Coffee: Feature Trade of the Week

Written by Al Martin Monday, 25 April 2011 01:20

(4-24-11) In Friday trade, we saw the June US Treasury Long Bond contract close marginally higher, but continues to be a buy-on-dip trade down to the 120.24 area, as we had suggested in last week’s missive. We continue to look to trade the Bonds on the long side.

Read more: Coffee: Feature Trade of the Week

 

US Treasury Bonds Continue to Rally

Written by Al Martin Sunday, 17 April 2011 22:37

 (4-17-11) We continue to trade the June Long Bond contract on the long side on dips. We were buyers of the contract again on the close Thursday at 119.18  We were sellers of the contract in Friday’s trade, taking nearly one whole point out of the contract. Despite a seemingly growing bearish environment for Bonds, Treasury Bonds continue to rally. The Treasury Bonds are telling you that price declines in equities and commodities are coming.

Read more: US Treasury Bonds Continue to Rally

 

Gold Overbought; Silver Dragged Up by the Gold

Written by Al Martin Monday, 11 April 2011 01:51

alt(4-10-11) Last week’s light market action set up trading opportunities for the coming week. We saw the June Long Bond contract come down under good selling pressure in Thursday and Friday trade. We bought the contract when it came under 118.00 in Thursday overnight trade, selling the contract at 118.16 in Friday’s early session. We think the bonds are cheap down here and we look to trade them from the long side on a retest of the 117.28 area.

The June Dollar contract is coming down to approach fresh lows. However we think the contract is oversold at 75.00 and would be looking to trade the contract from the long side, as the Euro will pull back from recent ECB rate action inspired rallies.

Read more: Gold Overbought; Silver Dragged Up by the Gold

 

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

 

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