Tag Archives: Platinum
A.M. Look 10/8/21
Last night Spoo probed both directions. Indices did not get low enough or high enough. Platinum is worth keeping an eye on. The street is looking for a big #. Be patient, It’s been a volatile couple of weeks. Do … Continue reading
A.M. Look 9/22/21
Evergrande coupon announcement stopped the Index slide last night. Platinum and Copper have rebounded into resistance. Given Powell’s propensity to throw fuel on the fire, best keep an eye to the upside today.
A.M. 9/9/21
Spoo stopped in no particular place other than into mvg average support. Same for Nasd. Dow Futures held its 50 DMA, which I find more compelling for risk management. Gold is gaining on Platinum. Maybe a sign of weakening industrial … Continue reading
Daily Market Intelligence 7/13/21
Spoo’s want to print just shy of 4400. Platinum rallied with Risk assets. Disney is putting in an ORH month. I featured it early in the room. CLF,TM & Cat were highlighted coming in. They all preformed well. Nvidia, NXPI … Continue reading
Daily Market Intelligence 7/6/21
Daily Market Intelligence 7:6:21
A.M. Look 7/1/21
It’s a commodity led morning. Oil is trading @ its .618 of the life of Oil. No buying strength into the level. Soybeans have completed a 50% retrace of the break. Be patient. Silver is leading the precious metals, with … Continue reading
Daily Market Intelligence 4/7/21
Daily Market Intelligence 4:7:21
A.M. Look 3/31/21
Qtr End. Industrial use metals are gaining on Gold. Richard had me look at Platinum/Gold last week in the FRA podcast. I should’ve listened to myself! 30 yr. Yields ran into it’s 200 WMA early yesterday and stopped. Yields are … Continue reading
A.M. Look 3/29/21
Indices held last night. Spoo… the 50X3 shows a break to nowhere. 25X3 shows consolidation. Nasd held. Oil is neutral. Platinum has rolled to July(N) Gold has rolled to June (M) If you use an Active daily Continuation you should … Continue reading
Daily Market Intelligence 2/16/21
Daily Market Intelligence 2:16:21