21 Apr 2015

Bear call spread, to benefit from potential pressure on XLE near-term

by | posted in: Derivatives, Equities, Technicals | 0

XLE ($82.22), the energy ETF, seems to want to go lower near-term. Since the mid-January low of $71.22, it has carved out a pattern of higher lows, and higher highs, hence now finds itself in a slightly upward sloping channel.  … Continued

11 Apr 2015

Peek into future through futures

by | posted in: Commodities, Credit, Currency, Derivatives, Economy, Equities, Technicals | 0

The following are futures positions of non-commercials as of April 7, 2015.  Change is week-over-week. 10-year note: Interesting times, indeed!  Mexico this week issued a 100-year bond denominated in euros.  This is not the first time that nation has tapped … Continued