Following futures positions of non-commercials are as of August 18, 2026. 10-year note: Currently net short 947k, up 31.9k. Treasury Secretary Scott Bessent is taking on the bond market and could very well be on a collision course with the … Continued
The Nasdaq 100 continues to lag, while the Russell 2000 last week followed on the footsteps of the S&P 500 with a breakout of its own. Bearish investor sentiment in the meantime is hitting lows that in the past marked … Continued
Following futures positions of non-commercials are as of August 11, 2026. 10-year note: Currently net short 915.1k, down 64.2k. FOMC minutes for the July 28-29 meeting will be published on Wednesday. During the meeting, the fed funds rate was left … Continued
Broader large-caps broke out to a new high last week responding to a dismal July jobs report and lower oil prices, even as small-caps seem poised for a breakout. But the tech-heavy Nasdaq 100 will need a solid week to … Continued
Following futures positions of non-commercials are as of August 4, 2026. 10-year note: Currently net short 979.2k, up 103.1k. Newly appointed Federal Reserve Chairman Kevin Warsh must be heaving a sigh of relief. As head of the central bank starting … Continued
With more than three-fifths of S&P 500 companies having reported June-quarter results, investor attention is likely to gradually shift elsewhere looking for catalysts. This void likely gets filled by the Fed and the rejuvenated debate around inflation in the weeks … Continued
Following futures positions of non-commercials are as of July 28, 2026. 10-year note: Currently net short 876.1k, down 3.6k. Markets are having a tough time adjusting to a new Federal Reserve chair. As head of the central bank starting May … Continued
The three major equity indices are all down from their recent all-time highs and closed last week right on – or in slight breach of – potentially important support. A decisive breakdown will meaningfully swing the odds to bears’ favor. … Continued
Following futures positions of non-commercials are as of July 21, 2026. 10-year note: Currently net short 879.7k, up 48k. The FOMC (Federal Open Market Committee) meets next week (28-29), and this will be the second meeting chaired by newly appointed … Continued
Going back several weeks, even months, equity bears have had their chances, but to no avail. But they are staying put with their bearish bias. In fact, they are increasingly getting more aggressive. Short interest on both the Nasdaq and … Continued