Five Hundred Words 12/05/2018

China and Trump and America and trade wars, etc.

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Five Hundred Words 11/30/2018

Friday, November 30, 2018 Daily Writing 10:14 AM Today is the final trading day of November.  Yesterday we exited our short US 10-year Treasury position as it is becoming clear that yields are struggling to keep their head over the 3.00% support level.  Although the historical volatility of the PST exchange-traded instrument was within a… Continue reading Five Hundred Words 11/30/2018

Five Hundred Words 11/15/2018

Thursday, November 15, 2018 Daily Writing 9:44 AM GBP/USD is trading much lower today amid Brexit negotiations which seem to be getting nowhere. US treasury yields are also ticking lower today as investors move into more secure assets.  Volatility is not moving too much, and aside from the elevated CBOE put/call index from the start… Continue reading Five Hundred Words 11/15/2018

Five Hundred Words 11/13/2018

Tuesday, November 13, 2018 Daily Writing 9:44 AM The yield on the 10-year Japanese government bond currently sits at 0.10%.  Who buys Japanese bonds?  How is it possible for yields to move lower or even be negative? Oil is down more than 7.00% today.  What is the cause of this? 4:59 PM There isn’t really… Continue reading Five Hundred Words 11/13/2018

Five Hundred Words 11/09/2018

Friday, November 9, 2018 Daily Writing 1:05 PM Markets are down today overall.  The question is whether the past week was a false breakout to the upside or if will see continued momentum higher toward the end of the year.  The price of crude oil continues to drop as we are now retesting February lows. … Continue reading Five Hundred Words 11/09/2018