The failure of the 30 Yr. Bonds to run the unemployment stops @ 173.23 is running the Equity/Bond spreads which are all presently trading above their 200 DMA’s keeping the Equity Indices firm. DAX…as long as the Futures remain above … Continue reading
Gold…the volume is now in December (Z) 1339 is today’s support and momentum #. The December contract weakens on a close below. Spu/Bond…is showing signs of stress with yesterdays ORL.AMZN & GOOGL earnings after the close are the only 2 … Continue reading
Day only Pit session stops are @ 171.09 Pay attention to these #’s for follow through ( which signals more risk on ) or a possible screw job and a flipping of the spreads.
Equity/Bond spread keeps on going led by the treasuries. I’m not looking for much of any trade in the Indices, although I’d imagine the Bears will come out of hiding today to give it a go after London’s close. This … Continue reading
MSFT…started out .60 cents higher after earnings and has climbed steadily all night now flirting with its all time adjusted high semi-annual close @ 55.48 up 4.6%. Gold… 30 Yr. Bonds Spu/Bond
Spu/Bonds…The spread has moved 10% and is now trading a the Post-Brexit breakdown level and its 200DMA and Its 50 WeekMA. The spread will have to work through this resistance area for higher EUR/JPY…117.95 the Post-Brexit breakdown level Short analysis…Be … Continue reading
Daily Market Intelligence 7-12-16TM
The early trade in Equities will be run by the U.S. banks which all fared well in the FED stress tests. Many are announcing share buybacks which led to the pop in U.S. futures after the Pit close yesterday.The U.S. … Continue reading
Bonds are giving it up.. That implies more equity buying late.
Daily Market Intelligence 6-27-16