Tag Archives: Equity Indices
A.M. Look 1/19/17
We’re all waiting for the ECB. Earnings Calendar: Earnings Before the Open: BBT, BK, CBSH, CHKP, GATX, HOMB, IIIN, JBHT, KCG, KEY, MTB, MTG, PPG, UNP, WBS Earnings After the Close: ASB, AXP, IBM, PBCT, PFBC, SWKS Other Key Events: … Continue reading
A.M. Look 10/24/16
It will be an earnings driven board with the late Thursday earnings having the most impact. I remain friendly to the market with Equity/Bond spreads positive. The spreads should be firm into Month end. Let the day unfold.
A.M. Look 10/21/16
Aside from a few names with positive earnings the Indices remain a range bound affair. The levels were published last night. Options expiration s today. Trade the capital flows and time frames. The general lack of interest to own U.S. … Continue reading
A.M.Look 8/18/16
GBP/USD…is trading into daily resistance with the weekly chart showing a potential bottoming pattern with a Friday close over 130.98. Dollar Index…sitting right on its weekly trend line @ 94.30. Spu’s are presently caught between 2175 and 2185. They’ll need … Continue reading
A.M. Look 8/9/16
DAX is leading world Bourses. There is nothing to do but get into trouble. With the exception of a few names the Index grind continues.
A.M. Look 8/8/16
Soybeans are firm above 9.74 Corn needs sustained price action above 3.38 to gain upside momentum. Markets have had the general Friday-Monday Risk On follow through one would expect with the Yen crosses being bid. I’m paying particular attention to … Continue reading
A.M. Look 8/1/16
Not much to add other than to say that the U.S. Equity Indices have reached the levels i was looking for last month. Volumes will be low and i would not be in a hurry to do anything.
A.M. Look 7/26/16
Gold…is still holding matrix support @ 1307 (Q). Below it will get weak fast. Those buying Gold against the trend line or for a longer term play should keep a tight leash on this. It would take a close over … Continue reading
The Late Show
ETF traders….If you’re not Long EUO get some on by the close. If you bought some earlier in the week just sit tight. You just don’t want to chase it Futures traders…sell rallies against 111.30 cash which is last weeks … Continue reading
Food For Thought
Who benefits from the ECB buying Italian debt. Nobody in their right mind would buy that garbage. You know the answer…Goldman Sachs…Mario is bailing out his brethren s book buy buying all the Italian and peripheral shit. GS is up … Continue reading