
Daily Market Intelligence 7-8-16