Following futures positions of non-commercials are as of April 10, 2018. 10-year note: Currently net short 330.6k, down 44.7k. Annual core CPI rose stronger-than-expected 2.12 percent in March. This was the first year-over-year reading with a two handle in a … Continued
Gold is hammering on crucial resistance. This has been going on for a while now. A breakout will happen – sooner or later. Kudos to the gold bugs, they are at it again. Once again, they are hammering on resistance … Continued
After President Donald Trump won the election last November, U.S. bonds and stocks had a massive positive reaction. The former sold off, the latter rallied. On November 8 (election day), TLT, the iShares 20+ year Treasury bond ETF, closed at … Continued
The following are futures positions of non-commercials as of May 12, 2015. Change is week-over-week. 10-year note: If we just focus on weekly closing prices, the 10-year yield had a lackluster week – essentially flat. Nothing could be further from … Continued
Major U.S. indices reversed from early strength yesterday. As a matter of fact, it took less than an hour – half an hour in most cases – before things began to turn south. From the S&P 500 large cap index … Continued