Long And Short Of Short Interest

posted in: Equities, Technicals | 0

Here is a brief review of period-over-period change in short interest in the November 16-30 period in nine S&P 500 sectors. XLB (SPDR materials ETF) In a shooting star session on December 4, XLB (59.51) rose to a new all-time … Continued

Credit Call Spread To Take Advantage Of Potential Downward Pressure On QQQ N/T

posted in: Derivatives, Equities, Technicals | 0

Unless momentum changes swiftly, the tech-dominated Nasdaq 100 index once again is beginning to lag, creating opportunities for nimble traders. The Nasdaq 100 has come a long way.  It is up nearly 29 percent this year – much more than … Continued

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

Following futures positions of non-commercials are as of Nov 28, 2017. 10-year note: Currently net long 123.9k, up 12.9k. The U.S. economy is in its ninth year of recovery. Post-Great Recession, real GDP has grown at an average 2.2 percent.  … Continued

Russell 2000 Perking Up – Lasting Or Not Likely Gets Decided By Non-Commercials

Small-caps have sprung back to life in recent sessions. Since peaking at 1514.94 on October 5 through the intraday low of 1454.17 last Wednesday, the Russell 2000 small cap index (1503.40) shed four percent.  It was a slow drip-drip move … Continued

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

Following futures positions of non-commercials are as of Nov 7, 2017. 10-year note: Currently net long 50.1k, up 47.3k. It was yet another instance of 10-year Treasury yields wilting well before even getting close to 2.6 percent.  Are they sending … Continued

Hated Bull Market? Some Truth To That, But In Aggregate Has Been Fully Embraced

posted in: Credit, Equities, Technicals | 0

Equity bulls often assert that this is the most hated bull market ever.  There is some – with emphasis on ‘some’ – truth to that, particularly if we focus on short interest. U.S. stocks reached an important bottom in January/February … Continued

Long And Short Of Short Interest

posted in: Equities, Technicals | 0

XLB (SPDR materials ETF) XLB (58.96) is up 3.8 percent month-to-date, and is on pace to rally 12 straight months, with short squeeze helping. In this context, Monday’s reversal candle just outside the daily upper Bollinger band may or may … Continued

Ten-Year T-Yields Back Up, But Still Under Crucial 2.62%

posted in: Credit, Economy, Technicals | 0

U.S. Treasury yields have come under upward pressure for nearly a month and a half, although the increase has not been uniform across the curve. The yield curve (spread between the two- and 10-year) last Friday was only 79 basis … Continued

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