S&P 500 Refuses To Buckle Under, But Sentiment Complacent Near Term

posted in: Derivatives, Equities, Technicals | 0

U.S. equity bulls regained momentum last week, but this also put near-term sentiment at/near complacency. Since rising to an all-time high of 2490.87 on August 8, the S&P 500 large cap index was bound by a falling trend line (Chart … Continued

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

Following futures positions of non-commercials are as of Aug 29, 2017. 10-year note: Currently net long 283.7k, up 22.5k. Hurricane Harvey may have given the Fed an excuse not to hike come December.  At least that is how markets are … Continued

Ray Of Hope – At Least Near Term – For Bruised Volatility Bulls

posted in: Derivatives, Equities, Technicals | 0

The lack of volatility in volatility is once again giving rise to the phrase ‘it is different this time”.  If past is any guide, it seldom is. Spot VIX just created a record. VIX goes back to January 1990.  In … Continued

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

Following futures positions of non-commercials are as of July 18, 2017. 10-year note: Currently net long 282.3k, up 25.3k. Through Wednesday, $1.1 billion moved into TLT (iShares 20+year Treasury bond ETF) this month (courtesy of ETF.com). In late April, non-commercials … Continued

CoT: Peek Into Future Through Futures

Following futures positions of non-commercials are as of December 13, 2016. 10-year note: With the Fed this week having raised by 25 basis points the fed funds target rate to a range of 0.5 percent to 0.75 percent, its conventional … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of October 18, 2016. 10-year note: Both China and Japan reduced their holdings of Treasury notes and bonds in August – the former by a whopping $33.7 billion and the latter by … Continued