Odds Favor Shorts Near Term If S&P 500 Rallies To 2800+

posted in: Credit, Economy, Equities, Technicals | 0

Post-Powell’s supposed dovish switch last week, equity bulls spent lots of energy to rally the S&P 500 within less than two points of the 200-day.  If the trade-tariff truce the US and China reached over the weekend in Argentina is … Continued

COT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of August 4, 2015.  Change is week-over-week. 10-year note: Federal Reserve Governor Jerome Powell told CNBC on Wednesday that he has not made up his mind yet on whether interest rates should … Continued

Peek Into Future Through Futures

The following are futures positions of non-commercials as of June 23, 2015.  Change is week-over-week. 10-year note: Yields pushed up nearly 21 basis points for the week.  Sales of both new and existing homes did well in May (even though … Continued