Currently viewing the tag: "The Nemenoff Report"

The Nemenoff Report 3/7/14

On March 7, 2014 - 9:16 AM By

Financials: June Bonds are currently 26 lower at 130’30 and the 10 Yr. Notes 17 lower at 123’15.0. Eurodollars are 2-5 lower depending on the contract month. This mornings Jobs Report showed an increase in non-farm payrolls of 175,000 vs. expectations of 135-150,000. The unemployment rate came in at 6.7% vs. expectations of 6.5%. I [...]

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The Nemenoff Report 3/5/14

On March 5, 2014 - 9:19 AM By

Financials: June Bonds are currently 5 lower at 132’08 and the 10 Yr. Note 5 lower at 124’05.5. The long 10 Yr. Note/short Bond spread is currently at 8’02 premium the Bonds. Eurodollars are slightly lower. The Bond market has been following Soviet troop movements, rallying sharply as troops neared Ukraine and Crimea and falling [...]

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The Nemenoff Report 3/3/14

On March 3, 2014 - 9:31 AM By

Financials: June Bonds are currently 22 higher at 133’24 and the 10 Yr. Note 12 higher at 124’29. The long 10 Yr. Note/short Bond spread is currently about 1’00 point against us at 8’27. The situation in the Ukraine has resulted in a flight to safety into U.S. trasuries over the last few sessions. For [...]

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The Nemenoff Report 2/28/14

On February 28, 2014 - 9:07 AM By

Financials: June Bonds are currently 9 lower at 132’27 and June 10 Yr. Notes 7.5 lower at 124’16.0. The long 10 Yr. Note/short Bond spread is currently at 8’10 premium the Bonds. Earlier in the week I recommended this spread at 7’27 or higher premium the Bonds and will hold the position for the near [...]

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The Nemenoff Report 2/26/14

On February 26, 2014 - 8:46 AM By

Financials: Mar. Bonds are currently 3 lower at 133’17 and the 10 Yr. Notes 3 lower at 125’23.5. Eurodollars are steady to fractionally lower. The long 10 Yr. Note/ short Bond spread is currently trading at 7’25 premium the Bonds and has been in a range of 7’23-7’28 over the last 24 hours. I am [...]

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The Nemenoff Report 2/24/14

On February 24, 2014 - 9:30 AM By

Financials: Mar. Bonds are currently 3 lower at 133’0 and the 10 Yr. Notes 3 lower at 125’16.5. Eurodollars are slightly lower. I am still awaiting an opportunity to do the long 10 Yr. Note/ short Bond spread at 7’27 premium the Bonds which is currently trading at 7’17. We remain short Eurodollar futures and/or [...]

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The Nemenoff Report 2/20/14

On February 20, 2014 - 9:27 AM By

Financials: Mar. Bonds are currently 1 higher at 133’00 and the 10 Yr. Notes 2.5 lower at 125’21.0. Eurodollars are fractionally lower. This mornings weekly jobless claims were down by 3,000 in line with expectations. CPI came in as expected up 0.1%. Yesterday’s release of Jan. FOMC minutes indicated that the unemployment rate although still [...]

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The Nemenoff Report 2/19/14

On February 19, 2014 - 9:19 AM By

Financials: Mar. Bonds are currently 12 higher at 133’22 and the 10 Yr. Notes 7 higher at 126’05.5. Eurodollars are 1-2 higher depending on the contract month. Building permits were down 5.4%, Jan. Housing Starts were down 16.0% vs. expectations of down 4.9% and PPI up +0.2% vs. expectations of 0.1%. I am still on [...]

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The Nemenoff Report 2/18/14

On February 18, 2014 - 9:17 AM By

Financials: Mar. Bonds are currently 10 higher at 133’07 and the 10 Yr. Note 6 higher at 125’25.5. Eurodollars are steady. The long 10 Yr. Note/short Bond spread is currently trading at 7’13 premium the Bonds. I am looking to re-instate this spread at 7’27 premium the Bonds if the opporunity arises. We remain short [...]

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The Nemenoff Report 2/14/14

On February 14, 2014 - 9:28 AM By

Financials: Mar. Bonds are currently 2 higher at 133’02 and the 10 Yr. Notes unchanged at 125’24.0. Eurodollars are steady. The long 10 Yr. Note/short Bond spread is trading at 7’10 premium the Bonds. If you remain in this spread I would be inclined to stay the course looking for profit taking opportunities. January Import [...]

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The Nemenoff Report 2/13/14

On February 13, 2014 - 9:08 AM By

Financials: Mar. Bonds are currently 23 higher at 132’31 and the 10 Yr. Notes 13 higher at 125’21.5. The long 10 Yr. Note/short Bond spread is currently trading at 7’09 premium the Bonds. This morning’s Weekly Jobless Claims report showed an increase of 8,000 vs. expectations of a drop of 1,000. Retail Sales dropped 0.4% [...]

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The Nemenoff Report 2/12/14

On February 12, 2014 - 11:45 AM By

Financials: Mar. Bonds are currently 21 lower at 132’06 and the 10 Yr. Note 11 lower at 125’08. The long 10 Yr. Note/short Bond spread is currently at 6’31 premium the bonds just below my first target of 7’00 premium the Bonds. This may be a profit taking opportunity for the short term. Eurodollars are [...]

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