Market Soapbox Week Ending 03/21/08
MON, wavy gravy, DJIA +21 on higher volume with ugly internals. All DOWN cept DJUA. Bonds up BIG 10 yr yield -14bps 3.31. $ porked vs 1.5724€ & vs 97.47y, WTI -4% $106.18, gold up $1006.70 TED spread down -11bps 1.48%
TUE, DJIA +420 on higher volume with pretty internals. All UP BIG cept XAU. Bonds down BIG 10 yr yield +15bps 3.46. $ up BIG vs 1.5637€ & vs 99.785y, WTI +3% $109.05, gold down $1004.3 TED spread up BIG +18bps 1.66%
WEN, pfttt, DJIA -293 on higher volume with ugly internals. All DOWN BIG. Bonds up BIG 10 yr yield +12bps 3.34, $ up vs 1.5616€ & down vs 98.926y, WTI -4.5% $104.48, gold -6% $945.3 TED spread surged +37bps 2.03%
THU, support bounce, DJIA +262 on higher volume with nice internals. All UP cept XAU. Bonds up 10 yr yield -1bps 3.33. $ up BIG vs 1.5414€ & vs 99.44y, WTI -3% $101.84, gold -2.6% $920 TED spread down -3bps 2%.
Good Friday, Markets Closed
This week, DJIA +410, since 09/19/05 DJIA +1752. CRB commodities crushed 416.4 to 381.74
XAU down 206.37 to 172.01 & gold down 999.5 to 920. XOI up 1381.08 to 1324.49 & WTI down 110.14 to 101.84. Volatility VIX down 31.16 to 26.62
TED Spread up 1.59% to 2%; Dollar index up 71.61 to 72.815. $ up vs Yen 99.1 to 99.44 & vs € 1.5674 to 1.5414
This week bonds up BIG. 30yr -19bps; 10yr -12bps, 5yr -3bps, 2yr +10bps, 6mo -13bps; 3mo -60bps.
30 yr @ 4.17%; 10 yr @ 3.33; 5 yr @ 2.37; 2yr @ 1.59; 6 mo @ 1.19; 3 mo @ 0.61
TUE, DJIA +420 on higher volume with pretty internals. All UP BIG cept XAU. Bonds down BIG 10 yr yield +15bps 3.46. $ up BIG vs 1.5637€ & vs 99.785y, WTI +3% $109.05, gold down $1004.3 TED spread up BIG +18bps 1.66%
WEN, pfttt, DJIA -293 on higher volume with ugly internals. All DOWN BIG. Bonds up BIG 10 yr yield +12bps 3.34, $ up vs 1.5616€ & down vs 98.926y, WTI -4.5% $104.48, gold -6% $945.3 TED spread surged +37bps 2.03%
THU, support bounce, DJIA +262 on higher volume with nice internals. All UP cept XAU. Bonds up 10 yr yield -1bps 3.33. $ up BIG vs 1.5414€ & vs 99.44y, WTI -3% $101.84, gold -2.6% $920 TED spread down -3bps 2%.
Good Friday, Markets Closed
This week, DJIA +410, since 09/19/05 DJIA +1752. CRB commodities crushed 416.4 to 381.74
XAU down 206.37 to 172.01 & gold down 999.5 to 920. XOI up 1381.08 to 1324.49 & WTI down 110.14 to 101.84. Volatility VIX down 31.16 to 26.62
TED Spread up 1.59% to 2%; Dollar index up 71.61 to 72.815. $ up vs Yen 99.1 to 99.44 & vs € 1.5674 to 1.5414
This week bonds up BIG. 30yr -19bps; 10yr -12bps, 5yr -3bps, 2yr +10bps, 6mo -13bps; 3mo -60bps.
30 yr @ 4.17%; 10 yr @ 3.33; 5 yr @ 2.37; 2yr @ 1.59; 6 mo @ 1.19; 3 mo @ 0.61
Comments