CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of April 26, 2016.  Change is week-over-week. 10-year note: Two different central-bank meetings, and two different market reactions this week. Haruhiko Kuroda, Bank of Japan governor, has a habit of surprising the … Continued

S&P 500 Caught Between Squeeze Fuel Running Dry And Imminent Golden Cross

With five sessions to go in April, the Nasdaq 100 index (4474.19) is down 0.2 percent, while the Russell 2000 small cap index (1146.69) is up 2.9 percent.  Last week made a big difference, as the former was down 1.5 … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of April 19, 2016.  Change is week-over-week. 10-year note: That this is even being discussed in the press and among economists is a sign of how insane things have gotten in central … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of March 8, 2016.  Change is week-over-week. 10-year note: The FOMC meets next week, and it is a given.  They will stand pat on interest rate, but the dot plot likely sees … Continued

Exiting XLE Long — With Small Profit

To say that energy stocks are back in favor will be an exaggeration, but they have perked up of late. Off the January 20th intra-day low, XLE, the SPDR Energy ETF, has rallied north of 16 percent.  That is in … Continued

Rally Odds Growing, But Upside Potential Probably Limited

posted in: Derivatives, Equities, Technicals | 0

U.S. stocks have gone 12 straight sessions without even a sliver of a bounce.  About time for a reprieve? Between the December 29th intra-day high and January 15th low, the S&P 500 and Dow Industrials each lost 10.8 percent, the … Continued