Discovery A is in play with the AT&T deal. Soros picked up the leavings on the selloff and will now be rewarded. Crypto succumbed to Musk rumors over the weekend that he sold his Bitcoin. He’s since, recanted that story. … Continue reading
Daily Market Intelligence 4:22:21
Yuan led commodity rally and Crypto profit taking are today’s early themes. Palladium retesting the high of the year. 30 yr. Bonds provided the group with a nice technical trade. The technical s were laid out for Robert late yesterday.
Daily Market Intelligence 4:15:21
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 3:3:21
Daily Market Intelligence 2:23:21
Ground Hog day is looking more like Lemming day. Reddit momentum investors who did not take the money will not be happy today. Silver is into must hold support. Yes, Fibs matter when its a multi-decade retrace. Spoos & Nasd … Continue reading
Daily Market Intelligence 2:2:21
Bloomberg reported that Citadel is top Silver ETF holder. Silver is close to a 50% multi-decade retrace. Silver miners are keeping pace. AG, CDE are leading. AAU & MUX seem to be the lotto tradings up 50% @ $1.09. Yra … Continue reading