Currently viewing the tag: "Financials"

Financials: Mar. Bonds are currently 12 higher at 141’30, 10 Yr. Notes 6 higher at 126’21.5 and 5 Yr. Notes 2.5 higher at 119’07.5. We are now quoting the March contracts which are trading at 1’14 discount to the Dec. Weekly Jobless Claims were higher than expected being up by 21,000 vs. expectations of a [...]

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Financials: Dec. Bonds are currently 11 lower at 141’21, 10 Yr. Notes 5 lower at 126’17 and 5 Yr. Notes2.7 lower at 119’18. On last Friday China lowered key interest rates by up to 40 basis points as Mario Draghi reiterated previous statements that the ECB will do whatever it takes to fight deflation. The [...]

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Turkey week. DRY HEAT Report 11/24/14

On November 24, 2014 - 7:53 AM By

A short Thanksgiving week. No trading Thursday and most markets close at 12:00 – 12:45pm on Friday. I hope you all have a great Thanksgiving. Now the markets; Gold & Silver: Gold and silver still appear to be correcting. The biggest event on the horizon is the Swiss vote, on November 30th, that would require [...]

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Financials: Dec. Bonds are currently 9 lower at 141’13, 10 Yr. Notes 5.5 lower at 126’15 and the 5 Yr. Note 3.7 lower at 119’14.5. Continued worry about deflation has kept these markets in a tight range. Continue to treat Bonds as a trading affair between 140’08 and 142’28. Housing starts and FOMC minutes later [...]

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The Windy City Trader 11/18/14

On November 18, 2014 - 8:19 AM By

Hello Fellow Traders, I was speaking with a very dear friend of mine joking about how funny it was that when the Jimmy Fallon’s and Jay Lenos interview our teen and early 20s how they cannot answer simple questions such as “who is the vice president? But when asked to name the Kardashians the names [...]

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Financials: Dec. Bonds are currently 14 higher at 142’04, 10 Yr. Notes 6 higher at 126’28 and 5 Yr. Notes 3.5 higher at 119’22. A disappointing negative GDP number out of Japan has rallied the market due to continued deflationary fears and slowing global economies. We have been trading Bonds from the long side in [...]

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Financials: Dec. Bonds are currently 3 higher at 141’07, 10 Yr. Notes 3 higher at 126’13.5 and 5 Yr. Notes 1.5 higher at 119’13. Continue to treat Bonds as a trading affair between 140’08 and 142’28. Personally I prefer the long side on sharp breaks for short term trades. Weekly Jobless Claims were up 12,000 [...]

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Financials: Dec. Bonds are currently 3 lower at 140’28, 10 Yr. Notes fractionally lower at 126’08 and the 5 Yr. Note unchanged at 119’10.5. I am still looking at the Bonds as a trading affair between 140’06 and 142’28. Volume will be light today as many participants are on the sidelines due to the Veteran’s [...]

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  A Traders Life! With Frank Petricca! [PRICE Links Video] Recorded 11/10/14 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds of the industry’s top analysts that [...]

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I am going to depart from my customary feeble attempts at humor here in my opening remarks to give a hearty shout out and sincere thank you to all our military veterans and current military personal who have and are protecting us and the freedoms we enjoy as Americans. We cannot thank you enough for [...]

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This last Friday, the Department of Agriculture announced the approval for planting of a new genetically modified potato, the Innate Potato. It was developed by the J.R. Simplot Company of Boise, Idaho. J.R. Simplot, the company founder, was known as the Potato King when I first became involved in the commodity markets. His company was [...]

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The Windy City Trader 11/3/14

On November 3, 2014 - 1:40 PM By

On this election eve I am sure that everyone out there is familiar with the rich and colorful Chicago and Illinois political scene as it is renown worldwide. It goes back to the gangster days when Al Capone ruled the city and continues on as evidenced by the fact that 4 out of our last [...]

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