Currently viewing the tag: "Financials"

Financials: Dec. Bonds are currently 11 higher at 136’06, 10 Yr. Notes 5 higher at 124’04.5 and 5 Yr. Notes 2.5 higher at 118’01.5. The market is showing signs of evening up before this weeks FOMC meeting and some flight to quality before the Scottish vote on the referendum for independence. The market will be [...]

Continue Reading

Financials: Dec. Bonds are currently 8 higher at 137’14, 10 Yr. Notes 3 higher at 124’18.5 and 5 Yr. Notes 2.5 higher at 118’06.5. Weekly Jobless claims were up 11,000 to 315,000, somewhat more than the 300,000 the trade had expected. The yield on the 10 Yr. Note remains in the 2.5% area, slightly lower [...]

Continue Reading

Financials: Dec. Bonds are currently 13 lower at 137’18, the 10 Yr. Note 10 lower at 124’20.5 and the 5 Yr. Note 7 lower at 118’06.5. Rates appear to be starting to edge up as the 10 Yr. yield once again approaches the 2.5% level. We remain spread long the June 2015 Eurodollar/short the June [...]

Continue Reading

The Windy City Trader 9/8/14

On September 8, 2014 - 2:12 PM By

Coming on the heels of the death of Robin Williams I was saddened over the somewhat sudden death of Joan Rivers. She never failed to give me a belly laugh and like her or not she could dish it out and take it with her self –deprecating humor. She will be sorely missed. Along these [...]

Continue Reading

Farm Futures recently published their study of the “Best Places to Farm” in the United States. Bryce Knorr, who writes “ Morning Market Review” on the Farm Futures website, explained the study in an online article released last Friday. He explained that 3,000 U.S. counties were compared using data from a recently released Census of [...]

Continue Reading

Financials: Dec. Bonds are currently 15 higher at 138’21, 10 Yr. Notes 12 higher at 125’11.5 and 5 Yr. Notes 9 higher at 118’22. The Monthly Jobs Report showed an increase in non-farm payrolls of 142,000 vs. expectations of 225,000. This is the first disappointing report in months, and probably not an indication of things [...]

Continue Reading

Financials: Dec. Bonds are currently 5 lower at 138’25, the 10 Yr. Note 5.5 higher at 126’13 and the 5Yr. Note 5 higher at 118’22. The morning’s ADP private sector job survey showed an increase of of 204,000 vs. expectations of an increase of 220-230,000, somewhat disappointing. Weekly jobless claims were up 4,000 slightly above [...]

Continue Reading

The Windy City Trader 9/3/14

On September 3, 2014 - 11:55 AM By

You have probably heard that a number of Hollywood types have had phones and other personal devices hacked and most of the hacks were quite “revealing” and they were outraged that their naked images were exposed. Most networks quickly moved to block any access to these pictures before the majority of the populace was able [...]

Continue Reading

HUGO A GO GO. DRY HEAT Report 9/2/14

On September 2, 2014 - 7:52 AM By

General Comment: I have commented many times in the past about how our government, through the offices of the Bureau of Labor Statistics or the U.S. Treasury Department, has “adjusted” the methods used to calculate reports of unemployment, employment and inflation, to name a few. Stats that if measured using methods of 1990 that would [...]

Continue Reading

Financials: Dec. Bonds are currently 16 higher, 10 Yr. Notes 6 higher at 125’26.5 and 5 Yr. Notes fractionally higher at 109’15.0. Renewed military activity between Russia and Ukraine have rallied the Bonds in “risk off” trade, flight to safety. Given the upcoming long weekend I am on the sidelines in these particular treasuries. That [...]

Continue Reading

Financials: Sept. Bonds are currently 10 higher at 140’27, 10 Yr. Notes 6 higher at 126’07.5 and 5 Yr. Notes 3.5 higher at 119’18.5. Bonds continue to out pace shorter term treasuries and coming close to the yearly high of 141’21 which we will use as a resistance level to trade from the short side [...]

Continue Reading

Financials: Sept. Bonds are currently 6 higher at 140’20, 10 Yr. Notes1 higher at 125’30 and the 5 Yr. Note fractionally lower at 119’13.2. Last week we licked our wounds and took the loss on the long 10 Yr./short Bond spread in the 13’20 premium the Bonds. The spread is currently trading at 14’22 premium [...]

Continue Reading