Tryptophan Coma, Be Gone! November 30, 2006
Posted by seechadfund in Uncategorized.trackback
After loading up on turkey and powering down for a few days, I’m back in the swing of things and will be hitting my stride tomorrow on Arizona Midday. If you’re local, tune in after Regis and Kelly in the morning. If tuning in here is your only recourse, here’s a quick outline for you.
I’ll be talking about getting your house in order for the Holidays to start off the New Year ahead of schedule. It’s still not to late to refinance in time for holiday gift giving. If you aren’t paying cash, you could be burdening your credit by running up those balances. Rates were taking a breather last week. I thought there would be possible worsening rates with this week chock full of financial reports, an auction of a few Billion 5 year T Notes, and even a few words from Chairman Bernake. But so far things have remained pretty neutral. We have a very important report in the PCE (Personal Consumption Expentitures) due out tomorrow. I’m being a little cautious here and locked in everything today ahead of this one. Bonds are overbought and trading at their resistance level. I could be left with egg on my face, and bonds could push through their resistance. We’ll take some left overs, whip up an omlette and go on about business as usual.
For now, it’s time to catch up on some beauty Zs before some face time on the small screen tomorrow.
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