Pre-market & Intra-day updates

I have talked several times about my bearishness on financials, especially Euro banks – CS and DB. I don’t like talking about shorting in general, but those two in particular are a disaster. There are...

I left a message earlier – I just sold some PLUG into the rally.  And  the gap trade setup mentioned in yesterday’s pre-market for OWCP has been a nice trade, this stuff is pretty high...

Today is another stupid release of the Fed minutes, and it’s often a market moving event. Gold tends to trade lower in front of it, as well as the unemployment number on Friday. I’m still...

The reason to keep coming back to the Dow Transports is it is often a leading index both at tops and at bottoms. And the Nasdaq is often the last to put in a top,...

MMEX – that is a buying climax at the gap open this morning. I am out and staying away from that one, just watching now. Be careful....

The general themes which I’ve discussed several times is the focus today. This is a quite worrisome time period for global stocks. There’s been a lot of discussion of the “great performance” in several markets,...

In last Thursday’s pre-market comments, the rally in crude and the time frame into this week were discussed again: ” The crude rally continues, it still has some time, but resistance levels are coming into...

Markets are pretty quiet now, but a few things to watch. The more the $ rallies off the spring low from last Monday, the more people that will start to question why they were so...

Another theme in this time period and talked about in the commodities video from Monday was ags. And how we should start to see the ags bottoming soon, ahead of the rest of the commodities....

Three of my themes at the beginning of the week have been that the crude oil bounce would last into next week, and it would help the stock market and junk bonds – also the...