Currently viewing the tag: "Economy"

The Windy City Trader 7/25/17

On July 25, 2017 - 1:40 PM By

Late last week the headlines rang out “JUICE IS FREE !!!!”. Orange juice immediately dropped 20 cents on that news. OK just kidding folks, that’s just how my warped brain thinks. But remember other OJ, 3 strikes and you’re out.
Metals: Fed inaction on interest rates continues to weaken the US Dollar which has […]

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Financials: Sept. Bonds are currently 2 higher at 154’00, 10 Yr. Notes 1 higher at 126’02.5 and 5 Yr. Notes 0.5 higher at 118’04.7. The market has advanced slightly over the last week. I am still overall negative on these markets believing that rates will eventually creep higher as the economy continues to recover albeit […]

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Financials: Sept. Bonds are currently 4 higher at 152’29, 10 Yr. Notes 1.5 higher at 125’18 and the 5 Yr. Note 0.5 lower at 117’27.5. Testimony by Fed Chairwoman Yellen yesterday indicated that the Fed would take a moderate to soft path when it comes to raising rates and trimming the Fed’s balance sheet by […]

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The Windy City Trader. 07/11/17

On July 11, 2017 - 12:04 PM By

Let’s see now, I no longer watch the news because… well just because. I don’t watch much regular TV because everything on these days is either a competition (think American ninja warriors, battle of the network stars, dancing with the stars.. OK you get it) or an inane reality show. (think Kardashians, any city Housewives […]

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Financials: Sept. Bonds are currently 22 lower at 152’21, 10 Yr. Notes 11 lower at 124’28 and the 5 Yr. Note 6 lower at 117’14. My down side objective of the125’08-125’17 area for the 10 Yr. Note has been met and surpassed. I recommend covering all short biased positions in the interest rate sector and […]

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Financials: Sept. Bonds are currently 1’02 lower atb153’30, 10 Yr. Notes 13.5 lower at 125’25 and 5 Yr. Notes 6.25 lower 117’31.75. This morning’s GDP number of +1.4% was slightly above expectations of +1.2% nudging the interest rate vehicles a few ticks to the upside from overnight lows. During the last week the yield curve […]

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Financials: Sept. Bonds are currently 6 lower at 156’10, 10 Yr. Notes 1.5 lower at 126’20 and 5 Yr. Notes unchanged 118’09.5. Over the last week Bonds have worked higher while the 5 & 10 Yr. worked lower narrowing the yield curve. The interest rate on the 30 Yr. Bond is now at a 7 […]

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Financials: Sep. Bonds are currently 4 lower at 155’16, 10 Yr. Notes 4 lower at 126’25 and 5 Yr. Notes 2.5 lower at 118’12.5. Yesterday the Fed raised rates by 25 basis points as expected. Bonds and notes rallied sharply earlier in the session due to disappointing Retail Sales and Consumer Price data which were […]

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The Nemenoff Report 06/08/17

On June 8, 2017 - 10:07 AM By

Financials: Sep. Bonds are currently 11 lower at 154’05, 10 Yr. Notes 5.5 lower at 126’11.5 and the 5 Yr. Notes 3 lower at 118’09. During the last week the market gave the opportunity to go short the 10 Yr. Notes in the 126’20 area (making a high at 126’28). The market is still giving […]

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Financials: Sep. Bonds are currently 11 lower at 154’05, 10 Yr. Notes 5.5 lower at 126’11.5 and the 5 Yr. Notes 3 lower at 118’09. During the last week the market gave the opportunity to go short the 10 Yr. Notes in the 126’20 area (making a high at 126’28). The market is still giving […]

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Financials: Sep. Bonds are currently 12 lower at 153’14, 10 Yr. Notes 4 lower at 126’05.5 and the 5 Yr. Notes 2.5 lower at 118’07.5. As of this writing the trade is expecting an increase of 180,000 jobs for non-farm payrolls for tomorrows Jobs Report. We have patiently been on the sidelines awaiting an opportunity […]

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The Windy City Trader. 05/23/17

On May 23, 2017 - 1:15 PM By

With Memorial Day approaching next week I for one offer my greatest thanks and gratitude to all of our military personal past, present and future and pray for their sacrifice and safety on this coming Memorial Day and always. I guess 18 year olds in past generations weren’t allowed the luxury of “safe spaces” to […]

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