As Banks Get Ready To Report 3Q, KBE At Crucial Juncture; Breakout Can Set Off Short Squeeze, Short Interest At Nearly 3-Year High

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Financials will start reporting 3Q results pre-open tomorrow. From May’s low, KBE has rallied into potentially crucial resistance. A breakout can trigger short squeeze. KBE short interest just shot up. The September-quarter earnings season is upon us. Customarily, financials will … Continued

Equity Bulls Put Foot Down, Reflex Rally Due; Potential Catalysts Include 3Q Earnings And 10-Year T-Yield

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With high-single-digit losses in major US stock indices since mid- to late-July, bulls made it clear last week they are putting their foot down. A reflex rally is probable. The 3Q earnings season begins in earnest later this week, and … Continued

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

Following futures positions of non-commercials are as of July 11, 2023. 10-year note: Currently net short 635.1k, down 145.5k. Last week’s channel breakout did not amount to much this week. Last October, the 10-year treasury yield retreated after tagging 4.33 … Continued

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

Following futures positions of non-commercials are as of July 3, 2023. 10-year note: Currently net short 780.7k, down 20.3k. Non-commercials’ persistence is paying off. They are – have been – sitting on loads of net shorts in 10-year note futures, … Continued

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

Following futures positions of non-commercials are as of June 13, 2023. 10-year note: Currently net short 691.9k, down 61.8k. Non-commercials reduced net shorts in 10-year note futures for the second week in a row. In the last couple of weeks, … Continued

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

Following futures positions of non-commercials are as of May 30, 2023. 10-year note: Currently net short 850.4k, up 78.8k. Non-commercials are hanging on to a losing trade. The 10-year treasury yield retreated last October after touching 4.33 percent. Just a … Continued

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

Following futures positions of non-commercials are as of April 18, 2023. 10-year note: Currently net short 680.1k, up 41k. Non-commercials added another 41,004 contracts to their already-elevated holdings of net shorts in 10-year note futures. The 680,081 count is the … Continued

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

Following futures positions of non-commercials are as of April 11, 2023. 10-year note: Currently net short 639k, up 18k. The 10-year treasury yield (3.52 percent) dropped from 4.33 percent last October to the low six sessions ago of 3.25 percent. … Continued