Market Soapbox Week Ending 11/28/08
MON, followthrough DJIA +397 on high volume with sterling internals. All UP 5%+. Bonds down 10 yr +12bps 3.32%. $ down BIG vs E1.2894 & vs 96.78y, WTI +9% $54.64, gold +3% $818.12; TED Spread -10bps 2.05%; 3 mo Libor +1bps 2.17
TUE, split tape, DJIA +36 on higher volume with dismal internals. ALL up cept NDX, NAZ, SOXX. Bonds up BIG 10 yr -21bps 3.11%, $ down BIG vs E1.3046 & vs 95.3y, WTI -7% $50.77 gold up $820.5, TED spread +5bps 2.10%. 3mo Libor +3bps 2.2.
WEN, more head fake, DJIA +247 on average volume with sterling internals. All UP 3%+. Bonds up -13bps 10 yr 2.98, $ up vs E1.288 & down vs 95.45y, WTI +7% $54.44, gold -1% $811.3, TED spread +4bps 2.14%.; 3 mo Libor -2bps 2.18%
THU, Happy Thanksgiving Markets Closed
FRI, split tape, DJIA +102 on very thin volume with OK internals. All UP cept NDX, SOXX, XOI. Bonds up 10 yr -6bps 2.92%. $ up vs E1.2702 & vs 95.53y, WTI +1% $54.9, gold +1% $820.1; TED Spread +4bps 2.18%; 3 mo Libor +4bps 2.22
This week, DJIA +782, since 09/19/05 DJIA -1833. CRB commodities up 231.38 to 242.2
XAU up 88.8 to 101.59 & gold up 791.8 to 820.1; XOI up 855.87 to 968.23 & WTI up 49.93 to 54.9; Volatility VIX down 72.67 to 55.28
TED Spread +3bps 2.18%; 3 mo LIBOR +6bps 2.22%; Dollar index down 87.656 to 86.471; $ down vs Y95.938 to 95.53 & vs E1.2589 to 1.2702
This week bonds UP BIG.
30yr -25bps; 10yr -28bps, 5yr -12bps, 2yr -12bps, 6mo -3bps; 3mo +3bps.
30 yr @ 3.44%; 10 yr @ 2.92; 5 yr @ 1.91; 2yr @ 0.98; 6 mo @ 0.42; 3 mo @ 0.04
TUE, split tape, DJIA +36 on higher volume with dismal internals. ALL up cept NDX, NAZ, SOXX. Bonds up BIG 10 yr -21bps 3.11%, $ down BIG vs E1.3046 & vs 95.3y, WTI -7% $50.77 gold up $820.5, TED spread +5bps 2.10%. 3mo Libor +3bps 2.2.
WEN, more head fake, DJIA +247 on average volume with sterling internals. All UP 3%+. Bonds up -13bps 10 yr 2.98, $ up vs E1.288 & down vs 95.45y, WTI +7% $54.44, gold -1% $811.3, TED spread +4bps 2.14%.; 3 mo Libor -2bps 2.18%
THU, Happy Thanksgiving Markets Closed
FRI, split tape, DJIA +102 on very thin volume with OK internals. All UP cept NDX, SOXX, XOI. Bonds up 10 yr -6bps 2.92%. $ up vs E1.2702 & vs 95.53y, WTI +1% $54.9, gold +1% $820.1; TED Spread +4bps 2.18%; 3 mo Libor +4bps 2.22
This week, DJIA +782, since 09/19/05 DJIA -1833. CRB commodities up 231.38 to 242.2
XAU up 88.8 to 101.59 & gold up 791.8 to 820.1; XOI up 855.87 to 968.23 & WTI up 49.93 to 54.9; Volatility VIX down 72.67 to 55.28
TED Spread +3bps 2.18%; 3 mo LIBOR +6bps 2.22%; Dollar index down 87.656 to 86.471; $ down vs Y95.938 to 95.53 & vs E1.2589 to 1.2702
This week bonds UP BIG.
30yr -25bps; 10yr -28bps, 5yr -12bps, 2yr -12bps, 6mo -3bps; 3mo +3bps.
30 yr @ 3.44%; 10 yr @ 2.92; 5 yr @ 1.91; 2yr @ 0.98; 6 mo @ 0.42; 3 mo @ 0.04
Comments