Tag Archives: Copper
Daily Market Intelligence 6/29/16
Daily Market Intelligence 6-29-16
Daily Market Intelligence 6/28/16
Daily Market Intelligence 6-28-16
A.M. Look 3/23/16
Stocks… Nasd 100…for this to lose momentum a close below 4414, the 200DMA is needed. DAX…while we’re coming into weekly resistance DAX is positive over 9910 close. Bonds.. FX… Commodities… Oil…i’m looking for a 40.30 print before another move sets … Continue reading
A.M. Look 3/18/16
Stocks… DAX, Euro Stoxx et al expire this A.M. You could get two capital flows today. One up into Europe’s close. Then we’ll see if our indices keep getting bid up into our close. I’ve attached charts to show that … Continue reading
Soybeans & Copper
Soybeans…are poking up above it’s 200 DMA. I am friendly to the grain pattern with an 8.88 closing stop. Let the day session get going after 9:30 CDT to see whether the pattern has legs. The general Dollar weakness is … Continue reading
A.M. Look 3/7/16
Stocks… Spu’s…we’re into back and fill mode. Closing under 1987 puts the index back on the defensive. Nasd 100…needs a close over 4360 for upside. WDAY…is emblematic of many hot names. They’ve had huge runs to their respective 200 … Continue reading
Midday Missive
It’s all the commodity based & Energy names that are ripping.. FANG..is running out of steam and so is healthcare The Oil took forever to set up and go today. Energy names were firm all A.M. NEM…looks like it want … Continue reading
A.M. Look 2/23/16
Stocks… Spu’s….1942.50 is the 50 DMA resistance. Near term support will be at Thursday night’s high of 1922. Bonds.. 30 yr….166.20 will be pivotal over the next couple of sessions. After electing the buy stops last night sustained price action … Continue reading
A.M. Look 2/22/16
Stocks… Spu’s….1942.50 is the 50 DMA resistance. Near term support will be at Thursday night’s high of 1922. Midcap…61.59 is the 50 DMA. Both the Midcap & Russell have similar patterns. Bonds.. 30 yr….166.20 will be pivotal over the next … Continue reading
Currencies…OR Pattern Alert…Risk On
CAD/JPY AUD/CHF GBP/USD Canadian Dollar Copper Mexican peso is working on the same pattern. Brazilian Real is putting in a bottoming pattern as well. Gold…this wants to trade the 200DMA @ 1135 for a start. It’s doubtful if it can … Continue reading