If Tech Bulls Do Not Stop Them In Time, Bears Have Chance Of Double-Top On Nasdaq 100
After seven consecutive up weeks, the Nasdaq 100 went negative last week. Bulls came so close but were denied a new high. This is occurring even as breadth is in divergence with the... READ MORE
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of October 29, 2024. 10-year note: Currently net short 901.2k, up 53k. The FOMC meets next week on Tuesday-Wednesday. A 25-basis-point cut is priced in. Immediately... READ MORE
Tech Heavyweights Set To Report 3Q Earnings This Week; Results Will Have Repercussions For Nasdaq 100 And S&P 500 Primarily
Leading into this week’s 3Q reports from five tech heavyweights, the Nasdaq 100 has not made much progress the last couple of weeks. These results will have repercussions for other market cap-weighted indices,... READ MORE
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of October 22, 2024. 10-year note: Currently net short 848.2k, down 16.9k. Non-commercials have reduced their net shorts in 10-year note futures by 25.9 percent from... READ MORE
Russell 2000, With Improved Action In Recent Weeks, Hoping For Goldilocks Economy
Small-caps are showing some improved action. With so many false dawns in the past, bulls hope this lasts and that the economy is headed for Goldilocks, as too hot or too cold may... READ MORE
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of October 15, 2024. 10-year note: Currently net short 865.1k, down 95.1k. In the week to October 1, non-commercials were net short a record 1,143,889 contracts... READ MORE
Robust S&P 500 Buybacks Could Be Staring Into Interesting Dynamics Next Year
The S&P 500 continues to break out to new – and newer – highs. Buybacks have provided a sustained tailwind, although interesting dynamics are in play for next year. Yet another week, yet... READ MORE
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of October 8, 2024. 10-year note: Currently net short 960.1k, down 183.8k. The 10-year treasury yield continued to rally – now up four weeks in a... READ MORE