The Nemenoff Report 9/15/11
Financials: Dec. Bonds are currently 1’08 lower at 139’03. At 8:00 (Chicago time) it was announced that there would be a coordinated effort by Major Central Banks (U.S., England, Japan, Swiss) to provide...
Read MoreFinancials: Dec. Bonds are currently 1’08 lower at 139’03. At 8:00 (Chicago time) it was announced that there would be a coordinated effort by Major Central Banks (U.S., England, Japan, Swiss) to provide...
Read MoreSpreads, an indication of where we have been, or where the market is going? Why not both? If you have followed my postings you are aware of my fascination with the September /December corn spread which widened to full carry. I...
Read MoreFinancials: Dec. Bonds are currently 9 lower at 139’29 and the 10 Yr. Note 3 lower at 130’03. Yields on the 10 Yr. remain near record lows just under 2.0%. This mornings Retail Sales Report showed no change from a...
Read MoreDJ CBOT Delivery Intentions: Totals – Sep 13 Contract Quantity Next Trade Commodity Month Delivery Day Assigned Today Date Available SOYBEAN OIL September Sep. 14, 2011 397 Sep 12, 2011 ROUGH RICE September Sep. 14, 2011...
Read MoreCOTTON General Comments: Futures traded lower initially in reaction to the USDA reports, but then recovered to close with small gains. The lack of movement implies that prices might be at a point where a range trade can develop....
Read MoreHello Fellow Traders, If you have had children within the last 15-20 years or even if you haven’t, I’m sure most of you are familiar with the lovable cartoon character SpongeBob SquarePants. Now comes a government...
Read MoreFinancials: Dec. bonds are currently 11 lower at 141’11 and the 10 Yr. Notes 2 lower at 130’17. I continue to remain on the sidelines, although I must admit that the temptation to buy the 10 Yr./ sell the 30 yr....
Read MoreCOTTON General Comments: Futures traded lower initially in reaction to the USDA reports, but then recovered to close with small gains. It was not much of a reaction to the USDA reports, and the lack of movement implied that...
Read MoreDJ CBOT Delivery Intentions: Totals – Sep 13 Contract Quantity Next Trade Commodity Month Delivery Day Assigned Today Date Available SOYBEAN OIL September Sep. 14, 2011 397 Sep 12, 2011 ROUGH RICE September Sep. 14, 2011...
Read MoreLook for me on CNBC Worldwide Exchange at 4:30 and 4:50am CST on Friday the 16th! ECONOMIC OVERVIEW The Swiss National Bank announced its intention to set a minimum exchange rate for the Swiss franc against the Euro at 1.20....
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