daily-market-intelligence-1-3-17
Oil patch is acting well after it’s bounce off 52 WTI HFC…Holly Frontier is attempting to rise above short-term momentum. This need to maintain above 32.30 for higher HAL…Halliburton is following through to the upside off an ORH daily … Continue reading
February Crude expires today along with currency futures. You might get some price movement going into the last hour of London when there could be some more position squaring in the Yen before tonight’s BOJ meeting. Less is more.
daily-market-intelligence-12-13-16
I don’t want to be short anything except Oil & Natgas. Spu’s have not put in a reversal all day. A 30 + handle moonshot Some of the Equity/Bond spreads look extremely good which leads me to be a little … Continue reading
daily-market-intelligence-12-6-16
Daily Market Intelligence 12-5-16
Euro has a potential ORH day working with a close over 106.91. This is the same level it rallied from November 2015 after Draghi disappointed at an ECB press conference. Equity/Bond spreads are bid. As long as the Spu’s stay … Continue reading
Oil…everyone is wrong footed in the Oil market. The weekly ORH buy stops are @ 49.20 Tomorrow into Friday will be a better day to trade.
XLE…avoid the Oil patch until after OPEC YUM..