squark62

Bond Expert: Wednesday Outlook

"(I also apologize for what could be the longest sentence in the storied history of Across the Curve dot com.)"

made sense to me. -cheers!

The Treasury expects to borrow $276B in the fourth quarter - $209B lower than it estimated in August. The number compares to $393B borrowed in the third quarter, and an expected $478B for the first quarter of 2010. Today, Treasurys are moving lower: the 30-year yield now +0.04 to 4.27%; 10-year +0.04 to 3.42%; 5-year +0.02 to 2.33%; 2-year +0.02 to 0.92%.

$478B in Q1-2010? yikes!!! must be expecting the dollar to devalue even more?

Why You Shouldn't Hold Leveraged ETFs Long-Term

jim, type "levered ETF", "leveraged ETF" or "inverse ETF" in the search field. i don't believe there's been serious discourse about this topic here for 6 or 7 mons or more.

Bonds headed still higher, with the 30-year yield -0.10 to 4.24%; 10-year -0.10 to 3.39%; 5-year -0.12 to 2.32%; 2-year -0.08 to 0.90%. Dollar +0.7% against euro, +0.6% against pound, -1.5% against yen.

the bond market rally today is good for the market overall. folks are still putting money to work other than in money markets or savings accounts.

Nasdaq Breaks 50-DMA, S&P on the Brink

boo! that's what happened in june & july of this year! is it any different now? i don't think so yet.

Traders Intuition: Market Euphoria About to Come Crashing Down

about to meaning in 6 -10 more weeks. there's a scarcity in unrealized profits. that scarcity will be satisfied toward year end. soon after which is when to look for a "major" sell-off.

Wonder if the sudden plunge has anything to do with this: Richard Bove downgrades Wells Fargo (WFC) to Sell. WFC -3.6%. Dow -0.6%. S&P -0.5%. Nasdaq -0.3%.

yes!

Strategists have raised their S&P 500 price targets for year-end to an average of 1,050 - which is where the targets were at the beginning of the year, and is 3.8% below the current value.

they are liable to keep raising them...

Ugly trainwreck for T-Mobile (DT) Sidekick users, with Microsoft-owned subsidiary Danger (MSFT) saying the likelihood of customers getting their data (contacts, calendars, etc.) back is "extremely low." Cloud computing is only as good as its proprietors' redundancies, which in this case weren't very good at all.

cloud computing is a great concept with decent money-making potential. the infrastructure whoever still has a long way to go to make it viable for businesses to rely on.

Paul Krugman sees the difficult thaw in the credit market and wonders, if banks have such excess reserves, what's wrong with old-fashioned lending? Why does the Fed's policy answer seem to be to go back to shadow banking?

high unemployment levels is probably the biggest reason why banks aren't lending to the consumer. besides, we're saving at a rate well above recent norms. besides housing, there doesn't appear to be much of a market for consumer debt. also, if unemployment keeps growing, small business payrolls don't need to be floated unless their business is growing. not many small business growing gang busters right now. when unemployment & savings rates come in, consumer debt market will expand.

Bond Expert: Wednesday Wrap

good article as usual...

Treasurys are stepping up late in the day, with the 30-year yield now -0.08 to 3.99%; 10-year -0.08 to 3.18%; 5-year -0.08 to 2.16%; 2-year -0.05 to 0.86%. Euro -0.4% against dollar; yen +0.3%.

ironically another U.S. dollar devaluation trade. american debt is selling like hot cakes.

Why Keeping an Eye on Treasury ETFs Is Important

liquidity is important when buying ETFs. though i agree with the premise of this article, EDV lacks the liquidity of IEF for example. lack of liquidity widens bid/ask spreads and transaction efficiency at the least.

Average Bid Ask Ratio: 0.06% for IEF according SA
Average Bid Ask Ratio: 0.96% for EDV according SA

The Recovery Was Too Expensive

dude, plz don't start complaining already just cuz you've missed the rally.

Why Natural Gas ETFs Should See Big Gains This Week

not much trades on fundamentals (or technicals for that matter) in U.S. markets these days. natural gas is a short squeeze play right now. i'm long PBT with a big fat juicy dividend. ;-)