The following are futures positions of non-commercials as of January 13 (Tuesday). Change is week-over-week. Dollar index and E-mini S&P 500 are noticeable. 10-year note: Did non-commercials get squeezed a little this week? By Tuesday, the 10-year yield had dropped … Continued
Bounces are normal within established downtrends 2015 starts out lousy; selling/shorting rallies ka-ching so far this year Should Draghi disappoint next week and U.S. stocks get sold, weakness probably gets bought For ardent believers of “as goes January, so goes … Continued
2014 on track for 3rd successive year of $300bn-plus high-yield issuance; energy 15% of junk market By not cutting 30mn bpd production target, OPEC ready to lock horns with shale oil As both sides play game of ‘who will blink … Continued
Small-caps continue to lag their larger brethren RUT sitting on three-month resistance, breakout could be crucial Breakout not probable as bulls have already used up plenty of energy past five weeks Enough ink has been spilled over the issue of … Continued