Stocks… Spu’s…still tgt the low 2020’s Nasd 100…4160 is the next tgt. Bonds … 30 yr. Bonds.. I don’t have an interest in selling the Bonds mid-week after a 2 1/2 point break. FYI…I will be writing and trading off … Continue reading
It will be a day traders kind of day. Price action below 1314 on the Spu P&F shows a little more weakness in the Index. Price action over 1320… the P&F’s show more strength. All the action is in the … Continue reading
UnEnjoyment is upon us once again. Dr. Nenner’s model in the 30 Yr. Bonds shows 118.08 as a significant level today. Pay close attention to this bond level for a reaction trade in the SPU/Bonds…(If the Bonds hold 118.08 you … Continue reading
It’s the first day of the month. We are going to pay close attention to the price action around 9 CT to see if directional flows reverse. Spu/Bonds spread needs to show it’s metal…with the bonds closer to the bottom … Continue reading
No great insights this A.M. It’s going to be a trade what you see kind of day however, I would point out that the Spu/Bond spread on the longer time frames is getting over baked….the Stocks have remained firm and … Continue reading
Long Spu/Short Bonds is once again going to be the flavor of the day… I am still looking to sell the big multi point rallies in the 30 yr. via the long TBT trade at the major fib levels. These … Continue reading