Daily Market Intelligence 3-17-20
We’ve been discussing this scenario with Yra for the past 8 months. What happens when the Fed losses control? What happens when Fed action gets sold? 3137 was the first rate cut Spoo high. 2675 was last nights Globex high. … Continue reading
Daily Market Intelligence 3-16-20
Daily Market Intelligence 3-13-20
Spoo held a big macro level after the Nasd 100 ran the yearly ORL sell stopsĀ and held. 30 Yr. Bond Pit gap fill lined up perfectly with the game. Spoo…2601 fills gap. Buy stops are @ 2623.75 KSU & Cost … Continue reading
Daily Market Intelligence 3-10-20
Yra sent me a note last night; This is complete insanity! I started on the Floor in 1974. It’s never been wilder. I was speaking with Angelo making light of the fact I had a swing count in the March … Continue reading
Daily Market Intelligence 3-9-20
I’ve been up listening to the utter gibberish from the buy only crowd on. 2007-8 break took five years to recover price. You’re going to get big Index rallies to nowhere given low liquidity. Spoo/Bonds have gapped below its 200 … Continue reading
Daily Market Intelligence 3-6-20