Marc Nemenoff
About The Author

Marc Nemenoff

Marc Nemenoff gives his readers an insight into the decision making process of a professional trader and analyst with 35+ years of market experience. He covers the markets with which he has had the best success throughout his career with. Contact Mr. Nemenoff at (312) 264-4310

Financials: Mar. Bonds are currently 23 lower at 149’19, 10 Yr. Notes 6 lower at 122’15 and 5 Yr. Notes 2 lower at 115’08. The long Dec. 2018/short Dec. 2019 Eurodollar spread has widened from last weeks 21 points premium the nearby to 23 points approaching my objective of 25-26 points premium the Dec. 2018. Curiously as rates have edged higher, the yield curve continues to flatten. The spread between the 10 yr. and 30 yr. yields on the cash market has narrowed to 28 basis points premium the 30 Yr. When we started to track this spread several months ago the spread was 48 basis points. I believe this is a reflection of the Fed raising short-term rates and not a sign of impending recessionary forces which in the past have resulted in yield curve flattening.
Grains: Mar. Corn is fractionally lower at 352’4, Mar. Beans 1’2 lower at 967’4 and Mar. Wheat up 2’0 at 423’4. I remain long Mar. Corn with an objective of 363’0.
Cattle: Live and Feeder Cattle closed sharply higher yesterday and 400-450 points above my Report last week (Jan. 11th). I am currently on the sidelines looking to go short Feb. LC should the market trade above 123.250.
Silver: Mar. Silver is currently 9.5 cents lower at 17.07 and about unchanged from a week ago. We remain long.
S&P’s: Mar. S&P’s are 1.50 lower at 2802.25. I remain on the sidelines.
Currencies: As of this writing the Mar. Euro is 10 lower at 1.22735, the Yen 11 lower at 0.90175, The Pound 16 lower at 1.3890 and the Dollar Index 10.7 higher at 90.420. It appears that the Pound has broken out to the upside. Buy breaks of 150-200 points.

Regards,
Marc
Questions? Ask Marc Nemenoff today at 312-264-4310

View The Nemenoff Report Archiveswww.pricegroup.com

A Subsidiary of Price Holdings, Inc. – a Diversified Financial Services Firm. Member NIBA, NFA

Past results are not necessarily indicative of future results. Investing in futures can involve substantial risk of loss & is not suitable for everyone. Trading foreign exchange also involves a high degree of risk. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should seek advice from your advisors as appropriate to ensure that you understand the risks and can withstand the losses.

The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures. The Price Futures Group, its officers, directors, employees, and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Reproduction and/or distribution of any portion of this report are strictly prohibited without the written permission of the author. Trading in futures contracts, options on futures contracts, and forward contracts is not suitable for all investors and involves substantial risks. ©2018

888.908.4310 | 312.264.4310
mnemenoff@pricegroup.com
Past results are not necessarily indicative of future results. Investing in futures can involve substantial risk of loss & is not suitable for everyone.
To SUBSCRIBE to The Nemenoff Report please visit http://bit.ly/28Yx3lv.
To Unsubscribe from The Nemenoff Report please send an email to offers@pricegroup.com.
View The Nemenoff Report Archives at http://blog.pricegroup.com/tag/the-nemenoff-report.

________________________________________

Please note: The Price Futures Group has not passed off on the merits or claims made in this report. The accuracy or completeness of any information presented is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures.

A Subsidiary of Price Holdings, Inc. – a Diversified Financial Services Firm. Member NIBA, NFA
Past results are not necessarily indicative of future results. Investing in futures can involve substantial risk of loss & is not suitable for everyone. Trading foreign exchange also involves a high degree of risk. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should seek advice from your advisors as appropriate to ensure that you understand the risks and can withstand the losses.
The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures. The Price Futures Group, its officers, directors, employees, and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Reproduction and/or distribution of any portion of this report are strictly prohibited without the written permission of the author. Trading in futures contracts, options on futures contracts, and forward contracts is not suitable for all investors and involves substantial risks.

Leave a Reply

Your email address will not be published. Required fields are marked *

Security Question * * Time limit is exhausted. Please reload CAPTCHA.