Phil..Spoo & 30 yr Bonds have been going in the same direction since 1982. The spreads show us divergence on both long and short time frames that gives us great trading opportunities. The lower the rates the eventual follow to higher … Continue reading
Yesterday room participants were told to get on the precious metals and not REPEAT Not click the mouse in the Indices!! Many bought Calls in the SLV & GLD for January. Indices remain Bullish!!!!!!!!!!!!!!!!!!!!! Same advice holds for today’s shortened … Continue reading
Precious metals are picking up. Silver miners have been leading early. GLD calls are actively being bought for January Monthly Expiration 1/17/20….140,141 & 142 strikes. GLD…Gap @ 141.28-74 Payrolls is January 10th
I urge everyone to take the time to listen to this Druckenmiller interview. https://www.bloomberg.com/news/videos/2019-12-18/druckenmiller-on-2020-outlook-monetary-policy-u-s-election-video Silver hit its resistance. it will take sustained and closing price action above the overnight high to extend. Friday’s Also driven weakness in Palladium had its … Continue reading
Daily Market Intelligence 11-25-19
It’s not the high in the Indices. I might as well just say it before everyone asks when the room is open. The most I’d expect is a small back and fill to 8345.75 Nasd. The Risk spreads are lagging … Continue reading
Mid-Week Shuffle with lots to focus on. That focus is on the overall technical model. Is this just another break to nowhere with a rally to follow? So far this is just another normal corrective-contra trend mid-week move. Spoo & Nasd/ … Continue reading
All Index Pit gaps were filled back into unchanged on the week in the thinnest part of the day. Most of the big cap names had already completed their gap fills prior top the latest tweet about. Germany and Canada … Continue reading
China comments overnight saw the board go Risk Off. Gold…1510 is the 50 DMA. Platinum has the best looking technical formation for higher. Silver is going on Gold. Trading Unfiltered, Episode 37 – Yra Harris – 10-30-19 Link: https://youtu.be/MspIp9eeVIU YEN, something … Continue reading
Daily Market Intelligence 10-28-19