ETF traders….If you’re not Long EUO get some on by the close. If you bought some earlier in the week just sit tight. You just don’t want to chase it Futures traders…sell rallies against 111.30 cash which is last weeks … Continue reading
Who benefits from the ECB buying Italian debt. Nobody in their right mind would buy that garbage. You know the answer…Goldman Sachs…Mario is bailing out his brethren s book buy buying all the Italian and peripheral shit. GS is up … Continue reading
Daily Market Intelligence 6-30-16
Daily Market Intelligence 6-29-16
FTSE…coming into mvg avg resistance. Nasd 100 4265!!!!!! needs to close over 4271 Spu’s…2022 ish. Don’t chase the initial retail U.S. buying!!!!!!!
Daily Market Intelligence 6-28-16
Daily Market Intelligence 6-27-16
U.S. Equity indices have had a nice relief rally although those gains have faded with the Nasd 100 failing to hold above 4353. EURO…111 is the downside closing pivot for the qtr. It’s a 4 P.M. CDT level. Most clients … Continue reading
DAX…9429.5 will be a pivotal level for market tone going into London’s close. This is the weekly ORL # matching the 200WMA. Spu’s…2041 is the weekly closing ORL #. Spu’s only have to close over this level for the U.S. … Continue reading
Euro…106-105.50 is the next major level with sell stops below. YEN…we’re back to 2013 levels @ 99.01 USD/JPY 101.24 Futures. Given the 3 figure bounce off the level the next extreme is 94.88 USD/JPY 105.39 Futures. GBP/USD…elected the stops through … Continue reading