Daily Market Intelligence 8-16-19
10 Yr. Bonds have a 128.00 next target . European debt instruments have rallied to fill their respective rollover gaps. Bunds are the exception. Looks like Draghi is trying to force everyone’s hand on rates. Silver needs a close over … Continue reading
I listened to Crudele’s interview with Jim Rodgers last night. In that vein will the ECB press conference be any different this time? Just after 7:30 CDT in previous Q&A’s the Euro broke out of the opening range on the … Continue reading
Spu’s …so far the bounce was 5 points shy of putting in a reversal. I need to see a close over 2700 for stabilization. Nasd 100 could rally back to its 200 DMA @ 7077 on good AMZN earnings. AMZN…1678 … Continue reading
Daily Market Intelligence 8-25-17
ECB press conference is @ 7:30 CDT. Oil and Gold have hit my downside targets. Bunds…160.00 will be the level that needs to hold in June. Pay attention for his statement has the potential to elect a small short covering … Continue reading
Stocks… AAPL…needs a close over 112.50 for upside. GOOGL…626 close is today’s hold #. IBB…336 will be pivotal all day. Spu’s…Point & Figure stops will be under 1916. 1957 is resistance. As of this writing you’d need to see sustained … Continue reading
Stocks… Spu’s…have to sustain over 2015 for higher. The low 2090’s is near term support the first time down.DAX…11,380 is the weekly closing hold level. Bonds … TBT…48.16 is support and the downside pivot. FX… EURO…110 will be pivotal all … Continue reading