Indices Under Pressure – Again – Bulls Need To Defend Recent Lows

posted in: Derivatives, Equities, Technicals | 0

Major US equity indices are once again under pressure, likely eyeing recent lows.  In the event they are not breached, options can offer an opportunity for nimble traders. Bears were looking at decent odds to get aggressive last week.  The … Continued

Peek into future through futures

The following are futures positions of non-commercials as of April 14, 2015.  Change is week-over-week. 10-year note: The 10-year yield fell in all five sessions.  Friday could have been different as March core CPI was initially treated as hawkish, but … Continued

End-March short interest: Indices flat, lots of changes industry- and sector-wide

posted in: Equities | 0

Short interest as of the end of March was flat on an index level, but action was hot and heavy on an industry/sector level. On the NYSE, short interest was 15.68 billion, down from 15.69 billion two weeks ago.  On … Continued

Momentum is breaking down, bulls better step up to the plate

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

Rather quick deterioration in momentum in U.S. stocks From sentiment to Greece to $, worrywarts have plenty of things to worry about Next couple of days will be crucial for bulls to step in and try not to let things … Continued

Time to be contrarian?

posted in: Equities, Technicals | 0

“Markets can remain irrational longer than you can remain solvent” Message from several technical indicators not uniformly bearish, but leans that way Time to be contrarian?  NAAIM members’ exposure to U.S. stocks at 96, vs under 10 mid-October If U.S. … Continued

Oct 15th trough in stocks forces short-covering, can bulls squeeze some more?

posted in: Equities | 0

October 15th bottom in stocks forces shorts to cover in many sectors IWM expends lots of short-covering fuel to approach crucial resistance Nasdaq, NYSE short interest at multi-year highs, can bulls force squeeze? Since stocks bottomed on October 15th, naysayers … Continued

VIX spike-buy signal in the making near-term?

posted in: Derivatives, Equities, Technicals | 0

Sellers take advantage of early-morning strength to sell more stocks Amidst this, transports, high-yields draw buyers; panic noticed in VIX:VXV action Trade could be developing, but given developments in energy space, sustained rally not probable Another ugly day!  Could have … Continued

Options market is signaling pressure continues for stocks at least NT

posted in: Derivatives, Equities | 0

Bulls squander opportunity by failing to defend Tuesday’s lows on S&P 500 and Dow Put-to-call ratios just turning up, and have ways to go before they get overbought VIX surges 57% in three sessions; investors seek to protect 2014 paper … Continued