Risk spreads remain positive. Less is more today! 30 Yr. Yield chart is holding, looking for higher yields. Spoo’s are range bound into Chinese New Year and a long holiday weekend in the U.S. Precious metals are soft versus crypto. … Continue reading
The one headline that caught my eye this A.M. was a statement from the BOJ that said YCC is working. Gold is picking up against Crypto. Platinum leads the metals complex. Investors must be expecting more negative comments from Lagarde … Continue reading
The one headline that caught my eye this A.M. was a statement from the BOJ that said YCC is working. Gold is picking up against Crypto. Platinum leads the metals complex. Investors must be expecting more negative comments from Lagarde … Continue reading
Daily Market Intelligence 1-19-21
Gold’s fate is tied to the 30 Yr. Futures. 30 Yr. Future is running Russell. Both are into a level that technicians would want to see hold. Let the day unfold.
It’s just the beginning of the year and I feel if as if it’s the end of last. Amazing how the send buttons work. Your DMI should be in your in box. Corn & Wheat joined the Soybean rally last … Continue reading
The two things that stand out in the news are the differing views posted on the front page of the FT vs. U.S. media on last weeks events. Bitcoin started weakening over the weekend and gained momentum with a strengthening … Continue reading
Daily Market Intelligence 1-11-21
Hot off the press! I just finished. Awesome. Great minds! https://youtu.be/GQXLPNEl8zc In two days Gold has filled out its 100X3 GoldinEuro is at a must hold level. Gold/Bitcoin is just starting the swing in which Bitcoin has already completed its … Continue reading
30 Yr. Bonds have come into a level that will take further price action to violate. Do interest rate differentials matter? The Dollar and the precious metals seem to have initially reacted as one would expect from a steepening curve. … Continue reading