Hubert Senters here.
Got a question from a viewer about the FED and auction. Let me just grab the text really quick. Let’s dig in here.
I think with bonds there are weekly fed announcements that can affect bond prices.
It’s not a weekly FED announcement. It is usually bill settlement or it’s auction. They call it announcement but it’s not announcement. It’s kind of auction that goes over. But that’s what I think of them.
I think with bonds there’s a weekly Fed announcement that can affect bonds prices somewhat. Usually I would say 98 percent of the time. It causes absolutely no movement or whatsoever.
To my knowledge these occur on either Wednesday or Thursday. They’re usually Tuesday, Wednesday or Thursday. And I’ll show you how to find those really quickly.
How does this affect the overall direction of the bond market. Are these announcements just a blip in the main direction?
Yes. They are. Let’s take a look at what you’re talking about here really quick. I’m going to go grab econoday. Let me go grab econoday and bring it over here.
So this is the website called econoday. It’s FREE. If you go to econoday.com and then scroll down. And where it says full calendar click right there. And then you’ll see right here.
So you’ve got a 4-week bill settlement and 8-week bill settlement that will probably do nothing to the market so check this out.
This is Monday. And you had the 3-month bill auction. You had the 6-month bill auction but that’s not what cause bonds to go lower. They’re in a downtrend right now so they’re going to go lower.
So they happened on Monday and then you got Tuesday. You have the 4-week and the 8-week and then here Wednesday you have the 2-yr note settlement. The 5-yr, the 7-yr, the 10-yr and the 20-yr.
And then over here you have the 3-month and the 6-month. I’m saying all of that because usually 90 percent of the time it doesn’t mean anything.
The real one you got to be on the lookout for is the FED announcement. Anything that has to do with employment.
So the ADP employment report at 8:15 on Wednesday that will probably move bonds around a little bit. Anything that’s got a potential green or red but not all of them.
Just certain ones like case you probably won’t do it. PMI Manufacturing not too bad. It’s mainly FED announcements on interest rates and employment numbers because that will skew the economy something. Those are really all big easy you have to worry about.
They’re pretty cool common collected and methodical in my opinion. I’m going to be doing a special webinar this Wednesday. And as you can see right here on this 10-yr note trade I’m up $1,975.
And what I’m going to share with you on this Wednesday is how to do this. How to Make $1,000 or More Risking Only $156.25.
Now, there will be a cap to this webinar. GotoWebinar holds a thousand people so log in early if you can. If you click register my spot now you can do first name, email address and then text here.
And then I’ll do a text message to warn you about probably an hour early because there’s going to be a lot of people in this webinar.
And then I’ll give you a call Wednesday morning around noon or 2:00, 4:00 or 5:00. I don’t know. It will be voicemail from me going hey, don’t forget to sign up for the webinar at 8PM. And it will be automated voicemail but it will be from me.
Good luck. Hope it helps. See you on the next video.
Hubert.
