CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of February 23, 2016.  Change is week-over-week. 10-year note: Negative interest rates have suddenly become the topic du jour.  Last month, Japan waded into negative interest rate policy (NIRP).  This was totally … Continued

Judge oil-and-gas employment situation through Challenger windshield not BLS’ rearview mirror

posted in: Commodities, Economy | 0

BLS’ January oil-and-gas-extraction data gives false sense of security Challenger survey shows 20k energy job-cuts in Jan, more than in all of 2014 Boom bust normal in U.S. oil patch, but shale boom of last five years like no other … Continued