Spu’s…25X3 point & figure shows another 80 point rally without any back and fill. The pit daily chart shows the low risk buy zone is in the mid 27 teens. The market needs to relieve its overbought condition. Whether this … Continue reading
Daily Market Intelligence 1-04-18
Welcome to the mid-week shuffle. EIA inventories today will see the Oil and the names active @ 9:30 CDT. Spu’s…a new high by 2 ticks. I do not think that’s the high, however you must be cognizant of new highs … Continue reading
Investors have been buying the U.S. selling European Indices for the past 2 1/2 hours. I would expect to see an early rebound in U.S. Financials as they were sold Friday by the robots. My expectation is that there will … Continue reading
Investors have been buying the U.S. selling European Indices for the past 2 1/2 hours. I would expect to see an early rebound in U.S. Financials as they were sold Friday by the robots. My expectation is that there will … Continue reading
Daily Market Intelligence 1-02-18
Yra awoke me from my hibernation with his last notes of the year. https://yragharris.com/2017/12/28/theend/ FTSE is closing at new all time highs with an ORH month. DAX & Euro Stoxx 50 do not act well. Dow Jones & Spu’s will … Continue reading
Spu’s…focus on the pit gap @ 2682.50. This level has to hold for the Indices to hold up. Given the gap up in the risk spreads this A.M. it will take a bounce in the bonds to fill the gaps. … Continue reading
Daily Market Intelligence 12-20-17
Daily Market Intelligence 12-19-17