Peter McTeague
Peter McTeague
argument burn data high quarter sugar three whether
There's still an argument about where the data is really going to end up, and whether the sugar high of quarter three is going to burn off, and how fast.
bullish cycle ease expect fed greenspan market people pick sentiment short signal
Market sentiment in the short end is probably more bearish than bullish -- people want to pick the end of the Fed ease cycle (and) expect Greenspan to signal things are on hold,
northern rallying stocks success trade
A lot of the trade is about stocks rallying on back of Northern Alliance's success in Kabul,
banks bounce central discussion dollar takes
There is the discussion about central banks and their involvement -- many think a dollar bounce takes something away from auctions.
concession market ongoing strong
The market is making a concession for ongoing strong data.
averaged demand eight fears feed foreign indirect less past percent sales today
Indirect bidders in the two-year sales have averaged 38 percent or so the past seven, eight auctions; anything less than that today will feed people's fears about foreign demand waning.
energy hot
Friday's ISM was hot and restarted the bearish energy in the system,
range spinning tight wheels
We're pretty much spinning wheels in a pretty tight range from Friday.