It’s time to lay off your mouse and give your index finger a break. Relax and reflect on the task ahead, which is having another banner year in 2021. I’m bullish and the Russell is leading. Spoo…headline break to nowhere. … Continue reading
Daily Market Intelligence 12-23-20
AAPL & VLDR have provided the room a nice XMAS present. Good catch on the headline for the group!!! VLDR is up 20% since the headline and APPL is now being touted as a TESLA killer. Spac names are raging. … Continue reading
Daily Market Intelligence 12-22-20
The Long end of the curve expires today along with Oil. VIX hit it’s 200 DMA with Spoo/Bond trading @ 2102, just below its 2018 high. Nasd 100 acts the best Bitcoin hit its first objective. Copper broke into support. … Continue reading
Daily Market Intelligence 12-21-20
Bitcoin started the rally last night. Everything else followed. Rough targets were put out last night. Initial rough target is just shy of 25K. I’ll update the currencies matrix levels later. Gold…has completed a .618 retrace for the past 2 … Continue reading
Mid-Week Shuffle. All eyes on the Fed this afternoon. Euro…122 will initially be a sticky level on the Qtly & Semi-Annual Cloud. Gold… potential double top on the 100X3. Spoo…potential double top on the 50&100X3. It could provide some resistance … Continue reading
Take it one day at a time, one capital flow at a time. I’m not expecting follow through in anything. Spoos… 3675-78 is near March resistance. The haggling and Grinch fashion show continues with both parties trying to jam their … Continue reading
Spoo’s have knocked on the door of a 50% target level for the better part of the past two sessions @ 3680. Risk spreads are positive. I have no preconceived notions about today. We will have a short discussion regarding … Continue reading