The Room will close today @ 1:50 CDT for the qtly matrix class. Class members will be sent a fresh link at that time. Spoo…today’s buy level would be a running of yesterday’s set stops @ 4230.50 into the mid … Continue reading
All Silver…currently splitting its long term fibs. This is not the high. https://youtu.be/VBvEAkoXZts link to podcast with Yra, Tom Luongo and Nick Barisheff on precious metals courtesy of Financial Repression Authority. Thank you Richard! Spoo…3287.50 is needed for a pause … Continue reading
BOE does emergency rate cut and the market fades it! Legarde wielded the word recession today. Stay tuned for tomorrow. Fearless leader was a no show for his press conference yesterday. Traders loved his grip on the situation. Perception in … Continue reading
Bank Of England leaves rates unchanged. Waiting for the ECB press conference @ 7:30 CDT. China names are up
Bank of England raised rates. Dollar is stronger across the board. Euro has a pattern which could follow through to the downside Nasd 100 is putting in a flag on the long-term P&F. Indices are into bounce zones. HON…I’ll be … Continue reading
Central bank meetings are on tap this wek. FOMC Wednesday @ 1 CDT BOE & ECB Thursday early A.M. Chicago time before the opening. Spu’s…(H) March contract is trading + 2.75 points over December Future. Nasd 100 (H) March contract … Continue reading
BOE has left rates unchanged. Carney speaks at the bottom of the hour. TSLA…347.49-351.65 is the overhead gap that needs to be closed above to continue higher. Let the U.S. session set up
Daily Market Intelligence 7-1-16
Stocks… Spu’s…still tgt the low 2020’s Nasd 100…4160 is the next tgt. Bonds … 30 yr. Bonds.. I don’t have an interest in selling the Bonds mid-week after a 2 1/2 point break. FYI…I will be writing and trading off … Continue reading
Stocks… Nasd 100… 3740.50 is resistance and a potential monthly and qtrly double top #. Price action around this level will run the next swing. We’ve been expecting a 3754 print in the Nasd for a long time. We’ll reevaluate … Continue reading