The following are futures positions of non-commercials as of January 20 (Tuesday). Change is week-over-week. Dollar index, gold and euro jump out the most. 10-year note: It seems non-commercials’ patience is wearing thin. On top of that, this has not … Continued
The following are futures positions of non-commercials as of January 13 (Tuesday). Change is week-over-week. Dollar index and E-mini S&P 500 are noticeable. 10-year note: Did non-commercials get squeezed a little this week? By Tuesday, the 10-year yield had dropped … Continued
Bounces are normal within established downtrends 2015 starts out lousy; selling/shorting rallies ka-ching so far this year Should Draghi disappoint next week and U.S. stocks get sold, weakness probably gets bought For ardent believers of “as goes January, so goes … Continued
Technically strong dollar bumping against two-decade-long resistance Trend-following hedge funds’ net longs in dollar index futures highest ever To watch out for: rise in odds of no rate hikes in U.S. and ECB QE disappointment Not a single day goes … Continued
True to ‘when it rains, it pours,’ Goldman turns bearish on oil Sustained low price will reverberate through oil earnings, jobs, capex Technicals have probably already spoken; WTI unable to save 16-year support Remember Arjun Murti? He was a Goldman … Continued
The following are futures positions of non-commercials as of January 6th (Tuesday). Dollar and ten-year notes jump out the most. 10-year note: Substantial net shorts have been built up. In the prior week, large speculators were most short since mid-May … Continued
Draghi drops credible (?) hints Eurozone QE is coming QE no panacea for economy, only a vehicle for transfer of bond ownership Investor reaction post-announcement key, as net shorts in euro futures remain very high “This may imply adjusting the … Continued
Russell 2000 suffers false breakout before retreating quickly Hedge funds not showing much interest in going net long RUT futures With 200DMA one percent away, small-cap bulls have opportunity to put foot down The Russell 2000 Small Cap Index is … Continued
Rather quick deterioration in momentum in U.S. stocks From sentiment to Greece to $, worrywarts have plenty of things to worry about Next couple of days will be crucial for bulls to step in and try not to let things … Continued
On Monday while discussing the dynamics between the dollar and U.S. trade/current account balances, one of the charts did not use the latest data. Due to the holiday last week, the CFTC reported this week futures positions ended the 23rd … Continued