So let’s just start right off with today’s settlement page, we have included Friday’s data here as well notice we have rolled Silver and Copper to December:
First up the US long end UltraBond is outpacing the 30YR bond here and its flattening the US bond curve here. The US Dollar has gained the last few days and will see if this is just profit locking or signs of a larger move. Energy is benefiting from the hurricanes in the gulf ( is that fair to say) or is it just a theory well in either case RBOB has outpaced Crude here, for now. The metals have given some back the last few days, and when we look at the charts you will see in most markets we are at some significant levels.
So, first up the Nasdaq and as we pointed out earlier this 11634/36 level is huge and its no wonder we settled right on it:
