CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of June 8, 2021. 10-year note: Currently net long 173.4k, up 118.6k. The FOMC meets next week. This is the year’s fourth scheduled meeting; four more remain. Not much is expected to occur … Continued

Hooked On Monetary Morphine, Large-Caps Are Beginning To Wish For Softer Data

posted in: Economy, Equities, Technicals | 0

Amidst continuation of aggressive accumulation of assets by the Federal Reserve and a trial balloon last week by Philadelphia Fed president of eventual tapering, large- and small-caps are going their separate ways – the former liking soft economic data and … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of June 1, 2021. 10-year note: Currently net long 54.8k, down 49.6k. In all likelihood, a trial balloon was floated this week. On Wednesday, Patrick Harker, the Philadelphia Fed president who becomes a … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of May 25, 2021. 10-year note: Currently net long 104.4k, up 72.7k. In the week to Wednesday, Federal Reserve assets declined $19.3 billion week-over-week to $7.9 trillion but the prior week’s $7.92 trillion … Continued

VIX Unable To Hold Rallies, But At Lower Bound Of Dual Trend-Line Support

posted in: Derivatives, Equities, Technicals | 0

Volatility bulls have not been able to sustain rallies. Amidst this, non-commercials have been quietly reducing net shorts in VIX futures. If the past is any guide, VIX does not peak until these traders go net long or get close. … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of May 18, 2021. 10-year note: Currently net long 31.7k, up 30.4k. Apparently, some FOMC members at the April 27-28 meeting signaled that they were ready to discuss scaling back the Fed’s bond … Continued

Mar ’20 Trend Line Breached Intra-Week Last Week But Saved By Close, Matter Of Time Before S&P 500 Joins Nasdaq 100

posted in: Credit, Economy, Equities, Technicals | 0

Last week, equity bulls stepped up in time to save a rising 14-month trend line on the S&P 500. A similar trend line has been breached on the Nasdaq 100, which acts weak. It is just a matter of time … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of May 11, 2021. 10-year note: Currently net long 1.2k, up 8.5k. FOMC minutes for the April 27-28 meeting will be made public on Wednesday. The meeting was a non-event – pretty much. … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of May 4, 2021. 10-year note: Currently net short 7.2k, up 63k. Treasury Secretary Janet Yellen stated on Tuesday that “it may be that interest rates will have to rise somewhat to make … Continued