Here is a brief review of period-over-period change in short interest in the December 16-29 (2017) period in nine S&P 500 sectors. XLB (SPDR materials ETF) Already up 3.2 percent for the month/year, XLB (62.47) stayed with the daily upper … Continued
Here is a brief review of period-over-period change in short interest in the December 1-15 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB (60.37) continued to grind higher all along the daily upper Bollinger band, rising to … Continued
Here is a brief review of period-over-period change in short interest in the November 16-30 period in nine S&P 500 sectors. XLB (SPDR materials ETF) In a shooting star session on December 4, XLB (59.51) rose to a new all-time … Continued
Here is a brief review of period-over-period change in short interest in the November 1-15 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB (59.14) peaked at 59.62 on October 26. The bears were able to push the … Continued
Here is a brief review of period-over-period change in short interest in the October 16-31 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB (58.20) peaked at 59.62 on the 26th. There are signs of distribution of late. … Continued
The US dollar index (93.44) of late is showing some nice price action. Will it be enough to lead non-commercials to begin to accumulate net longs in US dollar index futures? A sustained rally can reverberate through a whole host … Continued
Dollar bulls are staring at yet another opportunity to step up and defend support. The U.S. dollar index rallied 13 percent between 91.88 in May 2016 and 103.82 early January this year, which was the highest since December 2002. Since … Continued
Following futures positions of non-commercials are as of December 20, 2016. 10-year note: Ten-year Treasury yields peaked at 15.8 percent in September 1981, then dropping to 1.39 percent by July 2012. In July this year, those lows were slightly undercut; the … Continued
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
Post-Trump victory, the Treasury yield curve has moved up as well as steepened, with the 10-year yield rising 47 basis points to 2.34 percent. Yields have risen one full point since the July 6th all-time low of 1.34 percent. Inflation … Continued