Woulda Coulda Shoulda – This Is What Needs To Happen For Sustained Rally In Stocks N/T

posted in: Derivatives, Equities, Technicals | 0

U.S. stocks had a very good week last week. The S&P 500 large cap index rallied 2.3 percent, Dow Industrials 2.1 percent, both Nasdaq 100 index and Russell 2000 small cap index 3.4 percent, among others. The rally comes in … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of May 24, 2016.  Change is week-over-week. 10-year note: Was that a yay or nay from Janet Yellen, Fed chair? In an interview at Harvard University on Friday, she said that an … Continued

Equity Bulls Better Off Distinguishing Between Near- And Medium-Term

posted in: Derivatives, Equities, Technicals | 0

U.S. equities had a powerful session on Tuesday, followed by another good session on Wednesday.  Volume could have been a little better on major U.S. indices but price spoke loud and clear. The Nasdaq 100 surged 2.1 percent on Tuesday, … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of May 17, 2016.  Change is week-over-week. 10-year note: More jawboning this week! Last week, three regional bank presidents – Eric Rosengren (Boston), Loretta Mester (Cleveland), and Esther George (Kansas City) – … Continued

S&P 500 Index: 200-DMA Path Of Least Resistance?

A week ago last Friday, U.S. stocks opened lower reacting to less-than-expected rise in April’s non-farm payroll.  As the session progressed, bids showed up, as traders began to price in lesser odds of a rate hike in June. Turns out … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of May 10, 2016.  Change is week-over-week. 10-year note: Three FOMC voting members were on full jawboning mode on Thursday. Eric Rosengren, Boston Fed president, said markets are underestimating the likelihood of … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of May 3, 2016.  Change is week-over-week. 10-year note: Last week, the Bank of Japan shocked markets by not adding to its stimulus program.  The yen jumped 2.4 percent.  This week, the … Continued

Mar 09 Broken Trend Line Resistance Holds on Russell 2000, M- To N-T Support Lost

Versus large-caps, small-caps inherently suffer from shorter operational history, less access to capital, lower trading liquidity, lack of support from most mutual funds, lack of familiarity, lack of/less Wall Street research, and what not. Understandably, they are regarded as risky.  … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of April 26, 2016.  Change is week-over-week. 10-year note: Two different central-bank meetings, and two different market reactions this week. Haruhiko Kuroda, Bank of Japan governor, has a habit of surprising the … Continued