Daily Market Intelligence 10-11-19
European Indices have ben strong since London came in. This strength is leading traders to push up U.S. Futures up ahead of of the U.S. opening. Oil…53.66 is the 200 WMA. Do not over trade the level. 30 Yr. Bonds…daily … Continue reading
Daily Market Intelligence 10-3-19
Sold all Spy Puts on the opening. 300 Puts for today were exited by the room @ 2.50 or better. The premium crush is on. Sold 1/2 TLT & GLD calls. Oil patch names PSX & CVX are turning up. … Continue reading
Bonds have given nice equidistant swings over the past couple of sessions. European Debt instruments have room to the upside. This is a matter of when and how these Futures trade higher. Grains…Corn seems to have the most potential. Crude … Continue reading
Spoo’s & Nasd will take sustained price action under yesterday’s lows to go anywhere. The same can be said of the Oil. Risk Spreads are currently holding. Markets tend to digest probing back and forth into the new qtr. Be … Continue reading
There is absolutely nothing to do but get into trouble. I look at the correction in the Bond market and see no reason why the Fed has to do anything. It’s not worth it to get caught up in the … Continue reading
Daily Market Intelligence 9-17-19
Oil…58.76 Was last weeks high and current daily momentum. It will take sustained price action under to break anywhere. Yes, Oil names are up big. Swiss 10 Yr. Bonds received the biggest inflow last night. Unsurprising since Switzerland is a haven for … Continue reading