Spoo’s…Futures traders were paid for their mid-week shuffle trade that was laid out at the end of yesterday’s session. 3300 was the target and exit. Yesterday I posited the proposition that the low was good for a bounce and we … Continue reading
It’s all coming to a head going into the end of the week. Month end, big cap tech earnings over, Full Moon and the elections. Spoo’s are lower on the Month. Pit Gap 3308-3287.30 will be in play again. 3356 … Continue reading
Daily Market Intelligence 10-28-20
Daily Market Intelligence 10-23-20
Buckle up for today’s drama. Stimulus, Will they or won’t they? Spoo’s have given me what I was looking for. Spoo/Bond retested its breakdown level from yesterday. Russell…point of control is 1626.80. NFLX after the close. Looking at the weekly, … Continue reading
Daily Market Intelligence 10-20-20
China economic news is improving. The interesting tidbit was the 1 Million dollar Eurodollar Options bet via puts on rising rates that could pay out 50-1. Indices are right where they were @ 2 P.M. CDT before OP EX Friday. … Continue reading
Daily Market Intelligence 10-19-20
XRT..Retail was on the boil yesterday. Fast Food names, RL,TPR,GPS,LEVI,GOOS,CROX. Low grade dog food and what’s on everybody’s shopping list for the holidays. Spoo’s should hold above 3468.75. Looking for 3519.75 to fill out the 50X3. Small and Midcap weighted … Continue reading
Daily Market Intelligence 10-16-20