The following are futures positions of non-commercials as of November 10, 2015. Change is week-over-week. (Due to Veterans Day, a Federal holiday, last week, the CFTC released numbers on Monday.) 10-year note: “Muted global economic growth will not support a … Continued
The following are futures positions of non-commercials as of November 3, 2015. Change is week-over-week. 10-year note: Three prominent Fed officials tried to convince the markets this week that December was in play in earnest. Testifying before the House Financial … Continued
The following are futures positions of non-commercials as of October 27, 2015. Change is week-over-week. 10-year note: Once again, the Fed took a pass. Its decision this week not to raise interest rates was expected. What was not expected was … Continued
The S&P 500 index rallied 0.9 percent last week – its third consecutive up week. Off the September 29th intra-day low, it is now up 8.7 percent (Chart 1). That is in 14 sessions! This is too fast, and probably … Continued
The following are futures positions of non-commercials as of September 8, 2015. Change is week-over-week. 10-year note: More jawboning this week! Following in the footsteps of Christine Lagarde, IMF managing director, Kaushik Basu, World Bank chief economist, says the Fed … Continued
In the right circumstances, U.S. stocks have room to rally – at least in the near-term. After the recent pullback, U.S.-based stock funds attracted $14.1 billion in the week ended July 8 – biggest inflows since mid-December (courtesy of Lipper). … Continued
Bloomberg poll: international investors most bullish on U.S. markets in more than five years Giddy sentiment in agreement with message coming out of NAAIM and II Inflows from overseas key; as of November they are MIA Some interesting tidbit came … Continued