Currently viewing the tag: "Economy"

Financials: Dec. Bonds are currently 15 lower at 153’17, 10 Yr. Notes 8 lower at 124’25.5 and 5 Yr. Notes 5 lower at 116’28.5. During the last week the Bonds traded as low as 152’06. If you remain short either take profits or use a protective buy stop at 153’25. The yield curve continues to […]

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Financials: Dec. Bonds are currently 15 lower at 153’28, 10 Yr. Notes 3 lower at 125’05.0 and 5 Yr. Notes 2 lower at 117’04.2. During the last week we were able to sell the Dec. Bonds above the 154’00 level as the market traded as high as 154’26. If you took advantage of the rally […]

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The Windy City Trader. 11/06/17

On November 7, 2017 - 7:13 AM By

As we approach the end of 2017 I was thinking of my resolutions for the year. My first and biggest one was to lose 15 pounds. Only 25 more to go.
Metals: Gold and silver finally held near expected technical lows. Copper looks set to rise after correction and platinum will go the way […]

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Financials: Dec. Bonds are currently 3 higher at 152’27, 10 Yr. Notes 0’01.5 higher at 124’30.5 and 5 Yr. Notes 0’01.2 higher at 117’05.2. It now appears that J. Powell will be chosen as next Fed. Chair. He is expected to follow the current Fed path of cautious tightening. Yesterday the FOMC kept rates unchanged […]

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Financials: Dec. Bonds are currently 0’17 higher at 151’14, 10 Yr. Notes 0’05.5 higher at 124’20.0 and 5 Yr. Notes 0’02.5 higher at 117’01.2. The markets await decision on choice for Fed Chairmanship with the betting favorite now being John Taylor who appears to be more hawkish on rates than 2nd favorite current Fed Chair […]

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The Windy City Trader 10/23/17

On October 24, 2017 - 7:28 AM By

Just for fun….. I talked to a homeless man this morning and asked him how he ended up this way He said, “Up until last week, I still had it all. I had plenty to eat, my clothes were washed and pressed. I had a roof over my head, I had TV and Internet, and […]

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Financials: Dec. Bonds are currently 15 higher at 153’16, 10 Yr. Notes 7 higher at 125’11.5 and 5 Yr. Notes 4.7 higher at 117’11.5. Turmoil in Spain over the question of Catalonian independence has traders seeking a safe haven in Treasuries this morning. In other news since last week, Pres. Trumps short list for Fed. […]

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The Windy City Trader. 10/17/17

On October 17, 2017 - 10:44 AM By

I know I am getting up there a bit age wise but I am remembering a time back when sports used to be a nice way to get away from our everyday strife and problems. It sure would be nice to be able to watch just for the beauty of competition and sport and we […]

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The Nemenoff Report 10/12/17

On October 12, 2017 - 8:07 AM By

Financials: Dec. Bonds are currently 6 higher at 152’24, 10 Yr. Notes 4 higher at 125’11.5 and 5 Yr. Notes 2.2 higher at 117’13.5. Yesterday’s release of the FOMC minutes told us nothing new and continues the passive/aggressive stance of the possibility of a rate hike before year’s end. If you went long on last […]

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The Nemenoff Report. 09/28/17

On September 28, 2017 - 8:05 AM By

Financials: Dec. Bonds are currently 17 lower at 152’13, 10 Yr. Notes 5 lower at 125’09 and 5 Yr. Notes 0’01.7 lower at 117’15.7. Bonds broke nearly 2’00+ over the last couple of sessions in response to Fed comment “that it would be imprudent to wait for inflation to reach 2.0% to raise rates”. This […]

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Financials: Dec. Bonds are currently 11 higher at 156’22, 10 Yr. Notes 6 higher at 127’09.5 and the 5 Yr. Notes 4 higher at 118’23.7. Yesterday Fed V.P. Stanley Fischer announced his retirement leaving the possibility of 4 vacancies on the Federal Reserve board to be filled by Pres. Trump including the possibility of replacing […]

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Financials: Dec. Bonds are currently 4 lower at 155’17, 10 Yr. Notes 2 lower at 126’24 and 5 Yr. Notes 1 lower at 118’12.7. Earlier in the week treasuries rallied to new recent highs as the trade sought the safety of gov’t. issues in response to the provocation of a N. Korean missile sent over […]

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