Metals Blog Posts

Financials: June Bonds are currently 2 higher at 143’26 and the 10 Yr. Note 1 lower at 131’25.0. Treat as a trading affair between 143’00 and 146’0. We remain short the July Bond 141’00/147’00 strangle from the 68 point level. This strang...

Hello Fellow Traders, All the recent scandals emerging from Washington DC reminded me of a quote from the great economist Milton Friedman “If you put the federal government in charge of the Sahara Desert, in 5 years there would be a shortage of san...

Financials: June Bonds are currently 16 higher at 144’15 and the 10 Yr. Notes 6.5 higher at 132’02.0. For the moment we are looking at the Bonds as a trading affair between 143’00 and 146’00. On Friday we sold the July Bond 141’00/147’00...

Financials: June Bonds are currently 12 lower at 145’02 and the 10 Yr. Notes 3.5 lower at 132’11.5. Yesterday the Bonds rallied about 1’16 on disappointing ecominc reports: CPI was down 0.4% slightly lower than expectations of -0.3%. Jobless Cl...

Financials: June Bonds are currently 10 higher at 144’12 and the 10 Yr. Notes 4.5 higher at 131’27.5. PPI and Empire State manufacturing data came in weaker than expected ralying the Bonds about 10 points from just before the reports. Traders are...

Hello Fellow Traders, Three years ago the Tiger Woods trials and tribulations began when his indiscretions became public and he divorced from his beautiful blonde wife Elin Nordegren. For over two years Tiger lost his game, changed swing coaches, cha...

Financials: June Bonds are currently 7 higher at 144’27 and the 10 Yr. Notes 2 higher at 132’01.0 Since last Thursday’s constructive Jobless Claims Report we were stopped out of any remaining long positions from the 146’16 area when the marke...

Men’s ring is usually selected from a really sparse along with collection of practically identical wedding rings. But the a great deal more confidant man in today’s local community can take advantage of far more vivid patterns at the moment a...

Mens ring is usually selected from a really sparse along with collection of practically identical wedding rings. But the a great deal more confidant man in today’s local community can take advantage of far more vivid patterns at the moment avai...

Financials: June Bonds are currently 8 higher at 146’31 and the 10 Yr. Note 4.5 higher at 132’29.5. This morning’s Weekly Jobless Claims Report showed a decline of 4,000 vs. average expectations of an increase of 8,000. If you went long over th...

Financials: June Bonds are currently 2 lower at 146’14 and the 10 Yr. Note 1 lower at 132’20.5. Since last Friday’s Employment Report the Bonds have continued their slide falling an additional 1’00 after the immediate 1’07 point decline wit...

Sierra Metals Inc - SMT.v is a mid-tier Latin American precious and base metals producer. The Company owns and operates three mines in commercial production: the Yauricocha mine in Peru and the Bolivar and Cusi mines in Mexico. On Apri...

Financials: June Bonds are currently 1’07 lower at 147’31 and the 10 Yr. Note 15 lower at 133’05.5. The monthly Jobs Report showed an increase in non-farm payrolls of 165,000 vs. average expectations of 140,000. What was surprising was the drop...

Copper has recovered strongly today. MCX Copper has jumped 4.3 per cent and has been touch the levels of 390 at around 2 Pm. But now Copper is going below with slowly. Recently MCX Copper is trading near to 387.75, with in gain of 4 percent. &nb...

Financials: June Bonds are currently 15 higher at 148’27 and the 10 Yr. Notes 6.5 higher at 133’18.0. This mornings ADP private sector job survey showed a monthly increase of 119,000 jobs vs. expectations of an increase of 155,000, some what disa...

Hello Fellow Traders, Last week was quite an embarrassment for Reese “DON”T YOU KNOW WHO I AM “ Witherspoon. Did anyone out there have the same thought that I did on this. If I was worth, oh I don’t know, upwards of over 100 million or more a...

Financials: June Bonds are currently 4 higher at 149’00 and the 10 Yr. Notes 3 higher at 133’17.0. Positive results for an Italian 10 Yr. auction putting their rates at a recent low of 3.5% has added a bit of upward pressure on treasury prices. O...

Hello Fellow Traders, Our heartfelt sympathy and prayers go out to those who perished and all of the injured during the cowardly act last week at the marathon. Americans tend to band together during times like this and no better example of this is Ne...

Financials: June Bonds are currently 14 higher at 148’19 and the 10 Yr. Notes 6 higher at 133’09.0. A half hearted endorsement of “quantitative easing” by the G20 over the weekend concerning recent activity by the Japanese could lead to simil...

Financials: June Bonds are currently 5 lower at 148’09 and the 10 Yr. Note 1.5 lower at 133’03.0. As I mentioned in my last “Report” this market is looking for direction having been in a range of 147’00-148’00. The market has since broken...