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Trader's Desk Signals, Crude Down, Bonds up, Stocks Down, Let's Go!

By
Real Estate Agent with Re/Max Real Estate Limited

We are looking at March Crude now for the mini's that would be QMH09. Feb is going out really low in the $36 handle right now. Last month expiration found the front month 15% or so below back month and then the new month continued to fill the gap down.  Lets buy March crude at $39.00 for one unit for now. I missed selling short the $50 handles on Feb crude, I guess I got lazy and didn't go for it.

SPH09 stock index future.   We missed the short sale at 945 on the ESH09 by 1.25 points. I guess  I was trying to be to close on the projection. I put the order in when it was down around 900 so. We are flat now.

Let's put an order to buy for one unit ESH09 at $835 and a second at $800.

On on last update we said the following:

"Interest rates, we were waiting an entry to go short. I had figures we are in the late stages of this decline in yield. It looks like the lows in yield have been put in place for now. We will look to short the TYH09 that is the March 10 year note at 126'15. on one unit."

We are now short one TYH09 at 126'15, for now let's put an order to cover at 124 even.

Real Estate Markets,  are in a battle for cash. The conforming loans are getting money, but are still a battle to get to closing. In some parts of the country houses and condo are selling well. My friend Renee' Burrows a top agent out in las Vagas said they are busy and loans are flowing. Lower prices are attracting buyers. In Bergen we need a lot of Jumbo loans. They have improved, but need some more improvement. Until all the money get thu the pipeline, we will be touch and go.

Deals are happening, but I think it could get real busy if money shows up.

I suspect soon the money will get better for Jumbo loans. Bergen County Real Estate will beneifit. 

Richard

View my new homes for sale

Comments (4)

Charlie Harden
Columbia, SC

Richard, thanks for the good works.  Folks were saying '09 would be the turnaround, then '10.  Maybe back to '09 now?

Jan 14, 2009 07:16 AM
Richard Stabile
Re/Max Real Estate Limited - Oradell, NJ
Bergen County New Homes Builder Realtor

Thanks Charlie, I sure hope it does. The blog has done well also for trading.

Richard

Jan 14, 2009 12:13 PM
The Somers Team
The Somers Team at KW Philadelphia - Philadelphia, PA
Delivering Real Estate Happiness

Richard - am keeping my eyes open here !  Love the ideas and am tracking them.

Jan 16, 2009 08:53 AM
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Apr 26, 2012 01:18 PM
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