28 Jul 2014

Odds of continuation — or a lack thereof — of divergence between large- and small-caps

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

There was an article on MarketWatch.com on Friday entitled “Why lagging small caps might not bring down the S&P 500.”  The title says it all.  The story seeks to justify why prevailing weakness in U.S. small-caps is not a cause … Continued

16 Jun 2014

Large speculators in e-mini S&P futures have for several weeks been accumulating shorts and cutting longs

by | posted in: Derivatives, Equities, Technicals | 0

There are some interesting things happening in e-mini S&P 500 futures.  First, non-commercials are now net short 121k contracts, nearly double from two weeks ago.  In the intervening period, the S&P 500 index has managed to inch up, having backed … Continued