Currently viewing the tag: "Metals"

The Nemenoff Report 5/17/13

On May 17, 2013 - 9:01 AM By

Financials: June Bonds are currently 12 lower at 145’02 and the 10 Yr. Notes 3.5 lower at 132’11.5. Yesterday the Bonds rallied about 1’16 on disappointing ecominc reports: CPI was down 0.4% slightly lower than expectations of -0.3%. Jobless Claims were up 32,000, well above pre-report estimates of +2,000. Housing starts were up 5.4%, down [...]

Continue Reading →

The Nemenoff Report 5/15/13

On May 15, 2013 - 9:24 AM By

Financials: June Bonds are currently 10 higher at 144’12 and the 10 Yr. Notes 4.5 higher at 131’27.5. PPI and Empire State manufacturing data came in weaker than expected ralying the Bonds about 10 points from just before the reports. Traders are currently watching the market closely awaiting any hints from the Fed about continued [...]

Continue Reading →

The Windy City Trader 5/14/13

On May 14, 2013 - 1:56 PM By

Hello Fellow Traders, Three years ago the Tiger Woods trials and tribulations began when his indiscretions became public and he divorced from his beautiful blonde wife Elin Nordegren. For over two years Tiger lost his game, changed swing coaches, changed his swing, changed his caddy, practiced hours on end… but still the wins didn’t come. [...]

Continue Reading →

The Nemenoff Report 5/14/13

On May 14, 2013 - 9:06 AM By

Financials: June Bonds are currently 7 higher at 144’27 and the 10 Yr. Notes 2 higher at 132’01.0 Since last Thursday’s constructive Jobless Claims Report we were stopped out of any remaining long positions from the 146’16 area when the market traded through our protective sell stop at 146’21. Since that time the market has [...]

Continue Reading →

The Nemenoff Report 5/9/13

On May 9, 2013 - 9:21 AM By

Financials: June Bonds are currently 8 higher at 146’31 and the 10 Yr. Note 4.5 higher at 132’29.5. This morning’s Weekly Jobless Claims Report showed a decline of 4,000 vs. average expectations of an increase of 8,000. If you went long over the last couple of days in the 146’16 area either take the short [...]

Continue Reading →

The Nemenoff Report 5/7/13

On May 7, 2013 - 9:15 AM By

Financials: June Bonds are currently 2 lower at 146’14 and the 10 Yr. Note 1 lower at 132’20.5. Since last Friday’s Employment Report the Bonds have continued their slide falling an additional 1’00 after the immediate 1’07 point decline with the release of the Report. As mentioned in my April 29th Report, the markets appeared [...]

Continue Reading →

The Nemenoff Report 5/3/13

On May 3, 2013 - 9:20 AM By

Financials: June Bonds are currently 1’07 lower at 147’31 and the 10 Yr. Note 15 lower at 133’05.5. The monthly Jobs Report showed an increase in non-farm payrolls of 165,000 vs. average expectations of 140,000. What was surprising was the drop in the unemployment rate to 7.5% below cexpectations of 7.6%. Near term support remains [...]

Continue Reading →

The Nemenoff Report 5/1/13

On May 1, 2013 - 9:17 AM By

Financials: June Bonds are currently 15 higher at 148’27 and the 10 Yr. Notes 6.5 higher at 133’18.0. This mornings ADP private sector job survey showed a monthly increase of 119,000 jobs vs. expectations of an increase of 155,000, some what disappointing. We remain on the sidelines. Near term support is currently 147’22 and resistance [...]

Continue Reading →

The Windy City Trader 4/30/13

On April 30, 2013 - 2:24 PM By

Hello Fellow Traders, Last week was quite an embarrassment for Reese “DON”T YOU KNOW WHO I AM “ Witherspoon. Did anyone out there have the same thought that I did on this. If I was worth, oh I don’t know, upwards of over 100 million or more and I was out imbibing, I believe I [...]

Continue Reading →

The Nemenoff Report 4/29/13

On April 29, 2013 - 9:44 AM By

Financials: June Bonds are currently 4 higher at 149’00 and the 10 Yr. Notes 3 higher at 133’17.0. Positive results for an Italian 10 Yr. auction putting their rates at a recent low of 3.5% has added a bit of upward pressure on treasury prices. Of note is that last week’s high of 149’06 (the [...]

Continue Reading →

The Windy City Trader 4/23/13

On April 23, 2013 - 12:05 PM By

Hello Fellow Traders, Our heartfelt sympathy and prayers go out to those who perished and all of the injured during the cowardly act last week at the marathon. Americans tend to band together during times like this and no better example of this is New York Yankee fans who normally get along with Red Sox [...]

Continue Reading →

The Nemenoff Report 4/23/13

On April 23, 2013 - 11:58 AM By

Financials: June Bonds are currently 14 higher at 148’19 and the 10 Yr. Notes 6 higher at 133’09.0. A half hearted endorsement of “quantitative easing” by the G20 over the weekend concerning recent activity by the Japanese could lead to similar actions by other European countries. Overnight the Chinese PMI was a bit disappointing but [...]

Continue Reading →