Currently viewing the tag: "The Nemenoff Report"

Financials: Sept. Bonds are currently 12 higher at 139’27, 10 Yr. Notes 5.5 higher at 126’10 and the 5 Yr. Note 2.5 higher at 119’28.2. Weekly Jobless Claims were up by 21,000 vs. expectations of an increase of 5,000. The long 10 Yr./short Bond spread is currently at 13’16 (we are still in this trade) [...]

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Financials: Sept. Bonds are currently 4 lower at 139’09, 10 Yr. Notes 1 lower at 125’28.5 and 5 Yr. Notes unchanged at 119’19. We remain spread long 10 Yr./short Bonds with about at 32 point loss ($1,000.00). By Friday this spread should move one way or another after the weekly jobless claims report, business inventories, [...]

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Financials: Sept. Bonds are currently 3 lower at 139’10, 10 Yr. Notes 2 lower at 125’29 and 5 Yr. Notes 0.5 lower at 119’19.0. These markets have been quite volatile (Bonds rallied as high as 140’11 on Friday) as the markets flip-flopped on every bit of news concerning Russia-Ukraine, Iraq, Israel-Gaza hit the market. Yields [...]

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Financials: Sept. Bonds are curretly 20 higher at 139’00, 10 Yr. Notes 11 higher at 125’23.5 and 5 Yr. Notes 6 higher at 119’16.5. Renewed tensions between Russia and Ukraine and Italy’s falling back into a recession has put the market into a “risk off” position. The long 10 Yr./short Bond spread is currently at [...]

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Financials: Sept. Bonds are currently 28 lower at 136’20, 10 Yr. Notes 10 lower at 124’11 and 5 Yr. Notes 5 lower at 118’21. Weekly Jobless Claims this morning were in the range of expectations being up by 23,000. Yesterday the FOMC left rates unchanged, continued paring the monthly purchase of Bonds and mortgage backed [...]

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Financials: Sept. Bonds are currently 16 lower at 138’14, 10 Yr. Notes 13 lower at 124’31 and 5 Yr. Notes 9 lower at 118’28’. GDP for 2nd quarter was up 4.0% better than the expected +3.0%. 1st quarter was revised to -2.1%. ADP private sector jobs report showed an estimated increase of 218K vs. a [...]

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Financials: Sept. Bonds are currently 6 lower at 138’`5, 10 Yr. Notes 4 lower at 125’05 and 5 Yr. Notes 2.5 lower at 119’03. This will be a busy week for release of economic data, the most important of which will GDP on Wed., FOMC on Wed. and the Monthly Jobs Report on Fri. I [...]

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Financials: Sept. Bonds are currently 14 higher at 138’10, 10 Yr. Notes 3.5 higher at 125’05 and 5 Yr. Notes 1.2 higher at 119’02.7. Yesterday’s positive weekly Jobless Claims number (20,000 less than expected) took the Bonds down to the 137’28 level (Thurs. close) only to rally partially back to present levels after the release [...]

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Financials: Sept. Bonds are currently 5 higher at 138’23, 10 Yr. Notes 3 higher at 125’16 and the 5 Yr. Notes 2.5 higher at 119’10.2. Lack of any news or relief of Global tensions are keeping these markets in a tight range for the moment. We remain soread long 10 YR. Notes/short Bonds from the [...]

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Financials: Sept. Bonds are currently 8 higher at 138’10, 10 Yr. Notes 1 higher at 125’10.5 and 5 Yr. Notes 0.5 lower at 119’05.5. Global tensions (Ukraine, Israel, Iraq, etc.) are providing underlying support to these markets at the moment. On Friday recommended the long 10 Yr./short Bond spread around the 12’16 area and once [...]

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Financials: Sept. Bonds are currently 1 higher at 136’30, 10 Yr. Notes unchanged at 124’31 and 5 Yr. Notes fractionally lower at 119’05.7. Retail sales this morning were slightly disappointing rising 0.2% vs. average expectations of an increase of 0.6%. NY Fed Manufacturing Index was better than expected at 25.6 vs. June’s 19.28. The result [...]

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Financials: Sept. Bonds are currently 24 higher at 137’22, 10 Year Notes 15 higher at 125’14 and 5 Yr. Notes 10.5 higher at 119’15.5. Eurodollar futures are 2-8 higher with deferred contracts out pacing nearby contracts. Concerns over a possible failure of Portugal’s Banco Espirito Santo and renewed Mid-East tensions have pushed these markets higher [...]

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