Tag Archives: metals

Daily Market Intelligence 2/17/22

Posted on 02/16/2022

Things were constructive until the very end when Iran news hit the Oil Market. March crude still has more volume although many front ads will roll to April tomorrow. (J) is trading @ a $2 discount to March. It wrinkles … Continue reading →

A.M. Look 5/26/21

Posted on 05/26/2021

Mid-Week Shuffle – Full Moon Trading May Metals expiration Gold is rolling to (Q) August. Volume in June still has the edge with August having more open interest. .618 for this past swing is in the high 1920’s, depending on … Continue reading →

A.M. Look 9/18/15

Posted on 09/18/2015

Stocks… Nasd 100 (Z)…could not sustain above it’s 200 DMA. Spu’s….(Z) needs a close above 1990 for any upside. A close below 1950 accelerates the down. DAX…needs a close over 10250 for any upside. Sell rallies. Bonds … Bunds…155.50 is … Continue reading →

Position Update MCP…GDXJ…

Posted on 01/12/2012

You should be stopped on the miners (GDXJ) if you got involved today. MCP…This bad boy is up 9% on the day! If involved you should be down to no more than a token 20-25% position with a break-even stop on … Continue reading →

A.M. Look 3/31/11

Posted on 03/31/2011

Today is all about the close..nothing else matters It’s the last day in the quarter. We will be able to use today’s close to set the tone for the next quarter. As you can see most things are moving and … Continue reading →

Grains….JJG….Metals….Stocks

Posted on 01/19/2011

It’s time to close out any remaining long positions in this space. The oil is still hanging in so I will give this sector another day to show what it’s made of. The Silver and the Gold could have just … Continue reading →

A.M. Look 1/5/11

Posted on 01/05/2011

Over the past two days with the profit taking that has ensued in the metals, softs and oil has not translated into much of a correction in the the Spu/Bond spread. The operative question this a.m., is this another episode … Continue reading →

Patterns…miners are leading, 11/11/10, 3:04pm

Posted on 11/11/2010

The Spu has held yesterdays low of 1202. So now that’s a double bottom on the daily. The miners are ripping, which says people are looking for another way to get long the metals complex with less volatility.. Some of these miners … Continue reading →

A.M. Look 11/10/10, 7:40am

Posted on 11/10/2010

Spu Let’s all be glued to our keyboard for the Mid-Week Shuffle..will they or won’t they Hold? The first level of support is 1205-06….A close below 1997 today would not be positive in my world Bonds 30 yr….128.08 is a … Continue reading →

Game over, 11/9/10, 3:49pm

Posted on 11/09/2010

No short squeeze today… FCX.. a close under 103.20 is short term price negative for the miners