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
Warsh Nomination Sends Rampaging Gold Bulls Into Two-Week Defensive Mode; Continued Fiscal Profligacy Next Possible Catalyst
Following a vertical two-year run, gold just had a very volatile couple of weeks. Bulls failed to hang on to a fresh high $5,608 posted on 29 January, even as bears pushed it... READ MORE
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of Feb 3, 2026. 10-year note: Currently net short 729.4k, up 3.3k. There is a lot of talk around the nominee to replace Chair Jerome Powell... READ MORE