The match game continues. Aussie $ Spoo’s lined up for directional exhaustion. Copper is showing ORL EUR/AUD…held its 200 DMA and is attempting an ORH. EUR/NZD has an ORH working. Trump-Pence White House should be taking management notes from Jacinda … Continue reading
Thanks to our friends @ Financial Repression Authority! We’re made stronger by the friends we meet and listen to. Yra has been looking for the Euro to rally. Richard had on a guest who was looking for a weaker Canadian Dollar. … Continue reading
Markets are screaming May Day! Yesterday Yra and I had a conversation with Richard Bonugli of Cedarportfoilo.com. He’s the gentleman that has all those marvelous interviews with top economists and portfolio managers we love to listen to. It started off … Continue reading
Daily Market Intelligence 5-1-20
Daily Market Intelligence 4-16-20
Nasd/Bonds broke out above the past two weeks momentum resistance. Spoo/Bonds are just above. It’s a long day with looming bad news over the weekend. Let the games begin. Spoo’s…2500 was the launch level in 2017 for this past Bull … Continue reading
Last night’s rallies in Spoo & Nasd failed @ their respective 50 DMA’s. The board is a repeat of 10/2018 with one glaring difference; In 2018 the risk spreads took a week to break down, yesterday they led with ORL … Continue reading
Daily Market Intelligence 6-24-19
We know that the new matrix level posted in the Gold is good. Gold looks best against the GBPUSD & AUDUSD. Gold/YUAN is putting in an ORH qtr with a cloud breakout. FYI…so is Gold/USDDEM 30 Yr. Bonds remain firm … Continue reading