Bond Futures down = stronger Financials. Risk spreads are following through for new all time closing highs. Don’t fight the flow! I neglected to mention that November Oil expires today. I’m sure some of last night’s weakness can be attributed … Continue reading
Daily Market Intelligence 10-13-17 Daily Market Intelligence 10-20-17
30 Yr. Bonds…today’s 200 DMA is @ 153.07 Oil…December (Z) is now front month. It is trading 23 cents over the November (X) contract. Spu’s…2552 is where the daily momentum line and oscillator support converge. It will be support and … Continue reading
There is a little Risk Off led by Oil weakness and JPM leading the banks slightly lower. This will need NYSE to start trading to see if this gains any traction. 30 Yr. Bonds…153.05 is today’s 200 DMA. it would … Continue reading
Daily Market Intelligence 10-4-17
30 Yr. Bonds…will take above 153.00, its 200DMA, to run out shorts. This instrument is into short -term oversold. Bunds and Gilts are strong (lower rates). There is more room in the U.S. Ten year/Bund spread to widen. Lower rates … Continue reading
Daily Market Intelligence 9-29-17
OIL..put in a reversal on the P&F. It can wallow around the rest of the day going into tomorrow’s Inventory #’s. All of yesterday’s directional trades are being unwound or reversed today with the exception of the EURO China names seem … Continue reading
Daily Market Intelligence 9-26-17
Daily Market Intelligence 9-25-17