Morning Audibles - 12.08.10

It was 20 30 years ago today... (may I introduce to you, the act you've known for all these years/With a Little Help From My Friends)...



LENNON WITH HOWARD COSELL (MNF 12/09/1974)

ANNOUNCED BY HOWARD COSELL (12/08/80)


MIND GAMES

INSTANT KARMA

WHATEVER GETS YOU THRU THE NIGHT

IMAGINE


211 comments:

«Oldest   ‹Older   201 – 211 of 211   Newer›   Newest»
karen said...

the nov closing high on spx was 1225.85
guess we are going to top that today.

Anonymous said...

anyone noticing that 'WikiLeaks' is the new, new "Goldstein" (ref. 1984)

(AP:NEW YORK) The website for MasterCard is back up after being inaccessible for much of Wednesday, likely the result of attacks by supporters of WikiLeaks.

MasterCard had pulled the plug on its relationship with the organization.

MasterCard says credit cards were not affected and account data has not been placed at risk.

By early afternoon, MasterCard's site was once again operational. But on its Twitter feed the group that claimed responsibility for the attacks appeared to be preparing for its next target, Visa.

Like MasterCard, Visa Inc. had also stopped processing donations to WikiLeaks on Tuesday. Visa says its site is functioning normally.
http://news.ino.com/headlines/?newsid=68974868617711

http://search.yippy.com/search?input-form=clusty-simple&v%3Asources=webplus&v%3Aproject=clusty&query=Goldstein+1984

AAIP

karen said...

Mark.. they are on to VISA now.. it's all over twitter.

VISA Website Crashes As Operation Payback Targets Credit Card Processor http://is.gd/ipj93

karen said...

if we thot today was something.. tomorrow will be something else! it will probably all be decided in the overnight.. but there are treasury auctions and econ data out tomorrow.. like jobless claims : )

karen said...

one more post and i'll quit for the day : )

http://www.forexlive.com/152496/all/forexlive-us-wrap-were-all-bond-traders-now

I-Man said...

Cant even get on V's site... LOL.

Its hard fighting truth...

A fixed income analyst to be named later said...

Who said bonds are boring...?

It has been a remarkable week, and it's only Wednesday. Sometimes the best thing one can do is to leave the building before it burns down. The carnage in Treasuries and total market bond funds has been something this week. Meanwhile, HY has been relatively untouched.

There may be some more downside to come in Treasuries, as there is a PPI number out next Tuesday that could be quite hot. Sell ahead of the PPI, buy on the CPI is a likely way this plays out. In any case, nobody is going charging in until we see tomorrow's auction of 30y Ts.

I-Man said...

As far as the bonds are concerned, I'd be looking to reload on that uptrend.

If you look at the long bond daily chart, it just looks like drift down to a 50% retrace.

This doesnt look like a meltdown in the bonds... that will come at some point, but not now.

If I were a macro cat, I'd be getting in bonds here, and probably be long a little USD, and some SPX, maybe a hair in one of the wild softs or grains. Screw the PMs for now, wait until they are puking to buy those.

Now, I will say that while the bid has been there on the ES/YM, it isnt the strong bid of The Hand, and there seems to be a bit of selling.

Longtimers banking gains into year end is what I'm thinking.

I really dont think it makes sense to fade equities here though. I think you'll get chopped.

Just ramblings...

I-Man said...

I dont trade bonds tho, and that chart looks a little hairier the more I look at it.

What do yall think of the aud?

Its looking strong to the I...

A fixed income analyst to be named later said...

A few Macro cats on a well known Macro blog are thinking it's time for the Long UST:Short Gold pairs trade about now.

A few old hands in FI trading have already been easing into TIP, usually bounces before the rest of the complex. Agree completely with this being purely a retrace of the monster move up prior to the QE2 setting sail. This is not a meltdown in bonds, any more than in 2009. Prices of more junky offerings have sailed along happily all week.

No need to rush, a lot of inwestors who own AGG, BND, LQD, MUB etc. have been burned these last two weeks and there will be some of them still heading for the exits, and the rate risk is not quite over yet. Next week's PPI could be a bit of a shocker, it contains a lot of embedded cumulative materials price increases at this point.

Completely neutral on equities, but a wary eye on China's activities tomorrow night. Shorting PMs and miners, anyone?

Anonymous said...

AUD could be kneecapped if China tightens.
AUDUSD charts looking as weak as the Aussie cricket team....

«Oldest ‹Older   201 – 211 of 211   Newer› Newest»

Post a Comment

Disclosure/Warning

This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.