20 Jun 2020

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

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

Following futures positions of non-commercials are as of June 16, 2020. 10-year note: Currently net short 10.9k, down 13.1k. Foreigners are aggressively getting out of the US sovereign bond market.  In March and April, they sold $475.6 billion in Treasury … Continued

8 Jun 2020

Overbought Can Stay Overbought Longer Than Expected; In The End, Law Of Gravity Will Prevail

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

Stocks are ripping higher.  Sentiment is exuberant.  Several technical indicators are extended.  The Fed’s aggressive action was a catalyst in March when major US equity indices bottomed.  Its asset holdings continue to grow, but the pace of growth has decelerated.  … Continued