Market Soapbox Week Ending 03/28/07
MON, followthrough, DJIA +187 on average volume with nice internals. All UP cept XAU, DJUA. Bonds crushed 10 yr yield +23bps 3.56. $ up vs 1.5418€ & vs 100.765y, WTI -1% $100.28, gold -1% $912.5 TED spread crunched -61bps 1.39
TUE, sideways, DJIA -16 on lower volume with OK internals. All UP cept DJUA, OEX, XOI. Bonds up 10 yr yield -6bps 3.50. $ down BIG vs 1.5642€ & vs 99.79y, WTI +1% $101.81, gold +3% $940.9 TED spread up +2bps 1.41%
WEN, triple digit doink, DJIA -110 on lower volume with ugly internals. All DOWN cept DJUA, XOI, XAU. Bonds up 10 yr yield -3bps 3.47, $ down vs 1.5855€ & down vs 99.07y, WTI +5% $106.13, gold +1.5% $954.2 TED spread flat 1.41%
THU, triple digit followthrough, DJIA -120 on lower volume with ugly internals. All DOWN cept DJUA. Bonds down 10 yr yield +5bps 3.52. $ up vs 1.5772€ & vs 99.74y, WTI +1% $107.22, gold down $954, TED spread down -1bps 1.40%.
FRI, more dip, DJIA -86 on tepid volume with horrible internals. ALL DOWN. Bonds up 10 yr yield -8bps 3.44. $ down vs 1.5796€ & vs 99.235y, WTI -1.8% $105.62, gold -1.8% $936.5, TED Spread down -7bps 1.33%
This week, DJIA -145, since 09/19/05 DJIA +1607. CRB commodities up 381.74 to 394.54
XAU up 172.01 to 180.27 & gold up 920 to 936.5. XOI up 1324.49 to 1334.07 & WTI up 101.84 to 105.62. Volatility VIX down 26.62 to 25.71
TED Spread down BIG 2% to 1.33%; Dollar index down 72.815 to 71.595. $ up vs Yen 99.44 to 99.235 & down BIG vs € 1.5414 to 1.5796
This week bonds down BIG. 30yr +15bps; 10yr +11bps, 5yr +14bps, 2yr +6bps, 6mo +32bps; 3mo +76bps.
30 yr @ 4.32%; 10 yr @ 3.44; 5 yr @ 2.51; 2yr @ 1.65; 6 mo @ 1.51; 3 mo @ 1.37
TUE, sideways, DJIA -16 on lower volume with OK internals. All UP cept DJUA, OEX, XOI. Bonds up 10 yr yield -6bps 3.50. $ down BIG vs 1.5642€ & vs 99.79y, WTI +1% $101.81, gold +3% $940.9 TED spread up +2bps 1.41%
WEN, triple digit doink, DJIA -110 on lower volume with ugly internals. All DOWN cept DJUA, XOI, XAU. Bonds up 10 yr yield -3bps 3.47, $ down vs 1.5855€ & down vs 99.07y, WTI +5% $106.13, gold +1.5% $954.2 TED spread flat 1.41%
THU, triple digit followthrough, DJIA -120 on lower volume with ugly internals. All DOWN cept DJUA. Bonds down 10 yr yield +5bps 3.52. $ up vs 1.5772€ & vs 99.74y, WTI +1% $107.22, gold down $954, TED spread down -1bps 1.40%.
FRI, more dip, DJIA -86 on tepid volume with horrible internals. ALL DOWN. Bonds up 10 yr yield -8bps 3.44. $ down vs 1.5796€ & vs 99.235y, WTI -1.8% $105.62, gold -1.8% $936.5, TED Spread down -7bps 1.33%
This week, DJIA -145, since 09/19/05 DJIA +1607. CRB commodities up 381.74 to 394.54
XAU up 172.01 to 180.27 & gold up 920 to 936.5. XOI up 1324.49 to 1334.07 & WTI up 101.84 to 105.62. Volatility VIX down 26.62 to 25.71
TED Spread down BIG 2% to 1.33%; Dollar index down 72.815 to 71.595. $ up vs Yen 99.44 to 99.235 & down BIG vs € 1.5414 to 1.5796
This week bonds down BIG. 30yr +15bps; 10yr +11bps, 5yr +14bps, 2yr +6bps, 6mo +32bps; 3mo +76bps.
30 yr @ 4.32%; 10 yr @ 3.44; 5 yr @ 2.51; 2yr @ 1.65; 6 mo @ 1.51; 3 mo @ 1.37
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