Author Archives: paul

Good morning!   MARKET UPDATE:  Yesterday saw the 10 year note yield over 4% for the first time since last October after the treasury auction of the 10 year note.  Today at 1:00 pm EST we have another $11 billion … Continue reading →

Good morning!   MARKET UPDATE:  Yesterday we saw two price changes for the worse, due to the oversupply of treasuries on the bond market and the prevailing assumption that the worst of the recession is behind us.  Today at 1:00 … Continue reading →

Good morning!   MARKET UPDATE:  With a lack of news and no new data to digest, the market is little changed from Friday’s close.  Later this week we will see three treasury auctions totaling $65 billion.  On Wednesday the Beige … Continue reading →

Good morning!   MARKET UPDATE:  This morning the stock market is experiencing choppy trading due to gains by the financial sector offset by weakness in retail stocks after a few disappointing earnings reports.  The bond market is facing selling pressure … Continue reading →

  Good morning!   MARKET UPDATE:  Overall news flow is slow this morning, but the lack of headlines hasn’t prevented stocks from making solid, broad-based gains in the early going as all 10 major sectors in the S&P 500 march … Continue reading →