Following futures positions of non-commercials are as of January 4, 2022. 10-year note: Currently net short 276.9k, up 63.6k. The December 14-15 FOMC minutes, out Wednesday, revealed that the Fed was more determined to snatch the punch bowl away from … Continued
Following futures positions of non-commercials are as of December 28, 2021. 10-year note: Currently net short 213.3k, down 126k. FOMC minutes for the December 14-15 meeting come out on Wednesday. This was a meeting in which markets essentially forced the … Continued
Following futures positions of non-commercials are as of December 21, 2021. 10-year note: Currently net short 339.3k, up 65.4k. December thus far has been a month in which the 10-year treasury yield has been through lots of ups and downs … Continued
In the wake of the Fed’s hawkish tilt last week, tech came under pressure, though nothing major yet. This is taking place even as some internals are showing cracks. The Nasdaq 100 tumbled 3.3 percent last week. This was a … Continued
Following futures positions of non-commercials are as of December 14, 2021. 10-year note: Currently net short 273.9k, up 6.9k. Once again, markets forced the Fed’s hands. Until this week’s FOMC meeting, futures traders were betting that the central bank would … Continued
The Russell 2000 has been going back and forth within a rectangle for a while now. Selling the rip and buying the dip within this box has worked. Once again, the index is at/near support. Traders continue to sell the … Continued
Following futures positions of non-commercials are as of December 7, 2021. 10-year note: Currently net short 267k, down 46.4k. This year’s final FOMC meeting takes place next week. Last week, Jerome Powell, Fed chair, floated the idea of accelerated taper … Continued
VIX witnessed a spike reversal last week, before coming under massive downward pressure this week, helping equities. Equity bulls could receive further help should Friday’s CPI behave. It turns out VIX flashed a spike reversal last week. On Friday, it … Continued
Following futures positions of non-commercials are as of November 30, 2021. 10-year note: Currently net short 313.4k, down 10k. In the week to Wednesday, Federal Reserve assets dropped $31.4 billion from record $8.7 trillion a week ago. In early March … Continued
Following futures positions of non-commercials are as of November 23, 2021. 10-year note: Currently net short 323.4k, up 29.3k. As of last Tuesday, non-commercials added more to their holdings of net shorts in 10-year note futures. They are now most … Continued