Non-Commercials Deftly Riding Small-Cap Momentum – Watch Out When They Turn Tail

Back in the week ended July 5 this year, non-commercials enthusiastically held 315,963 net longs in gold futures.  That was an all-time high.  These traders had been aggressively building positions since the week ended December 1 last year, when net … Continued

As Goes Crude Oil, So Go Stocks Near Term

posted in: Commodities, Equities, Technicals | 0

Crude oil sits at a critical juncture.  Depending on which way it breaks probably decides stocks’ path of least resistance near term. Last week, OPEC announced its commitment to cutting output to between 32.5 million barrels per day and 33 … Continued