Overbought Grains Create Fresh Shorting Opportunities
Written by Al Martin Monday, 04 April 2011 00:16
(4-3-11) We bought the June Long Bond contract on the dip generated by the better unemployment numbers on Friday. Markets recovered, and we were able to take a quarter point out of the Bonds in late session trade. Despite the growing list of Bond naysayers, US Treasuries continue to be well bid. We continue to trade the contract from the long side on dips down to 119.20.
US Treasuries Finally Soften Late Week as Dollar Rallies
Written by Al Martin Sunday, 27 March 2011 22:11
(3-27-11) We turned short sellers of the June Long Bonds in Wednesday’s session, as the new pattern of highs being established early, followed by intra-day dips, continues. We think the bonds are headed down to 120 in Monday’s trade. Furthermore next week we also have fresh US Treasury supply. We would expect the Bonds to remain under pressure and we are now looking to short rallies.
Fresh Trading Opportunities As Japan and Libya Roil Global Markets
Written by Al Martin Sunday, 20 March 2011 21:21
(3-20-11) We saw the June US Treasury Long Bonds back down from their Wednesday highs. The fear bid which took the Bonds above 123 became exaggerated. We were consistent sellers of the Bonds at 122.24 -123.14 in Thursday’s session, covering on the dips back to 121.16 in Thursday’s overnight trade. We do think that the Bonds will probably back down for a retest of the 121.00 area. However Bonds continue to be a buy on dip trade.
Japanese Earthquake Unsettles Global Markets
Written by Al Martin Sunday, 13 March 2011 22:30
(3-13-11) After initial rallies, we saw the June US Treasury
Long Bond contract fall back in late session, as Japanese-inspired fear bids
began to ease. However we feel that this is a temporary phenomenon. We bought
the Bonds on Friday’s 120.05 close and would look to add to our position on any
further declines Sunday night.
Silver Still Oversold Relative to the Gold
Written by Al Martin Sunday, 06 March 2011 23:42
(3-6-11) Despite a growing bearish sentiment in the Treasury Bond market, we were nonetheless buyers of the June Bonds early Friday morning, as they backed off sharply on the better-an expected unemployment data. We bought the Bonds on our standing order at 118.08 and were sellers late session at 119.08, taking one whole point out of the contract. We see that once again the Bonds were able to establish a good close on Friday. We think the Bond naysayers are wrong.
Page 36 of 52«StartPrev31323334353637383940NextEnd»