Following futures positions of non-commercials are as of August 24, 2021. 10-year note: Currently net long 113.3k, down 31.9k. It turned out to be quite an anticlimax – Federal Reserve Chair Jerome Powell’s virtual speech at the Jackson Hole symposium, … Continued
Following futures positions of non-commercials are as of July 6, 2021. 10-year note: Currently net short 25.6k, down 34.4k. On Tuesday, slicing through low-1.40s, the 10-year (1.36 percent) broke not one, two but triple support – four-month descending channel, 11-month … Continued
With subtle signs of distribution hitting major equity indices in recent sessions, results from the top six US companies – all tech – could not have come at a more important juncture. The 1Q21 earnings season is one fourth through. … Continued