CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of May 3, 2016.  Change is week-over-week. 10-year note: Last week, the Bank of Japan shocked markets by not adding to its stimulus program.  The yen jumped 2.4 percent.  This week, the … Continued

FXE Covered Put Instead Of Covering Short

The April 21st European Central Bank (ECB) governing council meeting was anti-climactic. The deposit rate on lenders’ reserves parked at the central bank was maintained at minus 0.4 percent.  As well, Mario Draghi, ECB president, continued his oft-repeated ‘all policy … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of April 19, 2016.  Change is week-over-week. 10-year note: That this is even being discussed in the press and among economists is a sign of how insane things have gotten in central … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of April 12, 2016.  Change is week-over-week. 10-year note: Glass half full or half empty? Yet again, the IMF issued a downward revision to its prediction for global GDP growth, cutting 2016 … Continued

8% Rally Past 4 Months Brings FXE Right Up To Crucial Resistance – Shortable N/T

posted in: Currency, Derivatives, Technicals | 0

From the euro’s perspective, March 10th was an interesting session. Mario Draghi, ECB president, pulled out his big bazooka that day.  All interest rates were cut.  The existing QE was expanded from €60-billion/month in purchases to €80 billion.  And the … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of December 29, 2015.  Change is week-over-week.  (Due to New Year’s Day last week, the CFTC released numbers on Monday, instead of last Friday.) 10-year note: ‘Will it or wouldn’t it?’ was … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of December 8, 2015.  Change is week-over-week. 10-year note: Until Thursday, the two-year Treasury note yielded 0.95 percent, near recent highs of 0.96 percent.  Come Friday, it dropped seven basis points, to … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of December 1, 2015.  Change is week-over-week. 10-year note: Will it or wouldn’t it?  Will the Fed switch into a tightening mode in the face of U.S. manufacturing just entering contraction? In … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of November 24, 2015.  Change is week-over-week.  (Due to Thanksgiving last week, the CFTC released numbers on Monday, instead of last Friday.) 10-year note: Chances of the Fed moving next month (FOMC … Continued