The following are futures positions of non-commercials as of February 24 (Tuesday). Change is week-over-week. 10-year note: Non-commercials are doing it again. They increased net shorts by 63 percent in the latest reporting period. Turns out they picked a wrong … Continued
The following are futures positions of non-commercials as of February 17 (Tuesday). Change is week-over-week. 10-year note: The 10-year yield had been trending down within a channel since it peaked on December 30, 2013 at three percent. Early this year, … Continued
Amidst deteriorating U.S. earnings picture and geopolitical uncertainty, stocks resilient Major indices break out, but how much buying power did bulls expend? Breakouts deserve respect, unless they are proven false Are U.S. equities trying to tell us something? Almost out … Continued
The following are futures positions of non-commercials as of February 10 (Tuesday). Change is week-over-week. 10-year note: The 10-year yield tacked on another seven basis points for the week. Daily indicators are now grossly overbought. It is also right at … Continued
The following are futures positions of non-commercials as of February 3 (Tuesday). Change is week-over-week. 10-year note: The 10-year yield has risen from 1.65 to 1.94 in five sessions. But it also dropped 52 basis points in January, and that … Continued
U.S. stocks shake off early weakness before carving out major reversal Bulls step up to plate, refuse to give away support zones on major indices VIX and ISEE index suggest stocks’ path of least resistance probably up N/T If you … Continued
The following are futures positions of non-commercials as of January 27 (Tuesday). Change is week-over-week. 10-year note: Can we say squeeze? Since the end of December, net shorts have dropped 59 percent, even as the 10-year yield has collapsed 50 … Continued
The following are futures positions of non-commercials as of January 20 (Tuesday). Change is week-over-week. Dollar index, gold and euro jump out the most. 10-year note: It seems non-commercials’ patience is wearing thin. On top of that, this has not … Continued
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