Bulls, Bears Likely Lock Horns Around 2600 On S&P 500 Next

It is probably not coincidental that US stocks and Treasury yields peaked together early October.  The 10-year rate is right near support and has room to rally near term.  This should bode well for equity bulls who last week put … Continued

Small-Caps Last Week Continued To Bleed But Performed Relatively Better – Signal Or Noise?

US stocks continued to take it on the chin last week.  Amidst this rout that began early October, small-caps last week performed relatively better.  Bulls hope this is a signal, not a noise, at least near term. US M2 money … Continued

S&P 500 Continues To Try To Stabilize – Stocks Need Major Sources Of Funds To Cooperate

posted in: Equities, Technicals | 0

US stocks are trying to stabilize after a decent drawdown.  How things evolve will depend a lot on how margin debt, money-market fund assets and foreigners’ purchases evolve in the weeks/months to come. After a seven-session, 7.8-percent decline intraday between … Continued

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

Following futures positions of non-commercials are as of September 18, 2018. 10-year note: Currently net short 684.7k, up 2k. The 10-year Treasury rate (3.07 percent) has once again reached a battle zone.  The last time these notes yielded just north … Continued