Here we go again...

I'm back after a break. It was Canada Day yesterday, so I thought I'd take a break.

I did manage a couple of trades yesterday, but I had to hurry off somewhere so I wasn't able to post my results.

What a big move in the bonds this morning, due to the Non-farm Payrolls report: Nonfarm payrolls rose by 112,000 last month, less than half the 244,000 that had been expected by Wall Street economists. Bad news for the economy, good news for us bond traders, if you happen to get in right before the release. However, when this market moves, it moves so fast and so quick, that by the time you get in, the market has gone up 1 full point (that's $1,000.00)... in 8 seconds!!!

Anyway, exhilarating morning for the bonds. Thursday and Friday openings are the best days to trade the bonds becase that's when all the exciting market action happens.

For now, let's go back to the markets...