Following futures positions of non-commercials are as of Oct 17, 2017. 10-year note: Currently net long 106.3k, down 86.3k. If Politico is to be believed, President Trump is leaning toward Jerome Powell, Fed governor, for the next Federal Reserve chair. … Continued
Here is a brief review of period-over-period change in short interest in the August 16-31 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq After three weeks of lingering, the composite (6454.28) pushed past … Continued
With XLF (SPDR financial ETF) short interest near a multi-month low and the Treasury yield curve continuing to come under pressure, U.S. financials are acting weak, even breaking down. Back in March this year, XLF unsuccessfully tested the prior high … Continued
Here is a brief review of period-over-period change in short interest in the August 1-15 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq Since the composite (6271.33) rallied to a new all-time high … Continued
Here is a brief review of period-over-period change in short interest in the July 17-31 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq Back on June 9, the composite (6352.33) developed a big … Continued
Here is a brief review of period-over-period change in short interest in the December 16-30 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. There has been widespread decline in short interest. Nasdaq – short … Continued
Following futures positions of non-commercials are as of January 3, 2017. 10-year note: Tuesday brought December’s ISM manufacturing index, which rose 1.5 points month-over-month to a two-year high 54.7; orders jumped 6.8 points m/m to a 25-month high. Ten-year yields … Continued
The following are futures positions of non-commercials as of October 11, 2016. 10-year note: In late September, Janet Yellen, Fed chair, said the bank might be able to help the U.S. economy in a downturn if it could buy stocks … Continued
If the past couple of weeks were an indication, bulls and bears are locked in a vicious tug of war over the near- and medium-term direction of crude oil. From the February 11th low to the June 9th high, spot … Continued
Since spot West Texas Intermediate crude bottomed intra-day at $26.05/barrel on February 11th and began to rally, resistance points have fallen one after another. First went $34-$35, then $40, followed by $42-$43 and then $47-$48 (Chart 1), rallying past both … Continued