29 Feb 2016

U.S. Stocks’ Path Of Least Resistance ↓ – At Least Near Term

by | posted in: Commodities, Economy, Equities, Technicals | 0

Arguably, if U.S. stocks followed crude oil or economic data, they probably would be a lot lower. Operating earnings of S&P 500 companies peaked at $29.60 in 3Q14, and have been decelerating since.  With 474 companies having reported 4Q15 (as … Continued

27 Feb 2016

CoT: Peek Into Future Through Futures

by | posted in: Commodities, Credit, Currency, Derivatives, Economy, Equities, Technicals | 0

The following are futures positions of non-commercials as of February 23, 2016.  Change is week-over-week. 10-year note: Negative interest rates have suddenly become the topic du jour.  Last month, Japan waded into negative interest rate policy (NIRP).  This was totally … Continued