itiswhatitis Posted November 28, 2007 Report Share Posted November 28, 2007 Good Morning/Afternoon/Evening, Doc can you, or anyone else, provide some insight to the potential impact the Basel II regulations will have on capital markets? Is it possible the inflow into Citi is related? thanks IIWII Link to comment Share on other sites More sharing options...
potatohead Posted November 28, 2007 Report Share Posted November 28, 2007 DJ Fed Accepts $8 Bln In 43-Day RPs Type of transaction: 43-Day RPs Total accepted: $8 Bln Total submitted: $46.35 Bln Agency Collateral Operation Total accepted: None Total submitted: $12.5 Bln Stop-Out Rate: N/A Weighted Average: N/A High-rate submitted: 4.45% Low-rate submitted: 3.5% Treasury Collateral Operation Total accepted: None Total submitted: $4.55 Bln Stop-Out Rate: N/A Weighted Average: N/A High-rate submitted: 3.45% Low-rate submitted: 1% Mortgage-Backed Collateral Operations Total accepted: $8 Bln Total submitted: $29.3 Bln Stop-Out Rate: 4.7% Weighted Average: 4.77% High-rate submitted: 4.88% Low-rate submitted: 4.4% (Data was provided by the New York Federal Reserve Bank). Link to comment Share on other sites More sharing options...
crooked_analyst Posted November 28, 2007 Report Share Posted November 28, 2007 WTF? 43 Days? Deal Date: Wednesday, November 28, 2007 Delivery Date: Wednesday, November 28, 2007 Maturity Date: Thursday, January 10, 2008 Type of Operation1: Repo Settlement: Same Day Term of Operation2: 43 Days Operation Close Time: 08:30 AM Results Amount ($ Rate (%) Collateral Type Submitted Accepted Stop-Out3 Weighted Average4 High Low Treasury 4.550 0.000 N/A N/A 3.45 1.00 Agency 12.500 0.000 N/A N/A 4.45 3.50 Mortgage-Backed 29.300 8.000 4.70 4.768 4.88 4.40 Total 46.350 8.000 Link to comment Share on other sites More sharing options...
crooked_analyst Posted November 28, 2007 Report Share Posted November 28, 2007 Ahhh, it's all Mortgage Backed crap.... Link to comment Share on other sites More sharing options...
DrStool Posted November 28, 2007 Report Share Posted November 28, 2007 *DJ Fed Sets 43-Day RPs (MORE TO FOLLOW) Dow Jones Newswires 628440[/snapback] That was the one that they pre announced on Monday. Link to comment Share on other sites More sharing options...
DrStool Posted November 28, 2007 Report Share Posted November 28, 2007 WTF? 43 Days? Deal Date: Wednesday, November 28, 2007 Delivery Date: Wednesday, November 28, 2007 Maturity Date: Thursday, January 10, 2008 Type of Operation1: Repo Settlement: Same Day Term of Operation2: 43 Days Operation Close Time: 08:30 AM Results Amount ($ Rate (%) Collateral Type Submitted Accepted Stop-Out3 Weighted Average4 High Low Treasury 4.550 0.000 N/A N/A 3.45 1.00 Agency 12.500 0.000 N/A N/A 4.45 3.50 Mortgage-Backed 29.300 8.000 4.70 4.768 4.88 4.40 Total 46.350 8.000 628444[/snapback] That was the one they pre announced on Monday, about which I was quoted in the AP market wrap on Monday. There's absolutely nothing out of the ordinary about this. The Fed is on the exact same track it was on last year at this time, and the year before that, and the year before that. The idea that the Fed is doing anything different is a myth. Don't get sucked in. If anything changes, I will let you know in the Wall Street Examiner Professional Edition Fed Report on the day it happens. For now, they are just blowing smoke. Link to comment Share on other sites More sharing options...
DrStool Posted November 28, 2007 Report Share Posted November 28, 2007 Looks like the rally in the dollar that I warned about in the WSE Pro Dollar report last week is under way. Link to comment Share on other sites More sharing options...
crooked_analyst Posted November 28, 2007 Report Share Posted November 28, 2007 WTF? 43 Days? Deal Date: Wednesday, November 28, 2007 Delivery Date: Wednesday, November 28, 2007 Maturity Date: Thursday, January 10, 2008 Type of Operation1: Repo Settlement: Same Day Term of Operation2: 43 Days Operation Close Time: 08:30 AM Results Amount ($ Rate (%) Collateral Type? Submitted Accepted Stop-Out3 Weighted Average4 High Low Treasury 4.550 0.000 ? ? N/A ? ? ? ? N/A ? ? ? ? 3.45 ? ? ? ? 1.00 ? ? Agency 12.500 0.000 ? ? N/A ? ? ? ? N/A ? ? ? ? 4.45 ? ? ? ? 3.50 ? ? Mortgage-Backed 29.300 8.000 ? ? 4.70 ? ? ? ? 4.768 ? ? ? ? 4.88 ? ? ? ? 4.40 ? ? Total? 46.350 ? 8.000 628444[/snapback] That was the one they pre announced on Monday, about which I was quoted in the AP market wrap on Monday. There's absolutely nothing out of the ordinary about this. The Fed is on the exact same track it was on last year at this time, and the year before that, and the year before that. The idea that the Fed is doing anything different is a myth. Don't get sucked in. If anything changes, I will let you know in the Wall Street Examiner Professional Edition Fed Report on the day it happens. For now, they are just blowing smoke. 628447[/snapback] Got it, thanks...I was just surprised by the length of the transaction.... Link to comment Share on other sites More sharing options...
I_Am_Madness Posted November 28, 2007 Report Share Posted November 28, 2007 Nice recovery on GOLD. Back above 800 again. They keep smacking it down and every time it falls below 800 it bounces back with a vengeance. Link to comment Share on other sites More sharing options...
linrom Posted November 28, 2007 Report Share Posted November 28, 2007 Best economy I've seen, so said John Chambers, the CEO of Cisco. "It's the strongest global economy I've seen in my career," Chambers told Crapvision, citing Asia, emerging markets and Europe. But apparently not as strong as 2006. CSCO is going to take a dump when next quarter's earnings are released. Link to comment Share on other sites More sharing options...
DrStool Posted November 28, 2007 Report Share Posted November 28, 2007 Last year they did not do the long term repo for some reason. They just beefed up the shorter term repos. But they did do the long term repo either in late November or early December in 2003, 2004, and 2005. Link to comment Share on other sites More sharing options...
cwd Posted November 28, 2007 Report Share Posted November 28, 2007 CNBS fumble manager , stay fully invested for the bottom next year. Link to comment Share on other sites More sharing options...
DrStool Posted November 28, 2007 Report Share Posted November 28, 2007 qqqq has hit 5 hr cycle projection of 50.73 Link to comment Share on other sites More sharing options...
dogsie Posted November 28, 2007 Report Share Posted November 28, 2007 pure brilliance: Both the S&P 500 and Nasdaq 100 futures are trading above fair value, suggesting stocks will start the day on a positive note. Barfing.com Link to comment Share on other sites More sharing options...
DrStool Posted November 28, 2007 Report Share Posted November 28, 2007 5 day cycle projection of 50.60 has been exceeded. However a new 3 day cycle projection appears to be pointing above 51. Not sure yet if this is valid . Link to comment Share on other sites More sharing options...
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