CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of February 13, 2018. 10-year note: Currently net short 296.9k, down 30.6k. If 10-year Treasury yields (2.88 percent) reach three percent – or even where they are currently – would/could that be used … Continued

CoT: Peek Into Future Through Futures – How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of June 20, 2017. 10-year note: Currently net long 345.2k, up 71.2k. Last week, 10-year T-yields lost – albeit ever so slightly – a rising trend line from last July.  Back then, yields … Continued

Mar ’09 Trend Line Intact On Major U.S. Equity Indices – Can Drop A Good Deal Before A Test Occurs

Last Friday sent shivers down U.S. equity bulls’ spine.  Sort of.  The rout in tech stocks in particular was unsettling. After rising to a new all-time high of 5897.69, the Nasdaq 100 index lost 2.4 percent Friday.  Intraday, it was … Continued

CoT: Peek Into Future Through Futures

Following futures positions of non-commercials are as of April 11, 2017. 10-year note: Currently net short 64.5k, up 8.8k. Ten-year Treasury yields (2.23 percent) are breaking down. Shortly after post-election backup in yields last November, the 10-year began to so … Continued

CoT: Peek Into Future Through Futures

Following futures positions of non-commercials are as of April 4, 2017. 10-year note: Currently net short 55.8k, down 13.9k. Post-FOMC minutes Wednesday, the S&P 500 large cap index reversed hard, shedding 1.1 percent between 2 pm and 3:30 pm.  This … Continued

CoT: Peek Into Future Through Futures

Following futures positions of non-commercials are as of March 28, 2017. 10-year note: Currently net short 69.4k, down 30.9k. Fed officials are beginning to jawbone – again. Tuesday, Stanley Fischer, Fed vice-chair, said he forecasts two more hikes this year.  … Continued

CoT: Peek Into Future Through Futures

Following futures positions of non-commercials are as of March 21, 2017. 10-year note: Currently net short 100.4k, down 94k. In a Tuesday speech this week, Loretta Mester, president of the Cleveland Fed, said this: “If economic conditions evolve as I … Continued

US Equity Indices Flash Signs Of Fatigue Left And Right

That the green line in Chart 1 is increasingly taking the form of a coiled spring is non-debatable.  That the longer it stays compressed in oversold territory, the higher the odds of a spike higher is non-debatable.  What is debatable … Continued