Tag Archives: U.S. Dollar

A.M. Look 9/24/20

Strong Greenback is correlating with sellers in the Commodity sector. Spoo’s have a potential double bottom and would need a 3243.75 print for any recovery. Russell is bouncing off its Matrix level. 1456.62 is today’s 200 DMA A close above … Continue reading

A.M. Look 7/27/20

The Dollar was sold out of the gate last night with the high demand for precious metals. A Mighty Short Squeeze May Be Building in Gold https://www.bloomberg.com/view/articles/2020-07-27/a-mighty-short-squeeze-may-be-building-in-gold-futures Yra set this trade up two weeks ago before Gold & Silver broke … Continue reading

A.M. Look 5/4/20

Spoo’s went to the bottom of value in early Asian trade and held for a sizable bounce. Nasd 100 will take sustained and closing price action under 8555 to weaken further. I’m expecting to see a two way trade today … Continue reading

A.M. Look 12/16/19

Currency Futures Expire today @ 9:15 Zhengzhou commodity exchange…Sugar volume quadruple ICE.. Trading is shifting offshore and out of dollars. Whether intentional or unintended, the consequence is the same. The Trade Wars have outcomes. Lumber has ben going sideways to … Continue reading

A.M. Look 5/3/19

The Dollar has a bid tone with a risk on board. Amazon leading the rally after Berkshire news of AMZN buying. Spoo’s are caught between 2900 and 2945. Two closes are required either above or below for new direction. Nasd … Continue reading

Daily Market Intelligence 4/24/19

Daily Market Intelligence 4-24-19

A.M. Look 3/28/19

Bunds are gaining on the Italian 10’s Pulte is gaping up into Monthly resistance. Lulu is @ 165 back @ all time highs. Look for another back and forth scrum in the Indices. I would expect reduced volumes. Don’t over … Continue reading

Midday Missive

Today’s Dollar buying translates into positive flows for the Bonds. Match up the next low in the Spu’s with 31.37 in the VXXB. Time Frame trading the rest of the day. Nasd 100 is into support on the 100X3 @ … Continue reading

Midday Missive

AAPL..174.78 is the bottom of the gap Closing over 176.20 would lead to another $10 dollars MYL..I bought Mylan in the room @ 31.05 2732 is the 50 WMA in the Spu’s which is capping the Index for now. It’s … Continue reading

The Late Show

Everything is going. I sold another 1/3 of my 123 GLD calls You should get them around 2 dollars or better. I have a resting order to sell the rest @ 2.48. Looking for another 5 dollars. Baring anything Powell … Continue reading