Seeking Alpha

Yorkville Trading's  Instablog

Yorkville Trading
Send Message
Trader
  • Ignore The Noise 0 comments
    Jul 31, 2013 7:46 PM | about stocks: TLT, TMV

    It was another roller coaster day in bonds. We saw the Ultra bond futures make a new contract low after ADP and GDP hit the tape. Bonds did not rally until the Fed came out with their verbal therapy. It seems that ever since Ben started the taper talk, all the sell off's are data driven and all the rallies are jaw bone driven. That includes Hilsenrath and his ill-informed musings causing a massive rally back on June 13th. Thank goodness it seems the market learned its lesson form that one and hasn't paid him that much attention since then. His last prediction just turned out to be a bust today that's for sure. I definitely fall into the optimistic camp for the economy and I think the data as of late is there too. All we can do is look at the actual data points and ignore the noise...or at least try to!!

    Disclosure: I am long TMV.

    Stocks: TLT, TMV
Back To Yorkville Trading's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.