Gold Gets No Love, But Trying To Stabilize – Dec ’15 Trend Line Defended

It is increasingly getting difficult to discern if US markets are in risk-on or risk-off mode.  There is a bid under the long end of the sovereign bond market.  This in general is a risk-off behavior.  Both the S&P 500 … Continued

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

Following futures positions of non-commercials are as of June 19, 2018. 10-year note: Currently net short 359.5k, up 23.5k. Volatility remains suppressed – pretty much across the investing landscape.  In US equities, both small-caps and tech – considered risk-on – … Continued

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

Following futures positions of non-commercials are as of June 12, 2018. 10-year note: Currently net short 336k, down 61.6k. With this week’s 25-basis-point raise, the fed funds rate now stands at 175-200 basis points, up 175 basis points since December … Continued

Dec ’16 Trend Line Defended – Decent Odds Gold Recaptures Broken Support

Gold faced pressure after running into resistance six weeks ago.  The subsequent drop cost the metal long-term support at $1,300-plus.  Gold bugs were not ready to give in that easy, though.  They defended a rising trend line from December 2016.  … Continued

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

Following futures positions of non-commercials are as of May 22, 2018. 10-year note: Currently net short 358.6k, down 23.3k. Ten-year Treasury yields (2.93 percent) bottomed intraday at 2.72 percent on April 2, then quickly rose to 3.12 percent on May … Continued