Even as options traders continue to remain complacent but doing so are minting money, non-commercial futures traders just turned bearish on tech shares. Amidst this, some early signs of fatigue are showing up in small-caps, although cash keeps setting new … Continued
Following futures positions of non-commercials are as of October 12, 2021. 10-year note: Currently net long 156k, up 14.7k. Last Friday’s high of 1.62 percent on the 10-year treasury yield represents a lower high versus 1.77 percent posted in March … Continued
Job openings are at record highs. Of its dual mandate of maximum employment and price stability, the Fed is singlehandedly focused on the former, being oblivious to rising consumer prices. If these openings get gradually filled, resulting in continued upward … Continued