Currently viewing the tag: "Indices"

Financials: Sept. Bonds are currently unchanged at 154’23, 10 Yr. Notes fractionally higher at 126’11.5 and 5 Yr. Notes unchanged at 118’11.2. Saber rattling by N. Korea and return rhetoric by President Trump sent traders to the safety of treasuries over the last 48 hours. Add lowered expectations of less than 2% expected inflation rate […]

Continue Reading

The Windy City Trader. 08/08/17

On August 8, 2017 - 2:11 PM By

You know summer is winding down in Chicago when NFL football begins. Until last year our baseball teams were usually long gone from any playoff consideration by this time so DA BEARRSSSS were usually all we had to look forward to. Thanks to the Cubbies we at least can watch baseball through September now. And […]

Continue Reading

Financials: Sept. Bonds are currently 15 higher at 154’21, 10 Yr. Notes 4 higher at 126’07.5 and 5 Yr. Notes 2 higher at 118’08.5. Yesterday’s ADP private jobs number came in at 178K, slightly below expectations of 180K. This number usually correlates closely with the monthly Unemployment Report of which guesstimates so far reflect an […]

Continue Reading

Financials: Sept. Bonds are currently 15 lower at 152’22, 10 Yr. Notes 5.5 lower at 125’27 and 5 Yr. Notes 3.7 lower at 118’02.5. The Fed has left rates unchanged as expected after yesterday’s FOMC meeting. Of note is the intention to start trimming the Fed Balance Sheet (inventory of mortgage-backed securities, Bonds, Notes etc.) […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading