Party hard, but dance near exit

posted in: Economy, Equities | 0

Sideways move in stocks – just a pause or sign of fatigue after six-year run? Several different measures point to gradual buildup in complacency over the years Human nature not to want to leave party early, which is fine unless … Continued

Peer into future through futures

The following are futures positions of non-commercials as of March 24, 2015.  Change is week-over-week. 10-year note: After what these traders heard out of the FOMC last week, they decided to step on the accelerator.  Net shorts went up 67 … Continued

Short interest dynamics between NYSE and Nasdaq, and in SMH and IBB

posted in: Equities | 0

NYSE short interest rises to match mid-Oct highs, diverges from Nasdaq Within Nasdaq, shorts aggressive in pure tech, but less so in biotech Relatively low short interest on IBB probably does not help longs It is getting a little difficult … Continued

Short interest fuel aplenty, can bulls exploit?

posted in: Equities | 0

Bulls have consistently climbed wall of worry, that is, elevated short interest Past 3 months, Naz/NYSE short interest sideways, shorts giving up? Hedgopia Risk Reward Index pokes head out of reward zone Post-FOMC, Wednesday sure felt like a session in … Continued

Squeezed and hurt, shorts likely to begin to rebuild position in XLU, XLE, IWM

posted in: Equities, Technicals | 0

Short interest inched up on NYSE and Nasdaq, and hovers near multi-year highs Shorts squeezed out of several sector ETFs since mid-Oct bottom in stocks Shorts probably will get active and rebuild position in XLU, XLE, IWM Short interest inched … Continued

Can bulls continue to climb wall of elevated short interest worry?

posted in: Equities | 0

Bull markets need fuel for continued push higher. Money can leave other asset classes, such as bonds, and into stocks.  Or, they can come out of, let us say, money-market funds into stocks.  Foreigners can raise net purchases of U.S. … Continued