About the Author
Marc Nemenoff
Mr. Nemenoff is a 40-year veteran of the futures industry. While attending graduate school at the Illinois Institute of Technology, Marc took a job as a clerk on the trading floor of the Chicago Mercantile Exchange. Over the years he grew to become an independent member of the exchange and spent many years as a trader, market maker, lecturer, and committee member. Since 2004 Marc has been a senior broker and analyst handling customer accounts for both speculators and hedgers in addition to institutional traders. Marc is also the author of The Nemenoff Report, a daily overview of the markets that includes his own perspective on market direction. Mr. Nemenoff describes his approach to the market as 75% technical and 25% fundamental and is also a firm believer in the use of option strategies as a way of using leverage and minimizing risk when one has a long-term market strategy. You can contact Marc by phone at (888) 908-4310 or by email at mnemenoff@pricegroup.com. Learn even more on our website at www.pricegroup.com.
Futures and options trading involves substantial risk of loss and may not be suitable for everyone. The information presented by The PRICE Futures Group is from sources believed to be reliable and all information reported is subject to change without notice.
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By Marc Nemenoff |
March 14, 2013
June Bonds are currently 21 lower at 140’29 and the 10-year Notes 9 lower at 130’06.0. This morning’s Weekly Jobless Claims showed a decline of 10,000 vs. expectations of a slight increase.
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By Marc Nemenoff |
March 12, 2013
June Bonds are currently 10 higher at 141’08 and the 10 Yr. Note 5.5 higher at 131’21.0. I am now willing to look at the Bonds as a trading affair between the 140’20 and 142’26 levels. My bias has changed from negative to neutral.
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By Marc Nemenoff |
March 7, 2013
June Bonds are currently 12 lower at 142’15 and the 10 Yr. Note 5 lower at 131’02. This morning’s Weekly Jobless Claims Report showed a decline of 7,000 vs. expectations for an increase of 3,000.
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By Marc Nemenoff |
March 1, 2013
June Bonds are currently 24 higher at 144’17 and the 10 Yr. Note 9.5 higher at 131’27. April Gold is currently $3.00 higher at $1,581.00 after making an overnight low of $1,564.00.
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By Marc Nemenoff |
February 26, 2013
Yesterday Bonds rallied sharply as equities and the EuroFX broke sharply on concerns over the Italian elections. I am looking to take advantage of this flight to safety to once again start trading from the short side.
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By Marc Nemenoff |
February 25, 2013
By the end of the week the June contract will be considered lead month, which is currently trading at a 1’16 discount to the Mar. contract at 142’06. For today, I’m still looking at the Mar. contract as a trading affair between 142’16 and 144’06.
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By Marc Nemenoff |
February 21, 2013
The bonds once again became a safety net in what the industry now likes to call a “risk-off” trade as the dollar strengthened and metals and equities crashed in the face of hedge fund liquidation and margin call selling.
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By Marc Nemenoff |
February 20, 2013
Later today: Minutes from the last FOMC meeting. Support is currently 142’08 and resistance for the near term is at 144’06.
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By Marc Nemenoff |
February 15, 2013
Yesterday Apr. Live Cattle came close to testing support in the 127.00 area posting a low of 127.60 before the market experienced a 225 point short covering rally.
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By Marc Nemenoff |
February 14, 2013
The possibility of European recession has the Euro sharply lower this morning against both the Dollar and the Yen.