Tag Archives: Dollar

A.M. Look 3/5/21

Spoo’s…I will need a 3800 print to confirm yesterday’s low. The bigger game will be played out very late day. Yesterday’s low in the Spoo is the only level that matters!!! The Dollar and Oil are strong again this A.M. … Continue reading

A.M. Look 2/16/21

In the news; China mulling rare earths embargo to the west. MP up 12% on the headline. Yellen mulls taking down 1.6 Trillion Treasury reserves held by the FED. Notwithstanding Yields higher with Risk On this will effect the game … Continue reading

A.M. Look 2/3/21

Good news is in the market. Today and tomorrow should see the last of the wrangling over the covid relief bill. Dollar is still strengthening while retaining its correlation with the Grain trade.Weak Greenback has = strong Grains. Oil…55.62 is … Continue reading

A.M. Look 12/3/20

All about the metals this A.M. Platinum leads. Four weeks ago today we put in a high in the Gold before a Friday Unemployment release. Platinum has been on a totally different path. Platinum is at a short-term go or … Continue reading

A.M. Look 9/3/20

Dollar went bid last night effecting the Metals. Soybeans are firm with more news articles about China’s food supply. GOOGL & AMZN will have stranded closes on a Wednesday. ZOOM is gapping down into its earnings gap. Let’s see what … Continue reading

A.M. Look 8/24/20

Break away gaps galore. AAPL..499.47 is the low risk buy level. Nasd 100…11,573.50 Spoo…3396.25 Any instrument on a retest of Friday’s high. China joined the melt up Dollar was mixed early before it just weakened into London. Spoo/Bond has 10 … Continue reading

A.M. Look 8/13/20

Dollar weakness = Commodity strength Soybeans & Corn based yesterday and finished the strong with follow through. Silver…completed a 50% 5 day retrace. Metals are a buy the puke. I was asked about location yesterday. Low risk levels are not … Continue reading

A.M. Look 1/2/19

The world did not respond well to weak China PMI #’s and the European angst last night. Last night’s lows in the Spu’s and Mini Dow tested momentum support. Those lows ( 2452.25 & 22,786) will have to be closed … Continue reading

A.M. Look 8/31/18

Month end with thin holiday markets. The dollar has a bid tone. I’d look for the Bonds to see the safety flow going into a long weekend. Spu’s need a 2893.50 print for a reversal on the medium-term P&F. I … Continue reading

A.M. Look 8/2/18

Bank of England raised rates. Dollar is stronger across the board. Euro has a pattern which could follow through to the downside Nasd 100 is putting in a flag on the long-term P&F. Indices are into bounce zones. HON…I’ll be … Continue reading