Indices are weak. Nasd can’t overcome the Bond yields. Semiconductors act terrible. Agra,Fertilizer, and Utilities remain a haven bid. Dollar index showed ORH at the top of a move which has me monitoring the Euro, which closed right on its … Continue reading
Daily Market Intelligence 3:15:22
Crude is holding its qtly pivot which is now lining up with its 200 DMA. (support) Etherium held cloud support. Risk to own is the over night low. I’m going to keep an eye on the semi’s for clues to … Continue reading
Swiss National Bank set the early tone today by intervening in EUR/CHF which translated into a buying of big cap U.S. equities. It was noteworthy that the intervention happened right on the U.S. equity opening so the SNB could sterilize … Continue reading
Month end. Semi’s and Big cap tech lead. Spoo’s will need a 4675 print to confirm Friday’s low, which should just about line up with Spoo/Bond weekly ORL retest.
Daily Market Intelligence 11-11-21
Europe is strong with yields dropping. Chip stocks are up. I’ll spend some time looking at the grains before today’s crop report. This week has potential to be an inflection point.
Daily Market Intelligence 10-22-21
Daily Market Intelligence 10-19-21
Energy reports this A.M. It’s an everything up morning. Materials have a bottoming pattern. Spoo is into initial resistance. European debt shows a bottoming pattern which means money for nothing trade is back on. Let the day set up.