Little change this morning in the futures. OF interest however is the 10 year yield ($TNX) is currently up 2.6%. We should see drop in prices of the TLT (and a gain in the TBT) this morning.
Other than that I am hard pressed to find anything of great interest this morning to report. We will have to see what the market has in store for us today without any significant news (good or bad) this morning.
But there is still some more news coming in 30 minutes :
10:00am Nov New Home Sales (last 433K, m/m -5.3%), Nov Existing Home Sales (last 4.98M, m/m last -3.1%), Oct House Price Index m/m (last -1.3%)
The S&P 500 E-Mini Futures Chart I posted last night remains the one to watch for now.
Recent Posts:
- Taxpayers to the Rescue of Afghanistan Banking Crisis?
- Economic Data and Earnings Schedule for September 2 2010
- Christina Romer Makes a Final Recommendation Before Leaving To Teach Keynesian Economics
- Homebuilder Hovnanian (HOV) Reports Dismal Quarter
- Auto Sales Data for August 2010
- Stock Market Rewind – September 1, 2010
More on this topic
(What's this?)
Bought TBT, No Plan Geitner, Minneapolis Fed Article
(A Slacker's Quest For His First ..., 2/10/09)
TBT UltraShort 20+ Year Treasury (36.70)
(, 12/23/08)
Treasury ETF’s - looking into the charts
(studentofmarkets.com, 1/4/09)
