Following futures positions of non-commercials are as of January 29, 2019. Beginning December 21, the CFTC was not able to publish reports on time due to the partial shutdown of the federal government, which has now reopened. The CFTC expects … Continued
After the October-December rout, US stocks rallied big in January and February-to-date. Several data points such as consumer and investor sentiment followed suit, but their rise has been muted. For longs, this could mean there is room for more strength, … Continued
Following futures positions of non-commercials are as of January 22, 2019. Beginning December 21, the CFTC was not able to publish reports on time due to the partial shutdown of the federal government, which has now reopened. The CFTC expects … Continued
Thursday’s retail sales data likely poured more gasoline into the recession-fear fire. The cycle is getting long in the tooth. Risks are rising. The expansion has lasted for nearly a decade. Contraction is just a matter of when not if. … Continued
Following futures positions of non-commercials are as of January 15, 2019. Beginning December 21, the CFTC was not able to publish reports on time due to the partial shutdown of the federal government, which has now reopened. The CFTC expects … Continued
Following futures positions of non-commercials are as of January 8, 2019. Beginning December 21, the CFTC was not able to publish reports on time due to the partial shutdown of the federal government, which has now reopened. On Tuesday, data … Continued
Following futures positions of non-commercials are as of December 31, 2018. Beginning December 21, the CFTC was not able to publish reports on time due to the partial shutdown of the federal government, which has now reopened. Last Friday, data … Continued
Following futures positions of non-commercials are as of December 24, 2018. The below is from the CFTC site. “The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order … Continued
Bulls continue to defend 2600-2630 on the S&P 500. Breach risks are rising. VIX, which since October has stayed rather elevated, is itching to rally. After a three-month, 20-percent drop, the S&P 500 large cap index (2640) bottomed intraday on … Continued
Bulls last week defended support at 2600-2630 on the S&P 500, which has rallied massively since bottoming on December 26. Daily conditions are deeply overbought, pricing in a dovish Fed. A two-day FOMC meeting begins Tuesday. A ‘buy the rumor, … Continued