Currently viewing the tag: "Metals"

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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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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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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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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Financials: Dec. Bonds are currently 3 higher at 141’06, 10 Yr. Notes 1 higher at 126’12.5 and the 5 Yr. Note fractionally lower at 119’13. These markets have been relatively calm over the last 2 sessions given the dramatic moves in the currencies, metals and equities. Continue to treat Bonds as a trading affair between [...]

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Financials: Dec. Bonds are currently 14 lower at 141’04, 10 Yr. Notes 6 lower at 126’14 and 5 Yr. Notes down 3 at 119’16. Early this morning the Bank of Japan announced it would increase it’s Bond purchases by more than the equivalent of 780 billion dollars (quantitative easing) in an effort to stimulate their [...]

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Financials: Dec. Bonds are currently 2 lower at 141’15, 10 Yr. Notes 1 lower at 126’29 and the 5 Yr. Notes fractionally lower at 119’29. Results of the 2 day FOMC meeting will be announced at 1:00pm Central. It is expected that we will see the end of Quantitative Easing and that language will reflect [...]

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