March 2012
23 posts
Friday, March 30th
Today’s economic calendar:- 08:30 Personal Income and Outlays 09:45 Chicago PMI 09:55 Consumer Sentiment 10:15 Fed Outright Treasury Coupon Purchases up to $2.25 billion. Not much directional movement overnight, a high at 139’00 and a low at 138’20. The 30 minute trend chart remains bullish, and prices remain in the regression channel. Still expecing to see the gap on the...
Mar 30th
Thursday, March 29th
On today’s economic calendar:- 08:30 GDP (3.0%) and Jobless Claims (350K) and Corporate Profits 10:15 Fed Outright Treasury Coupon Sales up to $8.75 billion 11:00 Kansas City Fed Mfg Index 11:00 3 & 6 Month & 52 Week Bill Announcements 13:00 7 Year Note Auction 15:00 Farm Prices 16:30 Fed Balance Sheet and Money Supply Speaking today:- 12:15 Dennis Lockhart 12:45...
Mar 29th
Wednesday, March 8th
On the economic calendar:- 07:00 MBA Purchase Applications 08:30 Durable Goods Orders (Prior -3.7%, consensus 2,8%) 10:15 Fed Outright Treasury Coupon Purchases up to $5.25 billion 13:00 5 Year Note Auction Yesterday’s rally stalled overnight, while the market waits for this mornings Durable Goods numbers, release at 8.30. The 30 minute trend chart remains bullish, and will only...
Mar 28th
Tuesday, March 27
On the economic calendar:- 07:45 ICSC-Goldman Store Sales 08:55 Redbook 09:00 Case Shiller HPI 10:00 Consumer Confidence & Richmond Fed Mfg Index 10:15 Fed Outright Treasury Coupon Purchases up to $2.25 billion 11:30 4 Week Bill uction 13:00 2 Year Note Auction Speaking today:- 12:45 Ben Bernanke Treasury prices on the 30 minute chart have recently turned positive on a...
Mar 27th
Monday, March 26th
Today’s economic calendar:- 08:30 Chicago Fed Activity Index 10:00 Pending Home Sales Index 10:15 Fed Outright Treasury Coupon Sales up to $8.75 billion 10:30 Dallas Fed Mfg Survey 11:00 4 Week Bill Announcement 11:30 3 & 6 Month Bill Auctions Speaking today: 07:30 Charles Plosser 08:00 Ben Bernake Bond prices relatively quiet overnight, with a low of 136’14,...
Mar 26th
Friday, March 22nd
On today’s economic calendar:- 10:00 New Home Sales 10:15 Fed Outright Treasury Coupon Purchases up to $2.25 billion. Speaking today:- 13:45 Bernake 14:30 Lockhart 21:00 Bullard. The 30 minute trend chart remains bullish, and a close 136’20 is needed to flip this bearish.  Yesterday’s high of 137’13 is now a level of resistance, with the closest support at...
Mar 23rd
Thursday, March 22nd
On today’s economic calendar:- 08:30 Jobless Claims 10:00 Leading Indicators 10:15 Fed Outright Treasury Coupon Purchases up to $2.25 billion  11:00 3 & 6 Month Bill Announcements           2, 5 and 7 Year Note Announcements 13:00 10 Year TIPS Auction 16:30 Fed Balance Sheet and Money Supply Speaking today:- 10:00 Tarullo 12:45 Bernanke 16:00 Evans Treasury Bond...
Mar 22nd
Mar 21st
Wednesday, March 21st
On today’s economic calendar:- 07:00 MBA Purchase Applications 10:00 Existing Home Sales Speaking today: 09:30 Ben Bernanke Fed Treasury Outright Coupon Purchases up to $4.25 billion commencing at 10:15. Very little movement in overnight prices, the 30 minute trend chart remaining bearish. A close above 136’06 would turn this positive. Overhead resistance remains at...
Mar 21st
Tuesday, March 20th
On the economic calendar today:- 07:45 ICSC-Goldman Store Sales 08:30 Housing Starts 08:55 Redbook 11:30 4 Week Bill Auction Speaking today:- 12:45 Bernanke 17:30 Kocherlakota Fed Outright Treasury Coupon Purchases up to $2.25 billion commencing at 10:15 Prices rebounded overnight, but not enough to turn the 30 minute trend chart positive, that needs a close above 136’06.  ...
Mar 20th
Monday, March 19th
On the economic calendar:- 10:00 Housing Market Index 11:00 4 Week Bill Announcement 11:30 3 & 6 Month Bill Announcements Speaking today:- 07:30 Richard Fisher Fed Treasury Outright Coupon Purchases up to $5.25 billion commencing 10:15. Treasury bond prices recovered somewhat overnight, rising to a high of 137’00. (Friday’s close was at 136’14). This...
Mar 19th
Friday, March 16th
On the economic calendar today:- 08:30 CPI 09:15 Industrial Production 09:55 Consumer Sentiment Speaking today:- 15:00 Charles Evans Fed Outright  Coupon Sales up to $8.75 billion commencing at 10:15 Prices remained quiet overnight, and the 30 minute chart remained bearish. This will turn bullish on a close above 136’28.  The two nearest levels of support and resistance are support...
Mar 16th
Thursday, March 15th
On today’s economic calendar:- 08:30 Jobless Claims, PPI and Empire State Mfg Survey 09:00 Treasury International Capital 10:00 Philadelphia Fed Survey 11:00 3 & 6 Month Bill Announcements           10 Year TIPS Announcement 16:30 Fed Balance Sheet and Money Supply Fed Outright Treasury Coupon Purchases up to $4.25 billion commencing at 10:15. Overnight, 30 year bond prices...
Mar 15th
Mar 14th
3,748 notes
Wednesday, March 14th
On the economic calendar:- 07:00 MBA Purchase Applications 08:30 Import and Export Prices 13:00 30 Year Bond Auction Speaking today:- 09:00 Ben Bernanke Fed Outright Treasury Coupon Purchases up to $5.25 billion commencing at 10:15. Treasury prices continued their sell off from yesterday, with a new low being made at 137’27. The 30 minute trend chart will only turn bullish on a...
Mar 14th
Tuesday, March 13th
On the economic calendar:- 07:45 ICSC-Goldman Store Sales 08:30 Retail Sales 08:55 Redbook 10:00 Business Inventories 11:30 4 Week Bill Auction 13:00 10 Year Note Auction 14:15 FOMC Meeting Announcement No Fed intervention today. Prices continued yesterday afternoons sell off, and the 30 minute trend chart flipped bearish. Immediate points of interest are the gap at...
Mar 13th
Monday, March 11th
On today’s economic calendar:- 11:00: 4 Week Bill Announcement 11:30: 3 & 6 Month Bill Auctions 13:00: 3 Year Note Auction 14:00: Treasury Budget No Fed intervention today. Not much movement overnight, with the 30 minute trend chart remaining in a bearish formation:- Fridy’s settlement gap is at 140’10, and it is likely that this will be filled today. Support and...
Mar 12th
Friday, March 9th
On today’s economic calendar:- 08:30 NFP and International Trade 10:00 Wholesale Trade Fed Outright Treasury Coupon Sales up to $8.75 billion commencing 10:15. Overnight prices remained relatively stable ahead of this mornings employment number, with the short term trend remaining bearish. We have two immediate levels of support which we could expect to be tested/broken later this...
Mar 9th
Thursday, March 8th
On the economic calendar, we have:- 07:30 Challenger Jobs-Cut Report 08:30 Jobless Claims 10:00 Quarterly Services Index 11:00 3 & 6 Month Bill Announcements           3 & 10 Year Note Announcements           30 Year Bond Announcement 16:30 Fed Balance Sheet and Money Supply Fed Outright Treasury Coupon Purchases up to $5.25 billion commencing at 10:15. Treasury Bond prices...
Mar 8th
Wednesday, March 7th
On the economic calendar:- 07:00 MBA Purchase Applications 07:30 Challenger Job Cuts Report 08:15 ADP Employment Report 08:30 Productivity and Costs 15:00 Consumer Credit Fed Outright Treasury Coupon Purchases up to $2.25 billion commencing at 10:15 Bond prices remain in a bullish trend, and a break to the upside of the regression channel to the upside, should usher in higher prices. This...
Mar 7th
Tuesday, March 6th
On the economic front :- 07:45 ICSC-Goldman Store Sales 08:55 Redbook 11:30 4 & 52 Week Bill Auctions 15:00 Treasury Strips Fed Outright Treasury Coupon Purchases up to $4.25 billion commencing 10:15. Prices rebounded overnight after yesterdays sell off, and the 30 minute trend chart flipped to a bullish mode. A current close below  140’28, would reverse the position to a...
Mar 6th
Friday, March 2nd
No economic releases today, and on the speaking rounds we have Evans at 9:40 and Bullard tonight at 8:00pm. Fed Outright Treasury Coupon Purchases up to $2.25 billion beginning at 10:15am. Overnight activity fairly muted. The low closed yesterday’s settlement gap at 140’15. The 30 minute chart turns bullish on a close above 141’01. Currently, the price is 141’02. ...
Mar 2nd
Thursday, March 1st
On the economic calendar, we have:- 08:30 Jobless Claims and Personal Income/Outlays 10:00 ISM Mfg Index & Construction Spending 11:00 3 & 6 Month Bill Announcements          52 Week Bill Announcement 16:30 Fed Balance Sheet & Money Supply Fed Outright Treasury Coupon Sales of up to $8.75 billion beginning at 10:15. Speaking today:- 08:00 Pianalto 10:00 Bernake 10:30...
Mar 1st