Marc Nemenoff
PRICE Futures Group
Financials: Sept. Bonds are currently 5 higher at 138’23, 10 Yr. Notes 3 higher at 125’16 and the 5 Yr. Notes 2.5 higher at 119’10.2. Lack of any news or relief of Global tensions are keeping these markets in a tight range for the moment. We remain soread long 10 YR. Notes/short Bonds from the 12’16 area premium the Bonds (now at 13’06).
Grains: Dec. corn is currently fractionally higher at 369’0, Nov. Beans 2’6 higher at 1060’4 and Dec. Wheat 1’4 higher at 550’2. We remain long Dec. Corn with a protective sell stop at 363’2.
Cattle: We are currently on the sidelines.
Silver: Sept. Silver is currently 4 cents higher at 21.05 and Aug. gold 3.00 higher at 1309.50. We remain long Silver.
S&P's: Sept. S&P’s are currently 3.00 higher at 1978.00. Better than expected earning from tech related stocks are helping to keep markets at current near record levels. We continue to hold a combination of short futures and short the Sept. 1900 puts.
Currencies: As of this writing the Sept. Euro is currently steady at 1.3468, the Swiss 1 higher at 1.1087, the Yen 6 higher at 0.9867 and the Pound 27 lower at 1.7025. We continue to hold short biased positions in the Euro.
Futures and options trading involves substantial risk of loss and may not be suitable for everyone. The valuation of futures and options may fluctuate and as a result, clients may lose more than their original investment. In no event should the content of this website be construed as an express or implied promise, guarantee, or implication by or from The Price Futures Group, Inc. that you will profit or that losses can or will be limited whatsoever. Past performance is not indicative of future results. Information provided on this website is intended solely for informative purpose and is obtained from sources believed to be reliable. No guarantee of any kind is implied or possible where projections of future conditions are attempted.
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