There is absolutely nothing to do. Oil…is trading oversold. 48.64 is the 200 DMA, the early high, which will be quite pivotal going forward. Sustaining above could elect a short covering squeeze. If that were to materialize I’d look for … Continue reading
Today’s App currency forwards. Euro…June Futures is trading App +49 ticks to cash Swiss Franc..June Futures is trading App +54 ticks to cash British Pound..June Futures is trading App +29 ticks to cash Aussie…June Futures is trading App -14 ticks … Continue reading
Daily Market Intelligence 3-13-17
Daily Market Intelligence 3-10-17
ECB press conference is @ 7:30 CDT. Oil and Gold have hit my downside targets. Bunds…160.00 will be the level that needs to hold in June. Pay attention for his statement has the potential to elect a small short covering … Continue reading
Daily Market Intelligence 3-9-17
Daily Market Intelligence 3-2-17
The volume in the short end of the curve was triple the long end yesterday into today. The 2-yr. Notes and the Eurodollars had the big volume signaling the world now is starting to believe the Fed will get off … Continue reading
Daily Market Intelligence 2-28-17
Daily Market Intelligence 2-22-17