Morning Update – May 5th, 2022

Morning Update

During Quantitative Easing, the Fed put Money into the market by buying an array of treasury bonds/securities/notes/mortgage backed securities, etc. Now every month some securities reach their maturity and historically the Fed has refinanced most of these.  With tapering, the

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Morning Update – May 4th, 2022

Morning Update

So with FOMC today, I’m not sure I need to be doing a huge update.  BUT, I did want to just point to a few things… Yesterday a number of central banks globally increased their rates (everyone except Japan), and

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Morning Update – May 3rd, 2022

Morning Update

Liquidity (Market Depth) is abysmal.  I think we’re probably trading less than half the contracts we would normally be trading in the on-cash settled indexes and relevant ETFs.  This is why we’re getting these huge swings from Support to Resistance

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Morning Update – May 2nd 2022

Morning Update

I’ll put out a longer update later, but remember this week on May 4th Ka-Powell has a press conference, and on the 5th we have Jobless claims and non-farm productivity comes out, and Friday the 6th NY Fed, ATL Fed,

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