f4f
翠鸟科
brava bene bis ferny
oggi bank holiday in US quindi i volumi saranno bassi, stessa festa qui ma niente vacanza , stakanovisti del ka
goooood morning bbbanda
Derivati USA: CME-CBOT-NYMEX-ICE BUND, TBOND and the middle of the guado (VM 69) (2 lettori)
- Creatore Discussione masgui
- Data di Inizio
goooood morning bbbanda
gipa69
collegio dei patafisici
f4f
翠鸟科
quicksilver
Forumer storico
[FONT=Arial, Helvetica, sans-serif]Sector ETFs At A Critical Juncture[/FONT]
[FONT=Arial, Helvetica, sans-serif]Commentary: A moving average may be the single most popular indicator used on stock charts. One of the reasons traders rely on moving averages is because they do a great job of smoothing out the daily fluctuations in price and presenting a visual representation of a stock's trend. Basically, a moving average is the average price of a stock over a specified number of trading days. While there are many values and combinations that traders can use, some of the most common values used are the 20-, 50-, and 200-day moving averages. These three averages offer a basic way to assess a stock's short, intermediate and longer term trend. Traders should pay particular attention to a moving average's slope and its position relative to other moving averages. When a faster moving average is above a slower moving average, it reveals that a stocks trend has been higher in the near term than over the longer term average. While it may seem that a simple technique like this would offer limited value, often simply trading in the direction of the moving averages will significantly improve a trader's odds.
One set of values a trader can use is to watch for stocks where the 20-day moving average is below the 50-day moving average. When this situation occurs it signals a stock whose average price over the past month (20 trading days) is below the average price over the past two and a half months. This means that on average, any trader who established a position over the past two months will be underwater on the trade. Often, the initial cross of the 20-day moving average below the 50-day moving average will provide a warning signal that a stock is rolling over into a correction or downtrend. While the majority of the market indexes remain in healthy uptrends, some of the individual sectors are showing some weakness, with the 20-day moving averages crossing down below the 50-day moving average.
The Financial Select Sector SPDR (NYSE:XLF) ETF is an example of a sector ETF that has started to show some weakness and has its 20-day moving average crossing below the 50. XLF broke under its 50-day moving average about a month ago, and has been consolidating underneath the average, with very little progress. Often, a stock will resume the breakdown when the moving averages catch up to the trading price. One thing to keep in mind is that the crossover is not a magic signal to short a stock; in fact, the last crossover in XLF back in July signaled a decent buying opportunity. However, it does show objectively that a stock is experiencing weakness, and as such should be monitored.
[/FONT][FONT=Arial, Helvetica, sans-serif]
Semiconductors HOLDRs (NYSE:SMH) is another ETF that recently broke under its 50-day moving average and under a recent base. It is about to cross the 20- and 50-day moving averages as well, just as SMH bounces back into this resistance area. The semiconductors were leading the markets for much of the summer. They have now set a lower low, and are in danger of failing on this bounce higher. One key level to watch is to see if SMH can close back above its 50-day moving average and begin to consolidate above this level. This would eventually negate the negative crossover, and possibly set up a bear trap.
[/FONT][FONT=Arial, Helvetica, sans-serif]
Utilities Select Sector SPDR (NYSE:XLU) is another ETF that has the 20-day moving average crossing below the 50. It is also in the process of bouncing back into this moving average cluster after testing a major support level near $28. The key level to watch here is how XLU deals with the moving averages as resistance, as a move back above the cluster could be a sign of strength. However, if XLU rolls over in this area, it could be a prelude to a much larger breakdown.
[/FONT][FONT=Arial, Helvetica, sans-serif]
The iShares Dow Jones Transportation Average (NYSE:IYT) is another example of an ETF bouncing back into resistance formed by the 20-day moving average crossing below the 50-day moving average. IYT also set a lower low in the recent pullback in early November, which hints at weakness. IYT is currently at a critical juncture, and needs to hold up in this area in order to avoid a failure and possibly setting a lower high.
[/FONT][FONT=Arial, Helvetica, sans-serif]
Bottom Line
While a moving average crossover is not a magic signal to enter a trade, it does offer an objective view into the trend of a stock. It is worth paying attention to the direction, slope and order of the moving averages, as it not only measures the average price of a stock, but the behavior of traders. When a cluster of moving averages is headed lower, it often signals that traders are selling into rallies, and thus the moving averages can act as resistance. With several sector ETFs in this situation, it bears watching to see how they react at these critical levels. The result could not only offer a good trading opportunity, but also a clue into the next move for the markets.
[/FONT]
[FONT=Arial, Helvetica, sans-serif]Have a Great Day!
By Joey Fundora
[/FONT]
[/FONT]
quicksilver
Forumer storico
interessante, su come funzionano le cose nel mondo delle imprese in cina
Newsmercati: Consigli utili a presidiare il business in Cina
Newsmercati: Consigli utili a presidiare il business in Cina
Fleursdumal
फूल की बुराई
tra un pò l'ultima asta record miliardaria merikana della settimana stavolta sul Bronx
dall'articolo possiamo prendere il titolo del tredd novello a venire no end in sight
Treasuries Gain as Stocks Fluctuate, 30-Year Auction Looms
http://www.bloomberg.com/apps/news?pid=20602007&sid=a1Gsjc9w35Z8#
By Cordell Eddings and Susanne Walker
Nov. 12 (Bloomberg) -- Treasuries rose as U.S. stocks fluctuated and as the U.S. prepared to sell a record $16 billion of 30-year bonds, the final of this week’s three auctions totaling $81 billion.
The difference between two- and 30-year yields was at 3.56 percentage points, the most since July, and up from 1.91 percentage points on Dec. 31. Yields on long-term bonds rose this year as the U.S. increased debt sales, while shorter-term notes are anchored by the Federal Reserve’s record-low rate.
“The auction will be the focus,” said Paul Horrmann, a broker in Jersey City, New Jersey, at ICAP Plc, the world’s largest inter-dealer broker. “Until then the market will be a grind. The steepness of the curve may draw some sponsorship to the 30-year auction.”
The 10-year note yield fell three basis points, or 0.03 percentage point, to 3.47 percent at 10:17 a.m. in New York, according to BGCantor Market Data. The 3.375 percent security maturing in November 2019 rose 7/32, or $2.19 per $1,000 face amount, to 99 1/4.
Yields on debt maturing in 30 years fell one basis point to 4.40 percent. The bonds scheduled for sale today yielded 4.39 percent in pre-auction trading.
‘Buyers Back’
“Higher rates and a steeper curve will bring the buyers back in today,” William O’Donnell, U.S. government bond strategist at RBS Securities Inc. in Stamford, Connecticut, wrote in a note to clients. The firm is one of 18 primary dealers required to bid at Treasury auctions. “The steepening in 2-30s and 5’s-30s curves is overdone and ripe for a correction flattening.”
The Standard & Poor’s 500 Index rose as much as 0.3 percent and declined as much as 0.4 percent. The gauge of U.S. stocks has rebounded 62 percent from a 12-year low in March.
Fed Bank of Dallas President Richard Fisher said Nov. 10 that U.S. interest rates remain “appropriate” as economic growth and inflation may persist below ideal levels into 2011.
The Fed cut its target for overnight loans to a range of zero to 0.25 percent in December. It reiterated its pledge to keep borrowing costs at a record low for an “extended period” in a statement last week.
“We are trading at higher yields, which could stimulate some interest in the auction, especially from absolute return investors,” said Guy Lebas, chief fixed-income strategist and economist at Janney Montgomery Scott LLC in Philadelphia. “The markets believe the Fed when they say ‘extended period,’ so the curve may offer some value further out.”
Financial Crisis
The financial crisis, which started with the collapse of the U.S. property market in 2007, has triggered $1.67 trillion of writedowns and credit losses at banks and other financial institutions and sent the global economy into its first recession since World War II, according to data compiled by Bloomberg.
While trading of Treasuries was closed yesterday for Veterans Day in the U.S., government bonds rallied in the U.K. after Bank of England Governor Mervyn King said inflation will probably stay below the central bank’s 2 percent target.
Investors bid for 2.37 times the amount of 30-year bonds on offer at last month’s auction, versus an average of 2.39 times for the past 10 sales. Indirect bidders, which include foreign central banks, purchased 34.5 percent of the debt last month, versus the 10-sale average of 40.3 percent.
The government sold $40 billion of three-year notes and $25 billion of 10-year debt earlier this week, both records, as President Barack Obama borrows unprecedented amounts to fund stimulus programs. U.S. marketable debt totals $6.95 trillion and reached $7.01 trillion in September, the most ever.
‘No End in Sight’
Treasury officials on Nov. 4 announced a long-term target of six to seven years for the average maturity of government debt. The average maturity is currently about 53 months, according to Treasury data, below the historical average of about five years.
Sales of coupon-bearing Treasuries will increase to $2.38 trillion in the fiscal year that began Oct. 1, from $1.81 trillion in the prior 12 months, primary dealer Goldman Sachs Group Inc. said in a report on Oct. 20.
The amounts are making some investors say today’s gains won’t last.
“There’s no end to the Treasury sales in sight,” said Tsutomu Komiya, an investor in Tokyo at Daiwa Asset Management Co., which oversees $77 billion as part of Japan’s second- largest brokerage. “Supply will send bond yields higher.”
Ten-year yields will rise to 4 percent by the end of 2010, he said. A Bloomberg survey of banks and securities companies projects the figure will be 4.22 percent, with the most recent forecasts given the heaviest weightings.
The increase in long-term yields means bonds are lagging behind shorter securities.
Two-year notes returned 1.4 percent in 2009, while 10-year securities handed investors a 7.4 percent loss and 30-year bonds tumbled almost 24 percent, based on indexes compiled by Merrill Lynch.
dall'articolo possiamo prendere il titolo del tredd novello a venire
no end in sightTreasuries Gain as Stocks Fluctuate, 30-Year Auction Looms
http://www.bloomberg.com/apps/news?pid=20602007&sid=a1Gsjc9w35Z8#
By Cordell Eddings and Susanne Walker
Nov. 12 (Bloomberg) -- Treasuries rose as U.S. stocks fluctuated and as the U.S. prepared to sell a record $16 billion of 30-year bonds, the final of this week’s three auctions totaling $81 billion.
The difference between two- and 30-year yields was at 3.56 percentage points, the most since July, and up from 1.91 percentage points on Dec. 31. Yields on long-term bonds rose this year as the U.S. increased debt sales, while shorter-term notes are anchored by the Federal Reserve’s record-low rate.
“The auction will be the focus,” said Paul Horrmann, a broker in Jersey City, New Jersey, at ICAP Plc, the world’s largest inter-dealer broker. “Until then the market will be a grind. The steepness of the curve may draw some sponsorship to the 30-year auction.”
The 10-year note yield fell three basis points, or 0.03 percentage point, to 3.47 percent at 10:17 a.m. in New York, according to BGCantor Market Data. The 3.375 percent security maturing in November 2019 rose 7/32, or $2.19 per $1,000 face amount, to 99 1/4.
Yields on debt maturing in 30 years fell one basis point to 4.40 percent. The bonds scheduled for sale today yielded 4.39 percent in pre-auction trading.
‘Buyers Back’
“Higher rates and a steeper curve will bring the buyers back in today,” William O’Donnell, U.S. government bond strategist at RBS Securities Inc. in Stamford, Connecticut, wrote in a note to clients. The firm is one of 18 primary dealers required to bid at Treasury auctions. “The steepening in 2-30s and 5’s-30s curves is overdone and ripe for a correction flattening.”
The Standard & Poor’s 500 Index rose as much as 0.3 percent and declined as much as 0.4 percent. The gauge of U.S. stocks has rebounded 62 percent from a 12-year low in March.
Fed Bank of Dallas President Richard Fisher said Nov. 10 that U.S. interest rates remain “appropriate” as economic growth and inflation may persist below ideal levels into 2011.
The Fed cut its target for overnight loans to a range of zero to 0.25 percent in December. It reiterated its pledge to keep borrowing costs at a record low for an “extended period” in a statement last week.
“We are trading at higher yields, which could stimulate some interest in the auction, especially from absolute return investors,” said Guy Lebas, chief fixed-income strategist and economist at Janney Montgomery Scott LLC in Philadelphia. “The markets believe the Fed when they say ‘extended period,’ so the curve may offer some value further out.”
Financial Crisis
The financial crisis, which started with the collapse of the U.S. property market in 2007, has triggered $1.67 trillion of writedowns and credit losses at banks and other financial institutions and sent the global economy into its first recession since World War II, according to data compiled by Bloomberg.
While trading of Treasuries was closed yesterday for Veterans Day in the U.S., government bonds rallied in the U.K. after Bank of England Governor Mervyn King said inflation will probably stay below the central bank’s 2 percent target.
Investors bid for 2.37 times the amount of 30-year bonds on offer at last month’s auction, versus an average of 2.39 times for the past 10 sales. Indirect bidders, which include foreign central banks, purchased 34.5 percent of the debt last month, versus the 10-sale average of 40.3 percent.
The government sold $40 billion of three-year notes and $25 billion of 10-year debt earlier this week, both records, as President Barack Obama borrows unprecedented amounts to fund stimulus programs. U.S. marketable debt totals $6.95 trillion and reached $7.01 trillion in September, the most ever.
‘No End in Sight’
Treasury officials on Nov. 4 announced a long-term target of six to seven years for the average maturity of government debt. The average maturity is currently about 53 months, according to Treasury data, below the historical average of about five years.
Sales of coupon-bearing Treasuries will increase to $2.38 trillion in the fiscal year that began Oct. 1, from $1.81 trillion in the prior 12 months, primary dealer Goldman Sachs Group Inc. said in a report on Oct. 20.
The amounts are making some investors say today’s gains won’t last.
“There’s no end to the Treasury sales in sight,” said Tsutomu Komiya, an investor in Tokyo at Daiwa Asset Management Co., which oversees $77 billion as part of Japan’s second- largest brokerage. “Supply will send bond yields higher.”
Ten-year yields will rise to 4 percent by the end of 2010, he said. A Bloomberg survey of banks and securities companies projects the figure will be 4.22 percent, with the most recent forecasts given the heaviest weightings.
The increase in long-term yields means bonds are lagging behind shorter securities.
Two-year notes returned 1.4 percent in 2009, while 10-year securities handed investors a 7.4 percent loss and 30-year bonds tumbled almost 24 percent, based on indexes compiled by Merrill Lynch.
f4f
翠鸟科
io sono a pggggina 50 ...
ma se si vuole e new beginning
che fazzo: chiamo un altro dei mitici fondatori della bbbanda??
Fleursdumal
फूल की बुराई
io sono a pggggina 50 ...
ma se si vuole e new beginning
che fazzo: chiamo un altro dei mitici fondatori della bbbanda??
magari questo lo terminiamo a pagina 1000
per il resto lo si chiami e si mandi rigorosamente a DViQ
Fleursdumal
फूल की बुराई
sul ragionamento che tassi un pò più alti avrebbero fatto arrivare i compratori mi ero messo da 118,5 in giù in acquisto ogni mezza figura sul Bronx
diciamo che a 117-10/32 ho iniziato a pensare, ecchilà là siamo tornati ai vekki tempi delle mediate pazze ditro dan vekkie rekkie uscite fuorii
ora di nuovo a 118,5 ,venduti i primi son rimasto con uno
diciamo che a 117-10/32 ho iniziato a pensare, ecchilà là siamo tornati ai vekki tempi delle mediate pazze
ditro dan vekkie rekkie uscite fuoriiora di nuovo a 118,5 ,venduti i primi son rimasto con uno