30 yr. Bond Futures have rolled to December (Z) on many platforms. (U) September is still showing a little more volume. The current discount to DEC is app 1-1/2 points. There is some follow through to Friday’s Dollar move. 102.77 … Continue reading
Nasd 100, Spu,& Spu/Bonds are trading around their weekly ORL #’s. A good sell off would bode well for the markets later in the year. Oil..
Oil..this is back to a tale of two charts. 44.40-60 matrix # lines up with a daily 50 DMA, while a continuation chart shows the 50 DMA @ 45.57. Both levels are bounce zones. DE…Friday’s opening range trade winner needs … Continue reading
Daily Market Intelligence 8-19-16
Oil…The September (U) contract is rolling to Oct.(V) with volume 2/1 Oct. With the September contract expiring Monday I’m looking for the Oil complex and related names to be strong into Monday afternoon. Sector rotation continues with the Equity … Continue reading
Daily Market Intelligence 8-18-16
Let the day set up. Oil names will be active @ 9:30 CDT. Everything else could wait until the Fed minutes are released @ 1 CDT. It’s summer with low volumes. Less is more.
Daily Market Intelligence 8-16-16
Daily Market Intelligence 8-15-16
Spu’s…after trying for two hours to push below 2177 (last weeks close) Index trading will be a nite mare.Bears will try to close this below 2177. Good luck with that! I’m not buying a 200 point rally in the Spu’s … Continue reading