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Mon, Jun 5th, 2023

Thomas Bills

Thomas Bills

I'm currently a middle office analyst for a proprietary trading firm with a BS in finance from the University of Illinois (Champaign-Urbana). I have 20+ years of experience in this industry ranging from working on the trading floors of the CME and CBOE, working in back-office operations, managing a clearing department, trading equities for a prop firm, and trading futures for my own account. 

I analyze 30+ different futures markets on a daily basis in the following sectors: grains, softs, meats, metals, energy, indexes, interest rates, and currencies. All of my market analysis is technical-based and looks for key areas of support and resistance that could either provide solid reward to risk trades or identify areas for profit-taking.

Most Recent Stories

Australian Dollar Forecast

Bearish bias with downside target zone of 0.62230-0.61355.

Is the Gold Rally Done?

Watch 1920.50 to 1866.70 area .

Nasdaq Futures Shows Strengthening Up Trend

This market is in a bullish, buy the dip mode with two upcoming price zone targets.

Nasdaq 100 Futures Turn Bullish

Watch for upcoming resistance zones and potential support zones on pullbacks.

Bullish US Dollar Index Set-Up

Long entries on 240m time frame.

Is This Recent Pullback in Copper a Buying Opportunity?

Support Zone nears between 3.9600 and 3.7400.

Cotton Gearing Up for Explosive Move?

Cotton forming potential symmetrical triangle pattern.

Can This Bitcoin Rally Continue?

Upside resistance between 23818 and 25900.

Forecasting Higher Silver Prices

Upside target zone between 26.50-30.35.

Euro Approaches Potential Profit Taking Zone

Upside resistance zone between 1.09370 and 1.14740

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Top 10 Most Mentioned Symbols on WallStreetBets over the last week were: 1) $NVDA 2) $SPY 3) $QQQ 4) $TSLA 5) $SOFI 6) $V 7) $CRM 8) $AAPL 9) $PLTR 10) $AMD Source: Quiverquant
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Nasdaq has finished in the green for 6 consecutive weeks, the longest weekly winning streak since January 2020. That feels bullish 🐂 https://t.co/7gExsX7H6G
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ETFs w/ most active options trading: $SPY - 10.751M $QQQ - 3.009M $IWM - 2.072M $EWZ - 423k $HYG - 399k $TQQQ - 388k $FXI - 322k $EEM - 312k $TLT - 233k $UVXY - 217k $SQQQ - 211k $KRE - 200k $XLF - 185k $GLD - 180K $XLE - 179K $DIA - 145K $VXX - 130K $EFA - 119K $SOXL - 110K
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Stocks w/ most active options trading: $TSLA - 3.865M $AAPL - 1.420M $NVDA - 1.375M $AMZN - 1.110M $AMD - 593k $GOOGL - 451k $PLTR - 437k $META - 433k $MSFT - 404k $BAC - 395k $SOFI - 371k $BABA - 294k $NFLX - 288k $AI - 256k $DIS - 247k $NIO - 240k What options did you trade?
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% of Large Cap Stocks Above Their Moving Averages https://t.co/GzLPZc9SFP
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Shadow Banks now control $239 trillion, almost half of the world's total financial assets. This number has more than doubled since the Global Financial Crisis 👀 https://t.co/B8K0o3MfEE
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Dow Jones Industrials finished the day up 2.12%, the largest gain of the year since January 6 when it finished in the green by 2.13% https://t.co/LeycYhJULo
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CBOE Volatility Index $VIX closes at lowest price since before the pandemic https://t.co/Xbk9WObpYf
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Stock Market Fear & Greed Index = 65 (Greed) Shouldn't this be Extreme by now? 🤔 https://t.co/eoWe6x0v7W
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Trust in the Federal Reserve Chair - Visualized https://t.co/oUapSUYpom
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Today's Futures Heat Map Strongest: Lean Hogs, Russell 2000 E-Mini, Soybean Oil, Pork Cutout Weakest: Milk, Gold, Coffee, Orange Juice https://t.co/HTK5CDsdr9
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What price will Gold hit first?
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Stocks Rally As U.S. Default Concerns Recede And Wage Pressures Ease Related Stocks: $VZ $T $CAT $DISH https://t.co/LApZeX8SD7
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4 Stock Market Morning Movers: $LULU $MDB $S $IOT Check out the Details 👇 https://t.co/3vsWhRizc8
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Markets Today: Stocks Gain As Senate Passes Debt Ceiling Bill Related Stocks: $LULU $COST $DELL $BABA https://t.co/arAqcB1frp
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ETFs w/ most active options trading: $SPY - 9.279M $QQQ - 2.943M $IWM - 918k $HYG - 494k $TQQQ - 292k $GDX - 230k $UVXY - 230k $KRE - 224k $TLT - 218k $SQQQ - 204k $EWZ - 179k $EEM - 145k $XLE - 136k $SLV - 126k $SOXL - 115k $GLD - 103k $XLF - 88k $KWEB - 81k $VXX - 79k $UNG-75k
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Stocks w/ most active options trading: $TSLA - 2.493M $NVDA - 1.235M $AAPL - 1.052M $PLTR - 756k $AMZN - 675k $AMD - 609k $META - 582k $SOFI - 550k $AI - 527k $MARA - 399k $BABA - 372k $MSFT - 315k $GOOGL - 306k $CVNA - 293k $NFLX - 287k $CHPT - 250k What options did you trade?
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NYU Finance Professor Aswath Damodaran sold 50% of his Nvidia $NVDA shares because he believes the run-up has been so astonishing that he couldn't continue to call himself a value investor if he held it all https://t.co/PaX2o1t0yV
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% of Large Cap Stocks Above Their Moving Averages https://t.co/Wvbgd4APPw
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That's a heck of a candle for Lululemon $LULU https://t.co/sSEDMmdOZE
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Not much fear left in the market as the CBOE Volatility Index $VIX finished the day at 15.65, the lowest closing price since November 4, 2021 https://t.co/sySrvgcQK6
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Is it Time to Buy Copper? https://t.co/NooKeDT12g
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Stock Market Fear & Greed Index = 68 Extreme Soon? 🥳🤑 https://t.co/kdx8CGafVn
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