https://www.bloombergquint.com/china/china-state-funds-said-to-buy-stocks-to-stem-worsening-rout Thanks for the article Randy! China intervenes and buys stocks. This is not a small thing. Yuan strengthens and metals rebound to nowhere. Gold needs a 1710 print to show bottoming action. Metals and Crypto have the Bond rollover … Continue reading
Daily Market Intelligence 3:9:21
Long Dow/Short Spoo & Nasd Nasd/Bond is at an inflection level which will tell me whether there will be another big down in the Nasd. That down would be just shy of the matrix level. Dow/Spoo is holding above its … Continue reading
Daily Market Intelligence 2:26:21
Daily Market Intelligence 2:24:21
There will be no package tonight. Indices and risk spreads remain over all bullish. Nasd ran the weekly sell stops and the Spoo’s jerked the bulk of us around by not giving us the the optimal low risk buy level. … Continue reading
Daily Market Intelligence 2:12:21
Daily Market Intelligence 2:8:21
I’m not looking for much activity in the Indices today. The game is in the Biotech names. That’s where the lottos are. 30 Yr. Bonds are having their expected effect on FX & Metals. Rising long end of the curve … Continue reading
Daily Market Intelligence 2:3:21