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

Following futures positions of non-commercials are as of January 16, 2018. 10-year note: Currently net short 89.3k, down 107.6k. A Bloomberg article last week about China beginning to weigh slowing or halting purchases of U.S. Treasurys gave the bond market … Continued

VIX On Verge Of Forming Potentially Bullish 10- And 20-DMA Crossover

posted in: Derivatives, Equities, Technicals | 0

Amidst persistent volatility suppression, rays of hope are emerging for volatility bulls.  From their perspective, spot VIX is showing some encouraging action. VIX remains oversold on nearly all timeframe.  It has remained that way for a while.  In less than … Continued

Gold Breaks Out Of September 2011 Trendline

Just when one thought the North Korean crisis had died down, Kim Jong-un fires another missile.  Did gold anticipate this?  On Monday, the metal scored what could turn out to be an important breakout. To be fair, gold reached a … Continued

ITB close to breaking crucial support

posted in: Economy, Equities, Technicals | 0

U.S. home builder sentiment chirpy, near multi-year highs Just a matter of time before sentiment follows home sales/starts lower Stocks follow builder sentiment; ITB perilously close to breaking crucial support Hope springs eternal.  U.S. home builders are an optimistic bunch.  … Continued