April 2012
20 posts
Monday, April 30th
On today’s economic calendar:- 08:30 Personal Income and Outylays 09:45 Chicago PMI 10:15 Fed Outright Treasury Coupon Purchases up to $2.00 billion 10:30 Dallas Fed Mfg Survey 11:30 3 & 6 Month Bill Auctions 15:00 Farm Prices Prices rallied overnight, and the 30 minute trend chart looks set to flip bullish. A close above 142’29 will achieve this. There is quite a bit...
Apr 30th
Apr 27th
1,406 notes
Friday, April 27th
On the economic calendar:- 08:30 GDP          Employment Cost Index 09:55 Consumer Sentiment 10:15 Fed Outright Treasury Coupon Sales up to $8.75 billion Treasury prices rallied sharply overnight on the Spain crisis, before pulling back at roughly 1:30 est. The 30 minute chart remains bullish, with a close needed below 142’18 to turn it bearish. Prices are at the bottom of the...
Apr 27th
Thursday, April 26th
On the economic calendar:- 08:30 Initial Jobless Claims (Consensus 373K - Prior 387K) 10:00 Pending Home Sales (Consensus 0.5% - Prior -0.5%) 10:15 Fed Outright Treasury Coupon Purchases up to $2.00 billion 11:00 Kansas City Fed Manufacturing Index          3 & 6 Month, & 52 Week Bill Announcements 13:00 7 Year Note Auction 16:30 Fed Balance Sheet and Money Supply Prices...
Apr 26th
Wednesday, April 25th
On the economic calendar:- 07:00 MBA Purchase Applications 08:30 Durable Goods Orders (Consensus -1.7% - Prior 2.4%) 11:30 5 Year Note Auction 12:30 FOMC Meeting Announcement (Consensus 0.25% - Prior 0.25%) 14:00 FOMC Forecasts 14:15 Chairman Press Conference The Fed is not intervening in the markets today, but all eyes remain on the Fed today. Prices drifted slightly lower overnight,...
Apr 25th
Tuesday, April 24th
On today’s economic calendar:- 07:45 ICSC-Goldman Store Sales 08:55 Redbook 09:00 Case-Shiller HPI (Consensus -3.4% - Prior -3.8%) 10:00 New Home Sales (Consensus 318K - Prior 313K)          Consumer Confidence (Consensus 69.5 - Prior 70.2)          Richmond Fed Manufacturing Index 10:15 Fed Outright Treasury Coupon Purchases up to $5.00 billion 11:30 4 Week Bill Auction ...
Apr 24th
Monday, April 23rd
Little in the way of economic news:- 10:15 Fed Treasury Outright Coupon Purchases up to $2.00 billion 11:00 4 Week Bill Announcement 11:30 3 & 6 Month Bill Auctions Prices rose sharply overnight turning the 30 minute trend chart bullish, and reaching the 1.618 extension level at 142’28. On the upside, there are no price resistance levels until 144’04, while...
Apr 23rd
Friday, April 20th
The economic calendar is clear for today, with only Fed involvement:- 10:15 Fed Outright Treasury Coupon Sales up to $8.75 billion. Treasury prices eased off overnight, after initially rising to fill the settlement gap at 142’07. The decline was not enough to turn the 30 minute trend bearish - however, a close below 141’23 will do so. Until this occurs, look to trade the long side. ...
Apr 20th
Thursday. April 19th
On today’s economic calendar:- 08:30 Initial Jobless Claims (Consensus 375K - Prior 380K)          Continuing Claims (Consensus 3275K - Prior 3251K) 10:00 Existing Home Sales (Consensus 4.62M - Prior 4.59M)          Philadelphia Fed Survey (Consensus 10.3 - Prior 12.5          LEI (Consensus 0.2% - Prior 0.7%) 10:15 Fed Outright Treasury Coupon Purchases up to $2.00 billion ...
Apr 19th
Wednesday, April 18th
Very little economic news today:- 07:00 MBA Purchase Applications 10:15  Fed Outright Treasury Coupon Sales up to $8.75 billion 13:15  Fed Outright Treasury Coupon Purchases up to $5.00 billion Treasury prices gained early in the morning, breaking out of the downward sloping regression channel, and seemingly ready to flip the 30 minute trend bullish. A close above 141’21 will accomplish...
Apr 18th
Tuesday, April 17th
In today’s economic calendar:- 07:45 ICSC-Goldman Store Sales 08:30 Housing Starts (Consensus 700K - Prior 698K) 08:55 Redbook 10:15 Fed Outright Treasury Coupon Purchases up to $2.00 billion 11:30 4 Week Bill Auction Bonds continued yesterday’s late afternoon retreat from the highs of 142’09, turning the 30 minute trend chart bearish, before posting a low of...
Apr 17th
Monday, April 17th
08:30 Retail Sales & Empire State Mfg Survey 09:00 Treasury International Capital 10:00 Business Inventories & Housing Market Index 10:15 Fed Outright Treasury Coupon Purchases up to $2.00 billion 11:00 4 Week Bill Announcement 11:30 3 & 6 Month Bill Auctions Speaking today:- 12:30 Sandra Pianalto 15:30 James Bullard Prices are at an interesting juncture. The short...
Apr 16th
Friday, April 13th
On the economic calendar:- 08:30 CPI (Consensus 0.3% - Prior 0.4%) 09:55 Consumer Confidence (Consensus 76.1 - Prior 76.2) 10:15 Fed Outright Treasury Coupon Purchases up to $2.00 billion Speaking today:- 08:00 William Dudley 13:00 Ben Bernanke Prices drifted higher overnight, flipping the 30 minute trend chart bullish. If this bullish trend is to be maintained, look to initial resistance...
Apr 13th
Apr 12th
2,512 notes
Thursday, April 12th
On today’s economic calendar:- 08:30 International Trade (Consensus -$53.0B - Prior -$52.5B)          Jobless Claims:- Initial (Consensus 355K - Prior 357K)                                 Continuing (Consensus 3350K - Prior 3338K)          PPI (Consensus 0.3% - Prior 0.4%) 10:15 Fed Outright Treasury Coupon Purchases up to $5.00 billion 11:00 3 and 6 Month Bill Announcements    ...
Apr 12th
Wednesday, April 11th
On today’s economic calendar:- 07:00 MBA Purchase Applications 08:30 Import and Export Prices 13:00 10 Year Note Auction 14:00 Beige Book and Treasury Budget Speaking today:- 08:20 Dennis Lockhart 10:30 Eric Rosengren 16:00 James Bullard Prices drifted lower overnight, and moments ago(8:00 am), the 30 minute trend chart flipped bearish. Prices are in a fairly well established...
Apr 11th
Wednesday, April 4th
On today’s economic calendar:- 07:00 MBA Purchase Applications 07:30 Challenger Job Cut Report 08:15 ADP Employment Report 10:00 ISM Non-manufacturing Index 10:15 Fed Outright Treasury Coupon Purchases up to $2.0 billion          Fed Outright Treasury Coupon Purchases up to $5.0 billion Speaking today:- 11:00 John Williams Prices rebounded overnight, after yesterday’s sell...
Apr 4th
Tuesday, April 3rd
In today’s economic calendar:- 07:45 ICSC-Goldman Store Sales 08:55 Redbook 10:00 Factory Orders 10:15 Fed Outright Treasury Coupon Purchases up to $1.5 billion 11:30 4 Week Bill Auction          52 Week Bill Auction 14:00 FOMC Minutes Speaking today:- 16:05 John Williams Treasury bond prices firmed overnight with a low at 137’29 and a high at 138’19. Prices are...
Apr 3rd
Apr 3rd
3 notes
Monday, April 2nd
On the economic calendar:- 10:00 ISM Mfg Index (Consensus - 53, prior - 52.4)          Construction Spending (Consensus - 0.5%, prior - (-0.1%) 10:15 Fed Outright Treasury Coupon Purchases up to $5.0 billion 11:00 4 Week Bill Announcement 11:30 3 & 6 Month Bill Auctions Speaking today:-  10:00 James Bullard 12:35 Sandra Pianalto Treasury prices firmed overnight, following...
Apr 2nd