ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
We will likely see a temporary pullback, but that sucker is gonna fall a whole lot more. There are too many traders with grudges (now don't be looking at me, I ain't no grudgy dude
).not today, flat, made just 3 points but officially double the account cash ytd, unrealized gains on 10s hasn't been cashed out yet.
$42B worth of 10 yr note auction is scheduled in less than 30 minutes. Last one didn't fare too well, so anything goes would be my guess. In any case, why the heck are there so many auctions??
You can expect higher taxes in the near future, folks.
- High Yield: vs six-auction average 4.276%
- WI level at the time of the Auction 4.473%
- Tail: 1.0 bps vs six-auction average 0.9 basis points
- Bid-to-Cover Ratio: 2.49X vs six-auction average 2.49x
- Dealers: 15.73% vs six-auction average 16.9%
- Directs (a measure of domestic buyers):18.74% vs. six-auction average 17.0%
- Indirects (a measure of international buyers): 65.52%vs. six-auction average 66.1%
Although there was a 1.0 basis point tail, it was in line with the average over the last 6 months. The Bid to Cover was spot on the average. The domestic buyers were higher than the average while the international demand was a bit lower.
We will likely see a temporary pullback, but that sucker is gonna fall a whole lot more. There are too many traders with grudges (now don't be looking at me, I ain't no grudgy dude
$42B worth of 10 yr note auction is scheduled in less than 30 minutes. Last one didn't fare too well, so anything goes would be my guess. In any case, why the heck are there so many auctions??
I shorted last night and made a few bucks on an ES. Tempted to hold, but I'm just getting used to ES (again).
Thanks for the info on treasuries. I'm uncertain about it myself.