18 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 14, 2015.  Change is week-over-week. 10-year note: The 10-year yield fell in all five sessions.  Friday could have been different as March core CPI was initially treated as hawkish, but … Continued

2 Dec 2014

2015 S&P 500 earnings estimates far from reflect oil reality

by | posted in: Economy, Equities | 0

Facing lower earnings, several oil companies already plan to cut 2015 capex U.S. energy sector accounts for whopping one-third of S&P 500 capex Given drop in oil price, ‘15 S&P 500 EPS estimates too optimistic Oil’s sharp drop can reverberate … Continued