Daily Market Intelligence 9-13-19
It’s getting cheaper to go to Europe this summer. FBTP opened and broke 9K/ a contract. Spu’s have finally put in the reversal on the Long-term P&F. Spu/Bonds are trading @ its 50 DMA Spu/Dax…(bottom chart) hit its 50 DMA … Continue reading
Daily Market Intelligence 5-29-18
European debt instruments expire tomorrow. Bunds…the December contract is trading at a 280 point discount to Sept. I’m looking for the initial move to be up. Trade with the buying power (ECB)
Stocks… Spu’s…2058 is this week’s support Bonds … Bund & Italian Bond Futures expire today. FX… EUR/JPY…148.23 is today’s ORL #. Sustained price action under 148.00 is needed for further profit taking. USD/JPY…119.69 is today’s ORL #. Sustained price action … Continue reading
The Italian Bonds (FBTPH4) are attempting an ORL day. All world Bond Futures are under pressure….Gilts, Bund, & U.S. Treasuries. VIX…14 is big closing support. price action back above 14.70 should be monitored in light of the Nasd 100 Pit … Continue reading
We had some questions yesterday about the Italian Bonds. So here is your educational moment, understanding our missives and how markets work. When I awoke yesterday, this Bond had fallen off a cliff. Note the RSI reading on the bottom … Continue reading
The Boom Boom man’s exit (Berlusconi) is certainly unsettling the markets. If this were the 70’s I’d be looking for the scotch tape to paste another sheet of graph paper to the bottom of my Italian 10 yr. Bond chart. … Continue reading