Daily Market Intelligence 1-29-21
First Majestic Silver (AG) seems to be the standout this A.M. up 38%. KOSS..hard to believe this opened @ 3 on Monday and is not trading 76 GME…up another 41% Spoo’s held a very nasty mid-week shuffle. 3742.50 will become … Continue reading
Daily Market Intelligence 1-28-21
Grains are firm with Asian buyers. Indices are weak with the Spoo’s just above momentum support @ 3797-3800. 3775 is the reversal # on the 100X3. Bitcoin is sitting on momentum. Further weakness in the Indices could see further liquidation. … Continue reading
Spoo’s held half day momentum on last nights low. I still need sustained and closing price action above the target and last nights high of 3856.75. Soybeans and Wheat held weekly momentum Monday. That is the risk to be long.
Daily Market Intelligence 1-26-21
It’s a tech scrum in front of tomorrow’s earnings. BB & PLTR are trading @ stated initial targets from Friday. Respect the weekly gap fills. The game will be in FANG names with APPL making new ATH Spoo’s…3831.25 is first … Continue reading
The one headline that caught my eye this A.M. was a statement from the BOJ that said YCC is working. Gold is picking up against Crypto. Platinum leads the metals complex. Investors must be expecting more negative comments from Lagarde … Continue reading
The one headline that caught my eye this A.M. was a statement from the BOJ that said YCC is working. Gold is picking up against Crypto. Platinum leads the metals complex. Investors must be expecting more negative comments from Lagarde … Continue reading
The world bourses welcomed China GDP data last night. Spoo’s…back to the upper side of the descent range. Long Crypto short metals is still leading. Etherium is Peter’s pick for the best performing asset for 2021. Trade the market in … Continue reading