Indices are trading in an upper area. Spoo…4510-4542.I would not fade an upper breakout. China names extended with CQQQ approaching resistance. Risk spreads are sideways. For those that bought Friday puts for a mid-week shuffle back and fill, it’s not … Continue reading
China Tech has been ripping since June, leading everything. BABA,BIDU,PDD Nasd/Bonds..last night’s high 5986 FX; Euro…all about Sunday night and a weekly close above 113.40 Yen…she still is considering saying yes to a dance Loonie…parked on it’s 200 DMA is … Continue reading
Daily Market Intelligence 1-3-20
Daily Market Intelligence 12-6-19
Daily Market Intelligence 12-3-18
Daily Market Intelligence 11-28-18
The Banks led by JPM like the lower Bond Futures, higher yields. NXPI is currently showing an ORH pattern with big open interest @ 113 for next Friday. I would not advise getting into the options although I would look … Continue reading
Daily Market Intelligence 6-5-18
Daily Market Intelligence 3-21-18
That took a little while to set up. China tech names have been leading the charge. The Long end of the Curve = short TLT was sold with the Risk On Nasd. Oil names are ripping. SLB..breaking out above its … Continue reading