Large- And Small-Caps Gravitate Toward 200DMA; Average Yet To Be Tested In Months
The major US equity indices have either lost important support or close to doing so. Both large- and small-caps seem to be eyeing the 200-day. Small-cap bulls were unwilling last Friday to pounce... READ MORE
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of March 3, 2026. 10-year note: Currently net short 654.5k, down 119.5k. February pulled a surprise, as the economy unexpectedly lost 92,000 jobs, even as January... READ MORE
One After Another Record Short Interest On Nasdaq, Even As Index Acts Fatigued In Wake Of Gigantic Rally Post-April 2025 Bottom
Nasdaq shorts, with record short interest, are positioning themselves for a breakdown in the index, or the highly concentrated Nasdaq 100. Breakdown in tech is sure to adversely impact the S&P 500, the... READ MORE
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of Feb 24, 2026. 10-year note: Currently net short 774k, down 103.8k. ISM manufacturing activity in January entered expansion territory for the first time in 11... READ MORE
Margin Debt Sets New High In Jan, Even As Large-Cap Indices Sideways For 4 Months Now
Margin debt hit a new high in January, up $150 billion over four months. Large-cap indices, however, have gone sideways since late October; this is also the case with small caps, but only... READ MORE
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of Feb 17, 2026. 10-year note: Currently net short 877.9k, up 64.8k. On Friday, the day the Supreme Court struck down President Donald Trump’s blanket tariffs... READ MORE
Large-Cap Indices Probably Catching Up To XLY That Has Lagged XLP For Some Time Now
Equity traders have adopted a defensive posture since early November, even as large-cap equity indices went on to post newer highs. The likes of the S&P 500 are now catching up to it.... READ MORE
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of Feb 10, 2026. 10-year note: Currently net short 813k, up 83.6k. Minutes of the January 27-28 FOMC meeting will be out Wednesday. The fed funds... READ MORE