Following futures positions of non-commercials are as of February 12, 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
The sharp decline in US stocks last October-December forced the Fed to do a 360 as relates to its campaign to tighten monetary policy. The dovish shift apparently wants to unleash animal spirits. Investors have obliged – thus far. Will … Continued
Following futures positions of non-commercials are as of February 5, 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
With higher lows since the December 2015 trough, gold finds itself right underneath major resistance. A breakout would speak volumes about the global economy and how major central banks would react in response. Near-term notwithstanding, gold bugs deserve the benefit … Continued
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
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
Here is a brief review of period-over-period change in short interest in the January 16-31 period in 10 S&P 500 sectors. XLB (SPDR materials ETF) Shorts continued to cut back in the second half of January, as XLB (52.78) kept … Continued
Major US equity indices are facing moving-average as well as Fibonacci resistance. The path of least resistance is down near term, with decent support not too far away. For this to hold, money-market funds hold the key. Since peaking at … Continued