Determined not to let go of nearly four-month support, small-cap bulls once again stepped up to the plate Monday. From down 1.4 percent intraday to close the session up 0.2 percent, the Russell 2000 small cap index initially got pushed … Continued
Here is a brief review of period-over-period change in short interest in the February 16-28 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq – short interest ↑ 0.5% p/p; Nasdaq composite ↑ 0.1% … Continued
Following futures positions of non-commercials are as of February 14, 2017. 10-year note: On February 15, 10-year yields hit 2.52 percent before retreating. That high tagged a declining trend line from December 15 when yields hit 2.62 percent intraday. This … 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 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
Following futures positions of non-commercials are as of November 22, 2016. 10-year note: Like that, 10-year Treasury yields rallied north of 100 basis points in four and a half months – from the all-time low 1.34 percent on July 6 … Continued
Equity bears have been rewarded the past couple of weeks, with the S&P 500 large cap index down 1.6 percent. There is likely more reward medium term, but near-term is a toss-up. In the wake of the 2.5-percent drop on … Continued
The following are futures positions of non-commercials as of May 3, 2016. Change is week-over-week. 10-year note: Last week, the Bank of Japan shocked markets by not adding to its stimulus program. The yen jumped 2.4 percent. This week, the … Continued
March sales of existing and new homes were a mixed bag, with the former up 5.1 percent month-over-month to a seasonally adjusted annual rate of 5.33 million units, and the latter down 1.5 percent m/m to 511,000 units. Post-bubble, sales … Continued