Phil Streel
CME expected to announce new 100-ounce silver contract to lower barrier to entry amid rising volatility and margins.
Phil Streel
Stock futures slightly lower ahead of CPI report; DOJ probe into Fed combined with lower CPI would be one-two punch against Fed credibility.
Phil Streel
Russell 2000 outperforming S&P 500 over past seven sessions; NFIB Small Business Index rose to 99.5 in December showing small business optimism.
Phil Streel
JP Morgan trading desk predicts 1.75% rally if S&P 500 CPI comes in line with or cooler than estimates.
Phil Streel
Precious metals pulling back from all-time highs; silver up 66 cents after breakout from consolidation.
Phil Streel
Margin requirements likely to continue rising due to increased volatility; gold 14-day average range $92.50 with key support around $4343.14.
Phil Streel
Silver 14-day average range $4.88 means futures at $85 could reach $100 by end of week with three upward moves.
Phil Streel
ETF flows: buying gold, silver, palladium; selling platinum; gold ETF holdings highest since September 2022.
Phil Streel
US earnings should easily beat modest expectations driven by better-than-expected sales growth, especially AI-related names.
Phil Streel
Watching CPI release impact on dollar index, 10-year Treasury yields, equities, gold market.
Phil Streel
Rate cut expectations declining overnight to 5% chance for January; could jump to 16-25% if CPI below expectations.
Phil Streel
Dollar index neutral trend at 98.72; 10-year yields at top of range 4.19%; key resistance on 10-year futures at 113.
Phil Streel
Bitcoin futures showing bottoming formation with potential breakout to upside; key level 93,000.
Phil Streel
Would not be surprised to see softer-than-expected CPI report with quick explosive volatility back to upside.