Spoo..2988 & Nasd 100 7842 are the first upside targets. Nasd/Bond is trading above the multi decade pivot @ 5030. It will take 22 consecutive closes over this level to confirm higher. Spoo’s have turned up on all Point & … Continue reading
Daily Market Intelligence 7-1-19 Daily Market Intelligence 7-1-19
Daily Market Intelligence 6-27-19
Daily Market Intelligence 6-26-19
Sold all of My Long 25 Aug 16 GDX calls @ 1.82 average. Rolled 1/2 into Aug 16 27 GDX calls @ 80 cents Nasd 100/Bond into its 200 DMA Spoo will need a print into the 2921 ish to … Continue reading
Time for a little money management. I’ll be rolling up the August 25 GDX calls this A.M. After a $100 vertical move in Gold it’s the prudent play. SNB woke up to a strengthening Suisse last night. Looks like they … Continue reading
“Gold is rallying not on inflation expectations but rather on the perception that Central banks have lost control of their Zero & Negative rate policies.” Yra Bitcoin has just completed a 50% retrace for the life of the contract from … Continue reading
Daily Market Intelligence 6-24-19
EUR/CHF shows all is not right in Europe. Spu’s have trades the target for the second time from 2017. Until i see two closes in a row over that level, it’s a trade what you see affair. Sold GDX … Continue reading
Daily Market Intelligence 6-21-19