World Bond Futures are higher. Day traders, if you’re trading this A.M. I’d keep to individual names looking for small scalps. The game is this afternoon.
Follow the Bonds. Yields up (futures down)= weak Gold & strong dollar. Yen is attempting a downside break out months in the making
I re post the the qtrly report going into the end of every qtr. so you can judge the quality of the work for yourself. It’s time to take stock of the markets. Every qtr I request my clients keep … Continue reading
The Euro areas are well defined, 132.50 below and 134.40 ish on top. Price action above 134.40 will lead to further gains. The Sterling has exceeded it’s 1st upside tgt of 160. Only a couple of closes over 161.70 will … Continue reading
Bonds…The bonds have telegraphed and led the moves in the currencies.. Higher Yields = Higher Dollar… yesterday we alerted you to the significance of the Bond futures low and to take some money off the table..Money is good! When a move is this swift … Continue reading
Just a few observations: The spu’s are caught between 1197-1202 on the downside and need a close above 1224 to get anything going on the upside. Currencies…I do not envision any follow through dollar weakness until after the G20. Politics … Continue reading