February 2012
18 posts
Tuesday, February 28th
Economic calendar quite full:- 07:45 ICSC-Goldman Store Sales 08:30 Durable Goods Orders 08:55 Redbook 09:00 Case-Shiller HPI 10:00 Consumer Confidence & Richmond Fed Mfg Index 11:30 4 Week Bill Auction Fed Outright Treasury Coupon Purchases up to $2 billion beginning 10:15 Chart wise, little to report. Rollover in progress. Remain in a short term uptrend, and within the...
Feb 28th
Monday, February 27th
Economic Calendar:- 10:00 Pending Home Sales Index 10:30 Dallas Fed Mfg Index 11:00 4 Week Bill Announcement 11:30 3 & 6 Month Bill Auctions Treasuries continued improving overnight, closing the gap at 143’18. This leaves us with two gaps, 145’02 and 145’18. These are unlikely to be filled on the March contract, as traders are rolling over to June contract. I...
Feb 27th
Very little economic news today:- 09:55 Consumer Sentiment 10:00 New Home Sales Fed Outright Treasury Coupon Purchases up to $2 billion beginning at 10:15. Chart wise, the 30 minute chart remains bullish, with prices in a well contained regression channel. A close below 142’00 would turn this bearish. Overnight activity was quiet, with a slight bullish trend. Opened at 142’13,...
Feb 24th
Thursday, February 23rd
A fairly active day on the economic front, with:- 08:30 Jobless Claims 10:00 FHFA Housing Index 11:00 Kansas City Fed Mfg Index 11:00 6 Month Bill Announcement 13:00 7 Year Note Auction 16:00 Fed Balance Sheet and Money Supply Fed’s Outright Treasury Coupon Sales for up to $8.75 billion at 13:15 est. The 30 minute trend following chart flipped positive yesterday on a close...
Feb 23rd
Wednesday, February 22nd
On the economic calendar, we have:- 07:00 MBA Purchase Applications 07:45 ICSC-Goldman Store Sales 08:55 Redbook 10:00 Existing Home Sales 11:30 4 Week Bill Auction 13:00 5 Year Note Auction Fed will be in the market, buying up to $2 billion at 10:15 this morning. Prices reasonably quiet overnight, with a high at the settlement close of 141’17, and a low at  141’00....
Feb 22nd
Friday, February 17th
2 items on the economic calendar this morning:- 08:30 CPI 10:00 LEI Fed is buying up to $5 billion between 10:15 and 11:00. Overnight, prices continued yesterdays sell off, with new lows being made at 141’27. This are should provide some support, if not, then we should see 140’25, which is the next support area. 30 minute chart turned bearish yesterday morning, and only...
Feb 17th
Feb 16th
1,088 notes
Thursday, February 16th
A busy slate of economic news to keep us busy today:- 08:30 Housing Starts, Jobless Claims and PPI 10:00 Philadelphia Fed Survey 11:00 3 & 6 Month Bill Announcements          2, 5 and 7 Year Note Announcements 13:00 30 Year TIPS Auction 16:30 Fed Balance Sheet and Money Supply. New York Fed purchases totaling $2 billion at 10:15. Speaking today:- 09:00 Ben Bernanke Not much...
Feb 16th
Wednesday, February 15th
Today’s economic calendar:- 07:00 MBA Purchase Applications 08:30 Empire State Mfg Survey 09:00 Treasury International Capital 09:15 Industrial Production 14:00 FOMC Minutes New York Fed selling $8.00 - $8.75 billion Treasury Coupons at 2:00 pm. Speaking today:- 09:15 Richard Fisher. Treasury bond prices remain on the bullish, using the 30 minute trend chart. Gaps are all over...
Feb 15th
Monday, February 13th
Very little economic news today:- 11:00 4 Week Bill Announcement 11:30 3 & 6 Month Bill Auctions. Overnight action was quiet. The 30 minute trend chart stays positive:- We have 2 immediate settlement gaps to fill. One on the downside at 141’17 and one on the upside at 142’25. The overnight lows held at the 50% retracement level, at 141’27.
Feb 13th
Friday, February 10th
On the economic front, we have the following:- 08:30 International Trade 09:55 Consumer Sentiment 14:00 Treasury Budget Speaking today:- 12:30 Bernake 12:50 Pianalto Price rose sharply overnight, continuing the late afternoon rally which was fueled by the 30 Year Auction results. Overnight low of 141’20, and a high of 142’26. The overnight low did not fill the settlement, so we...
Feb 10th
Thursday, February 9th
On the economic front, we have:- 08:30 Jobless Claims 10:00 Wholesale Trade 11:00 3 & 6 Month Bill Announcements          30 Year TIPS Announcement 13:00 30 Year Bond Auction 16:30 Fed Balance Sheet and Money Supply. New York Fed will be buying $4.25 - $5.00 billion Treasury Coupon’s from 10:15 till 11:00 this morning. Overnight trading was quite muted, with a high at...
Feb 9th
Wednesday, February 8th
Only item of interest for bond traders is the 10 Year Note Auction at 13:00. Speaking to day, we have Williams at 10:40. The daily chart shows that we are at an interesting juncture, where we can expect some resistance. The 30 minute chart indicates that 141’23 might be a potential turning point. 
Feb 8th
Tuesday, February 7th
Reasonably busy schedule today:- 07:45 ICSC-Goldman Store Sales 08:55 Redbook 11:30 4 & 52 Week Bill Auctions 13:00 3 Year Note Auction 15:00 Consumer Credit Speaking today:- 10:00 Ben Bernanke. Prices reasonably stable overnight with a slightly positive tone. A low of 142’29, and a high of 143’15. Yesterday failed to fill the gap at 142’13, prices fell to...
Feb 7th
Monday, February 6th
Very little economic news today:- 11:00 4 Week Bill Announcement 11:30 3 & 6 Month Bill Auctions 15:00 Treasury Strips Speaking today:- 12:15 Fisher. Reasonably quiet overnight, with a slightly positive bias. The short term trend is negative. A good trade would be to go short under today’s lows at 142’23 (entry at 142’22), with a 13 tick profit target and...
Feb 6th
Friday, February 3rd
Very little movement overnight, which is to be expected ahead of NFP later this morning. High of 144’26 and a low of 144’17.  Economic news for today:- 08:30 NFP 10:00 Factory Orders and ISM Non-Mfg Index. Expect volatility on the release of the NFP numbers, and some of the gaps on the 5 minute chart to be filled. We have 144’02 on the downside, and 145’02 and...
Feb 3rd
Thursday, February 12th
On today’s economic calendar:- 07:30 Challenger Job Cut Report 08:30 Jobless Claims & Productivity and Costs 11:00 3 & 6 Month Bill Announcements          53 Week Bill Announcement 16:30 Fed Balance Sheet & Money SupplySpeaking today:- 10:00 Bernanke Prices remained in a fairly tight pattern overnight with a low of 144’10 and a high of 144’30, set this...
Feb 2nd
Wednesday, February 1st
Yesterday’s price action resulted in yearly, and contract highs for the 30 Year Treasury Bond. In economic news we have a full day:- 07:00 MBA Purchase Applications 07:30 Challenger Jonb Cut Report 08:15 ADP Employment Report 09:00 Treasury Refunding Announcement          3 & 10 Year Note Announcements          30 Year Bond Announcement 10:00 ISM Mfg Index & Construction...
Feb 1st