December 2011
51 posts
Friday, December 30th
On tap today:-
15:00 Farm Prices.
Market closes at regular hours today. Today’s 30 minute chart:-
Today’s trading:-
08:00 Short at 144’12 with a 13 tick target.
December 29th, 2011
Economic News on tap:-
08:30 Jobless Claims
09:45 Chicago PMI
10:00 Pending Home Sales
11:30 3 & 6 Month Bill Annoncements
16:30 Fed Balance Sheet and Money Supply.
The 30 minute chart at the start of the day:-
December 28th
On tap today:-
07:00 MBA Mortgage Applications
07:45 ICSC-Goldman Store Sales
08:55 Redbook
11:30 4 Week Bill Auction
Here is the 30 year chart:-
Tuesday, December 26th
On tap today:-
07:45 ICSC-Goldman Store Sales
08:55 Redbook
09:00 Case Shiller
10:00 Consumer Confidence
11:00 4 Week Bill Announcement
11:30 3 & 6 Month Bill Auctions.
Trading opens at 6:00 am est. Here is the 30 minute chart:-
Friday, December 23rd
08:30 Durable Goods and Personal Income/Outlays.
10:00 New Home Sales.
Volume is so thin today, most probably best not to trade. Nevertheless, here is today’s 30 minute chart.
Trading for 12/22/2011
06:00 Long at 143’13. Out at 143’15 for +2 ticks.
06:10 Long at 143’12 - 21 tick trailing stop. Out at 143’25 for +13 ticks.
07:55 Long at 143’21 with a 9 tick target. Out at 143’23 for +2 ticks.
08:45 Long at 143’22 with a 9 tick collar. Out at 143’24 for +2 ticks.
10:10 Long at 143’26 with a 9 tick collar. Out at 143’28 for +2...
Thursday, December 22nd
08:50 GDP, Jobless Claims and Chicago Fed National Activity Index
09:55 Consumer Sentiment
10:00 LEI
11:00 3 & 6 Month Bill Announcements
16:30 Fed Balance Sheet and Money Supply.
30 minute chart at the start of the day remains slightly bullish.
Wednesday, December 21st
07:00 MBA Mortgage Applications
10:00 Existing Home Sales
13:00 7 Year Note Auction
30 minute chart at the start of the day:-
Trading for 12/20/2011
05:30 M30 Short at 145’19. Out at 145’15 for +4 ticks.
05:50 M5 Short at 145’15. Out at 145’15 - break even.
09:30 M30 Short at 145’10. Target met at 144’29 for +13 ticks.
10:55 M5 Short at 144’24. Target met at 144’15 for +9 ticks.
11:40 M5 Short at 144’14. Out at 144’11 for +3 ticks.
13:10 M5 Short at 144’09. Out at...
Tuesday, December 20th
07:45 ICSC-Goldman Store Sales
08:30 Housing Starts
08:55 Redbook
11:30 4 Week Bill Auction
13:00 5 Year Note Auction
Here is the 240 minute chart at the start of the day, 30 minute chart is on a sell signal.
Trading for 12/19/2011
06:00 M30 Short at 145’01. Out at 145’08 for (-7) ticks.
08:15 M5 Long at 145’09. Stopped out at 145’00 for (-9) ticks.
09:25 M5 Short at 145’04. Out at 145’05 for (-1) tick.
10:00 M30 Long at 145’13. Target met at 145’26 for +13 ticks
10:50 M5 Long at 145’15. Target met at 145’24 for +9 ticks.
13:15 M5 Long at 145’23. Target...
Monday, December 19th
10:00 Housing Market Index.
11:00 4 Week Bill Announcement.
11:30 3 & 6 Month Bill Auctions.
13:00 2 Year Note Auction.
Speaking today:-
13:15 Lacker.
Here is the 30 minute chart at the start of the day, which has just flipped bearish:-
Fox News - placing Ron Paul in second place when... →
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Last Tuesday, particle physicists at CERN did not announce that they had found the Higgs Boson particle. Nor did they announce that they had not found the Higgs Boson. Instead, what we got was an update on the state of the research. But it’s a really tantalizing update.
Trading for 12/16/2011
05:10 M5 Short at 143’30. Out at 144’01 for (-3) ticks.
06:55 M5 Long at 144’02. Out at 144’04 for +2 ticks.
08:25 M5 Short at 144’05. Out at 144’07 for (-2) ticks.
09:30 M30 Long at 144’19. Target met at 145’00 for +13 ticks.
09:45 M5 Long at 144’21. Target met at 144’30 for +9 ticks.
11:10 M5 Long at 145’03. Target met at...
Friday, December 16th
08:30 Consumer Price Index.
Today is Quadruple Witching.
Prices remain bearish overnight, and a close above 144’14 flips the 30 minute chart positive.
Trading for 12/15/2011
06:40 Long at 144’22 with a 9 tick collar. Out at 144’24 for +2 ticks.
07:50 Long at 144’18 with a 9 tick collar. Out for at 144’09 for -9 ticks.
09:30 Short at 143’28 with a 13 tick collar. Stopped out at 144’09 for -13 ticks.
10:45 Short at 144’12 with a 9 tick stop. Target met at 144’03 for +9 ticks.
11:31 Short at 144’10 with a stop at...
Thursday, December 15th
08:30 Jobless Claims, PPI, Empire State Mfg Survey & Current Account
09:00 Treasury International Capital
09:15 Industrial Production
10:00 Philadelphia Fed Survey
11:00 3 & 6 Month Bill Announcements
2, 5, & 7 Year Note Announcements
13:00 5 Year TIPS Auction
16:30 Fed Balance Sheet and Money Supply.
Bond Market fairly active overnight, with prices rising to the...
Trading for 12/13/2011
05:30 Long at 141’20 with a stop of 13 ticks. Sold at 141’23 for +3 ticks.
07:30 Long at 141’22 with a 13 tick stop.
07:35 Short at 141’23 with a 9 tick stop. Target met at 141’14 for +9 ticks.
08:15 Long at 141’18 with a 9 tick stop. Out at 141’15 for (-3) ticks.
9:05 Long at 141’15 with a 9 tick stop. Out at 141’16 for a tick.
Tuesday, December 13th
07:45 ICSC-Goldman Store Sales
08:30 Retail Sales
08:55 Redbook
10:00 Business Inventories
11:30 4 & 52 Week Bill Auctions
13:00 10 Year Note Auction
14:15 FOMC Meeting Minutes
Below is the 30 minute chart to start the day:-
Trading for 12/12/2011
05:30 Long at 141’24 with a stop at 142’16. Stopped out at 142’16 for (-8) ticks
07:55 Long at 141’20 with a 9 tick stop. Target met at 141’29 for +9 ticks.
09:00 Long at 141’26 with a 13 tick stop. Target met at 142’07 for +13 ticks.
11:20 Long at 142’00 with a 9 tick stop. Target met at 142’09 for +9 ticks.
12:00 Long at 142’06 with...
Monday, December 12th
11:00 4 Week Bill Announcement
11:30 3 & 6 Month Bill Auctions
13:00 3 Year Note Auction
14:00 Treasury Budget
30 minute chart at the start of the day
Trading for 12/09/2011
05:30 Short at 142’02 with a 13 tick stop. Stopped out at 143’15 for (-13) ticks.
07:45 Short at 142’09 with a 9 tick stop. Stopped out at 142’18 for (-9) ticks.
08:30 Long at 142’16 with a 13 tick stop. Stopped out for (-13) ticks.
Done for the day.
Friday, December 9th
08:30 International Trade
09:55 Consumer Sentiment
30 minute chart at the start of the day. Turns bearish on a close below 141’31.
and the chart has flipped bearish:-
Trading 12/08/2011
04:55 Sold at 141’18 with a 9 tick stop. Closed out at 141’16 for +2 ticks.
05:30 Short at 141’18 with a 13 tick stop. Covered at 141’05 for +13 ticks.
06:00 Bought at 141’20 with a 9 tick stop. Out at 141’16 for (-4) ticks. Wrong trade - should have gone long at 141’15, exited at 141’20, and shorted at 141’20. Chart below:-
07:25 Short at...
Thursday, December 8th
08:30 Jobless Claims
10:00 Wholesale Trade
11:00 3 & 6 Month Bill Announcements
52 Week Bill Announcement
3 Year Note Announcement
5 Year TIPS Announcement
10 Year Note Announcement
30 Year Bond Announcement
16:30 Fed Balance Sheet & Money Supply
Here is the 30 minute chart at the start of the day:-
Trading, 12/07/2011
05:20 short at 140’18 with a 9 tick stop. Out at 140’16 for +2 ticks.
06:30 long at 140’16 with a 13 tick stop. Out at 140’29 for +13 ticks.
07:00 long at 140’20 with a 9 tick stop. Out at 140’22 for +2 ticks.
07:50 long at 140’23 with a 9 tick stop. Out at 140’31 for +9 ticks.
08:45 Long at 141’00 for with a 9 tick stop. Out at...
Wednesday, December 7th
07:00 MBA Purchase Applications
10:00 Quarterly Services Survey
15:00 Consumer Credit
Speaking today:-
08:30 Bloom Raskin
Here is today’s 30 minute chart:-
Trading, 12/06/2011
07:00 short at 141’07 with a 9 tick stop. Stopped out at 141’16 for (-9) ticks.
08:30 long at 141’17 with a 9 tick stop. Stopped out at 141’08 for (-9) ticks.
08:55 short at 141’13 with a 9 tick stop. Exited at 141’12 for +1 tick.
09:45 long at 141’12 with a 9 tick stop. Out at 141’14 for +2 ticks.
10:20 sold at 141’16 with a 9 tick stop....
Tuesday, December 6th
07:45 ICSC-Goldman Store Sales
08:55 Redbook
11:30 4 Week Bill Auction
15:00 Treasury STRIPS
Speaking today:-
10:00 Tarullo
Here is the 30 minute chart to start the day:-
Trading for 12/05/2011
05:10 long at 141’04 with a 9 tick stop. Out at 141’07 for +3 ticks.
06:45 short at 141’01 with a 9 tick stop. Covered at 140’30 for +3 ticks.
08:00 long at 141’05 with a 13 tick stop. Stopped out at 140’24 for (-13).
08:10 short at 141’08 with a 9 tick stop. Out at 140’31 for +9 ticks.
08:30 short at 140’25 with a 9 tick stop. Out at...
Monday, December 5th
10:00 Factory Orders & ISM Non - Mfg Index
11:00 4 Week Bill Announcement
11:30 3 & 6 Month Bill Auctions
Speaking today:-
12:20 Evans
30 minute chart at the start of the day:-
Sunday, December 4th
Bonds opened slightly down, and then fell quite sharply. Wanted to sell at the open via 30 minute chart, but was a little too slow. Here is the chart, with some retracement levels:-
19:35 sold at 141’18 with a 9 tick stop. Covered at 141’16 for +2 ticks.
Trading for 12/02/2011
05:55 short at 140’18 with a 9 tick stop. Exited at 140’10 for +8 ticks.
06:00 long at 140’15 with a 13 tick stop. Exited at 140’13 for (-2) ticks.
07:10 bought at 140’13 with a 9 tick stop. Exited at 140’15 for +2 ticks.
08:35 long at 140’08 with a 9 tick stop. Sold at 140’17 for +9 ticks.
08:45 long at 140’22 with a 9 tick stop. Stopped...
Friday, December 2nd
08:30 NFP
Speaking today:-
08:00 Fisher
09:00 Plosser
13:30 Rosengren
Here is the 30 minute chart at the start of the day:-
Trading for12/01/2011
05:30 Sold at 141’00, with a 21 tick stop. Covered at 141’19 for +13 ticks.
06:10 Bought at 140’29 with a 9 tick stop. Exited at 141’00 for +3 ticks.
07:15 sold at 140’29 with a 9 tick stop. Covered at 140’20 for +9 ticks.
08:50 long at 140’11 with a 9 tick stop. Exited at 140’14 for +3 ticks.
09:50 short at 140’02 with a 9 tick stop....
