Archives by Tag 'trading'
Since there has been so little trading in the first halves of the last 3-4 months I’d thought that we might have more luck with early-in-the-month trading by suggesting that trades focus on a smaller set of contracts. As such, … Read More
It seems that a growing numbers of commentators are becoming ever-louder in their bearish views. Yet few give their readers any practical advice as to how to put this “knowledge” to work. Are they suggesting that people sell their houses … Read More
I continue to believe that while traders may approach outright markets with some caution that they can be more aggressive when expressing views of relative performance. That is, they may not have a precise view about how much the LAX … Read More
I’ve posted the February monthly recap of activity in the CME Case Shiller housing contracts to the Reports section (or one can access here).
A key impression when comparing information from Feb 28 versus Jan 31 (or Dec 31, … Read More
While much of the press seemed to interpret today’s Case Shiller #’s as weaker, a comparison of the actual numbers versus the mid-market quotes for the expiring Feb 2014 (G14) contract suggests that the numbers were more bullish than expected.… Read More
In what was a very gratifying (to me) set of actions, one (or some?) trader seems to have taken my comments on the Feb ’14/’15 calendar spread for the HCI contract (CUS 10-city index) and expanded that approach into two-sided … Read More
I posted a recap of activity in the CME Case Shiller (home price index) Futures for the month of January to the Reports section (or you can click here).
The highlights of the month include:
- Increase in volume (albeit
As I mentioned in the month-end summary, bid/ask spreads have compressed slightly since Dec. 31. I posted a set of tables in the Reports section (click here) that shows the changes between Dec 31 and Jan 9. The BOS, … Read More
I’ve posted a recap of activity in the CME S&P Case Shiller home price index futures for the month of Nov to the Reports section of this website (or one can click here to access.) The report uses an end … Read More
The narrowing in the bid/ask spread in longer-dated California markets (particularly LAX) has been primarily a function of traders offering lower. Those lower offers have also impacted intercity spread quotes, both by narrowing the “arb” level (simultaneous lift one offer … Read More