Post-Election Winners Look Fatigued, Rotation Candidate Not Yet In Focus

posted in: Equities, Technicals | 0

U.S. small-caps have had a phenomenal run post-election.  From November 8 close through the intra-day all-time high 1392.71 on December 9, the Russell 2000 small cap index jumped 16.5 percent.  It has come under slight pressure since that high, but … Continued

Divergences Abound But Can End With Vengeance

To say that stocks have diverged from a whole host of things ranging from earnings to Treasury bonds to crude oil to economic data is an understatement. This is not some new phenomenon … has been going on for a … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of April 5, 2016.  Change is week-over-week. 10-year note: The FOMC minutes for the March 15-16 meeting were released this week, and there was nothing substantially new. That said, maybe because FOMC … Continued

IWM Weekly Naked Call For Income At Best, Go Short Near Resistance At Worst

posted in: Derivatives, Equities, Technicals | 0

In the latest reporting period, there was a big drop in short interest on IWM, the iShares Russell 2000 ETF.  It dropped 10.1 percent period-over-period to 118 million shares – the lowest since the middle of August.  Shorts had been … Continued

COT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of July 7, 2015.  Change is week-over-week. 10-year note: After the June FOMC minutes were released, investors pushed back expectations for the first interest rate hike to March next year.  The minutes … 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

An Options Strategy For XLY Shorts

posted in: Derivatives, Equities, Technicals | 0

Last Thursday saw a powerful rally in stocks.  Several indices went on to notch new records.  The Nasdaq Composite surpassed its March 2000 intra-day high.  The Russell 2000 Small Cap Index broke out to a new high.  Several others, including … Continued

IWM Breaks Out — Shorts Can Use Options For Damage Repair

posted in: Derivatives, Equities, Technicals | 0

IWM, the iShares Russell 2000 ETF, broke out Thursday, and it is time to pay heed to that famous quote, “When the facts change, I change my mind.  What do you do, sir?” To refresh, back on May 26th, hypothetically … Continued

1 2 3 4 5