Welcome to the trifecta of bad news week with a Full Moon tomorrow! Indices and Bonds have run near term stops all making slightly lower lows from the last swing. Hello Houston! We have a problem with the short end … Continue reading
Technical models are all down and they will not turn up next week. Indices are doing a 2020 -2022 retrace. There will be spots for over sold bounces, however this is a sell rally environment. Interest rates are crushing Tech. … Continue reading
We nailed a lot of moves between 6:45 and 7:45 CDT. If you expect to get up, turn on your machine, and have clue @ 8:30 …Good Luck!! After 6 hours in the car I’m irritable. Indices I’ll leave for next week. … Continue reading
I am not interested in buying Index strength. Indices on both sides of the Pond are @ or within reach of target levels. Once a target or swing count is achieved the market needs time to digest the level. The … Continue reading
Payrolls Friday. I could care less!! Buy some protection before the close. Indices are rich and have completed longer-term price swings. Indices need to digest these targets. I am not going short, just being prudent.
There is no change in the overall picture. The rotational trade continues. Monday Currency Futures expire.
FX Futures Expiration Forwards of interest; Euro…+24 Swiss…+23 Peso…-51 The rest are negligible. Indices are @ approximately 50% of last weeks range. New direction generally picks up just after 9 A.M. CDT today. Pound was the low hanging fruit in … Continue reading
It’s Friday in a Bull market in Equities. Plungers; I quote Clint Eastwood ” Do you feel lucky?” Poorly run infrastructure name like FLR is looking up. Investors picked up beaten up names yesterday on the break. The less you … Continue reading