CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of August 7, 2018. 10-year note: Currently net short 586.3k, down 3.8k. The 10-year Treasury yield (2.86 percent) continues to work on a potentially bearish head-and-shoulders formation.  On August 1, it hit 3.02 … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of July 31, 2018. 10-year note: Currently net short 590.1k, up 80.6k. The first paragraph of this week’s FOMC statement contains the word “strong” twice and “strongly” once in describing the economy.  This … Continued

Nasdaq 100 Defends 50DMA But Unconvincingly, Bulls Can’t Afford Weekly Chart To Take Over

posted in: Equities, Technicals | 0

The top five in the Nasdaq 100 are done reporting 2Q.  They have had their post-earnings reaction – mostly positive.  This is occurring even as the index just got repelled at six-month channel resistance.  If bulls do not put their … Continued

QQQ Retreats After Testing Channel Resistance – Covered Put Possible Strategy

QQQ made an all-time high last week, but failed at channel resistance.  With the 2Q earnings season winding down, shorts may have better odds. QQQ (Invesco QQQ Trust) hit a new all-time high of $182.93 last Wednesday.  It has had … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of July 17, 2018. 10-year note: Currently net short 469.1k, up 30k. Speaking to Congress in his Humphrey-Hawkins testimony this week, Jerome Powell, Fed chair, downplayed the risks posed by debt, saying nothing … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of July 10, 2018. 10-year note: Currently net short 439.1k, down 60.9k. News this week that the Trump administration planned to impose tariffs on another $200 billion worth of imports from China resulted … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of June 12, 2018. 10-year note: Currently net short 336k, down 61.6k. With this week’s 25-basis-point raise, the fed funds rate now stands at 175-200 basis points, up 175 basis points since December … Continued