Bonds Continue to Move Higher as Gold Remains Range Bound

Written by Al Martin Monday, 20 April 2015 15:10

 (4-19-15) We had warned that the June Long Bonds would be coming back for a test of the recent highs at 166. In Friday’s trade, Bonds got back to a test of the 165.20 area. We had been long the Bonds from 164.06 and were able to sell on our standing orders at 165.07. We sold the Bonds away at 165.16 and that we believe Bonds are near-term overbought and need to pull back a half a point. However we continue to like the long side of the Bonds and believe that the 30-year US Treasury yield will come back down to tap the 2.48 per cent recent lows

Read more: Bonds Continue to Move Higher as Gold Remains Range Bound

 

Bonds Remain Cheap as Euros Move Lower in Line with Our Predictions

Written by Al Martin Monday, 13 April 2015 00:19

Normal 0 false false false MicrosoftInternetExplorer4

st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}

(4-12-15) The Long Bond contract, which we had bought on our standing order at 6304, we had sold at 6324 in Friday’s session. Although a full point on the long side of the trade was possible, late day back-off puts the Bonds back in the buying range. We would be looking to buy the Bonds again on a move down at 163.16 in Sunday night’s trade.

Read more: Bonds Remain Cheap as Euros Move Lower in Line with Our Predictions

 

Bonds Get Overextended Setting Up Good Short Selling Opportunity

Written by Al Martin Sunday, 05 April 2015 21:59

 (4-5-15) In our last week’s missive, we were buying the June Long Bond contracts which had been hit hard in last week’s end-of- quarter sell-off.  We kept scalping the Bonds from the long side up until early Thursday session, when the Bonds got above 166 representing a prime shorting opportunity.  We were out of our longs at our last lots at 165.28. We sold the Bonds short at 166, covering at 164.16, taking a point and a half out of the Bonds or $1500 per contract in Thursday’s close,

Read more: Bonds Get Overextended Setting Up Good Short Selling Opportunity

 

Stellar Opportunities in Bonds and Oil to Continue

Written by Al Martin Sunday, 29 March 2015 22:27

(3-29-15) On Thursday we put out an emergency buying recommendation on the June Bonds at 162.16, noting that fiscal-year end Bank of Japan selling of US Treasuries had artificially depressed the prices and that we expected a rebound in Friday’s trade. Indeed we saw that rebound with our standing sell orders at 164.08, having been filled in late edition trade. We would expect the Bonds to continue to recover back to the 165.08 area as the week progresses.

Read more: Stellar Opportunities in Bonds and Oil to Continue

 

Friday’s Euro Rally Prompts Short Covering Across the Boards

Written by Al Martin Sunday, 22 March 2015 23:05

(3-22-15) Friday’s rally in the Euro back to Wednesday’s highs, wherein we had first shorted the June Euros on our 1.0873 standing order, ultimately covering at 1.0597 in late Thursday trade. We were hit again on our one standing order at 1.0873 and are now short the June Euros once again. However Euro action prompted short covering rallies, particularly in the most heavily shorted complex – Copper, Silver, FCOJ, Cocoa, etc.

Read more: Friday’s Euro Rally Prompts Short Covering Across the Boards

 

Page 3 of 61

«StartPrev12345678910NextEnd»
Content Copyright © 2009
Insider Intelligence.
All Rights Reserved.
Design Copyright © 2009
Hostricity Web Hosting.