Here is a brief review of period-over-period change in short interest in the September 17-28 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB (55.70) fell out of a slightly rising ascending channel last week. This preceded rejection … Continued
Wednesday, the Fed hiked by 25 basis points and the FOMC dot plot continued to forecast another hike this year and three more next. The 10-year T-rate lost four basis points in that session. It increasingly looks like $116 on … Continued
Here is a brief review of period-over-period change in short interest in the September 4-14 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB (59.40) short interest is at an eight-month high. On September 20, the ETF was … Continued
Following futures positions of non-commercials are as of September 18, 2018. 10-year note: Currently net short 684.7k, up 2k. The 10-year Treasury rate (3.07 percent) has once again reached a battle zone. The last time these notes yielded just north … Continued
The 10-year Treasury yield is at it again, trying to convincingly break out of just north of three percent. Shorts have done very well in the past year. They will mint money should a breakout occur. A lack thereof also … Continued
Following futures positions of non-commercials are as of September 11, 2018. 10-year note: Currently net short 682.7k, down 73. The 10-year Treasury rate (2.99 percent) rose from 2.81 percent on August 22 to Friday’s high of three percent. At least … Continued
Here is a brief review of period-over-period change in short interest in the August 16-31 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB (59.20) continues to go back and forth around its 50- and 200-day moving averages … Continued
Following futures positions of non-commercials are as of September 4, 2018. 10-year note: Currently net short 682.8k, up 152.9k. Bulls and bears went back and forth this week around the 50-day moving average until Friday when the 10-year rate (2.94 … Continued
The Nasdaq 100 index enjoyed a mini-breakout Tuesday, only to find itself right underneath seven-month channel resistance. A breakout would be massive. Could shorts come to longs’ rescue in due course? The tech-heavy Nasdaq 100 (7570.25) Tuesday rose to yet … Continued
Here is a brief review of period-over-period change in short interest in the August 1-15 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB ($59.13) mid-August once again successfully tested support at $57. As if anticipating this, shorts … Continued