It was a relatively quiet day as prospects for a stimulus deal remained elusive while COVID cases increases. The NASDAQ closed nominally higher and the Dow nominally lower. Treasuries were ...

11 December, 2020

Tuesday a record $56 billion of the three-year Treasury note was auctioned. The demand was “poor,” falling 1.5 standard deviations below the one-year average according to Bloomberg. The Treasury is ...

09 December, 2020

Big technology companies advanced yesterday on hopes of a new stimulus package. Energy and financials declined on increased COVID cases. There was little response to the...

08 December, 2020

Equities led by energy and the financials advanced on nominally disappointing jobless data. Treasuries yields rose to the highest level in nine months and the dollar as well as the ...

07 December, 2020

November’s employment data is released at 8:30. Will the statistics continue to surprise on the upside as been the case in every month except one since the commencement of the pandemic. Perhaps more ...

04 December, 2020

Commodity Trading Advisors (CTAs), or managers that typically make money by riding trends in financial futures, are the next systemic “no risk” trading program that is now ...

01 December, 2020