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.

Read more: Overbought Grains Create Fresh Shorting Opportunities

 

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.

Read more: US Treasuries Finally Soften Late Week as Dollar 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.

Read more: Fresh Trading Opportunities As Japan and Libya Roil Global Markets

 

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.

Read more: Japanese Earthquake Unsettles Global Markets

 

Silver Still Oversold Relative to the Gold

Written by Al Martin Sunday, 06 March 2011 23:42

alt(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.

Read more: Silver Still Oversold Relative to the Gold

 

Page 36 of 52

«StartPrev31323334353637383940NextEnd»
Content Copyright © 2009
Insider Intelligence.
All Rights Reserved.
Design Copyright © 2009
Hostricity Web Hosting.