Market Soapbox Week Ending 01/04/08
MON, triple digit followthrough, DJIA -101 on thin volume with ugly internals. All DOWN. Bonds up 10 yr yield -5bps 4.03, $ up vs 1.4588E & down vs 111.685y, WTI up $96.24, gold down $838. TED spread down -14bps 1.46%
TUE, Market Closed, Happy New Year!
WEN, triple double slam, DJIA -221 on average volume with ugly internals. All DOWN cept XAU, XOI. Bonds up BIG 10 yr yield -12bps 3.91, $ down BIG vs 1.4726E & vs 109.586y, WTI up 3.5% $99.58, gold up 2.6% $860 TED spread down -3bps 1.43%
THU, split tape, DJIA +13 on average volume with ugly internals. All DOWN cept DJUA, NDX, XAU, XOI. Bonds up 10 yr yield -1bps 3.90, $ down vs 1.4744E & vs 109.22y, WTI down $99.22, gold up $868.4 TED spread flat 1.43%.
FRI, triple double slam, DJIA -257 on higher volume with devastating internals. All DOWN BIG cept DJUA. Bonds up 10 yr yield -3 bps 3.87, $ flat vs 1.4744E & down vs 108.6y, WTI down -1.3% $97.91, gold down $865.7. TED spread flat 1.43%
This week, DJIA -566, since 09/19/05 DJIA +2188. CRB commodities up 358.51 to 366.22
XAU up 176.33 to 186.23 & gold up 842.7 to 865.7. XOI down 1577.49 to 1525.45 & WTI up 96 to 97.91. Volatility VIX up 20.74 to 23.94.
TED Spread -16bps 1.59% to 1.43%; Dollar index down 76.10 to 75.925. $ down BIG vs Yen 112.285t o 108.6 & vs Euro 1.4724 to 1.4744
This week bonds up BIG. 30yr -22bps; 10yr -21bps, 5yr -31bps, 2yr -36bps, 6mo -21bps. 30 yr @ 4.38%; 10 yr @ 3.87; 5 yr @ 3.19; 2yr @ 2.75; 6 mo @ 3.21.
TUE, Market Closed, Happy New Year!
WEN, triple double slam, DJIA -221 on average volume with ugly internals. All DOWN cept XAU, XOI. Bonds up BIG 10 yr yield -12bps 3.91, $ down BIG vs 1.4726E & vs 109.586y, WTI up 3.5% $99.58, gold up 2.6% $860 TED spread down -3bps 1.43%
THU, split tape, DJIA +13 on average volume with ugly internals. All DOWN cept DJUA, NDX, XAU, XOI. Bonds up 10 yr yield -1bps 3.90, $ down vs 1.4744E & vs 109.22y, WTI down $99.22, gold up $868.4 TED spread flat 1.43%.
FRI, triple double slam, DJIA -257 on higher volume with devastating internals. All DOWN BIG cept DJUA. Bonds up 10 yr yield -3 bps 3.87, $ flat vs 1.4744E & down vs 108.6y, WTI down -1.3% $97.91, gold down $865.7. TED spread flat 1.43%
This week, DJIA -566, since 09/19/05 DJIA +2188. CRB commodities up 358.51 to 366.22
XAU up 176.33 to 186.23 & gold up 842.7 to 865.7. XOI down 1577.49 to 1525.45 & WTI up 96 to 97.91. Volatility VIX up 20.74 to 23.94.
TED Spread -16bps 1.59% to 1.43%; Dollar index down 76.10 to 75.925. $ down BIG vs Yen 112.285t o 108.6 & vs Euro 1.4724 to 1.4744
This week bonds up BIG. 30yr -22bps; 10yr -21bps, 5yr -31bps, 2yr -36bps, 6mo -21bps. 30 yr @ 4.38%; 10 yr @ 3.87; 5 yr @ 3.19; 2yr @ 2.75; 6 mo @ 3.21.
Comments