Peek into future through futures

The following are futures positions of non-commercials as of April 7, 2015.  Change is week-over-week. 10-year note: Interesting times, indeed!  Mexico this week issued a 100-year bond denominated in euros.  This is not the first time that nation has tapped … Continued

Limp signal out of vol of vol, but VIX:VXV probably sides with bulls N/T

posted in: Derivatives, Equities | 0

Both bulls and bears holding on to turf; S&P 500 remains range-bound VIX:VXV pokes head out of oversold zone but unable to make further progress Volatility of volatility jumped to highest four months ago; in no-man’s land currently Bulls and … Continued

Peek into future through futures

The following are futures positions of non-commercials as of March 31, 2015.  Change is week-over-week. 10-year note: At some point, the streak had to end.  For 12 months to February, U.S. non-farm payroll grew 200k-plus month-over-month.  Consensus was for that … Continued

Peer into future through futures

The following are futures positions of non-commercials as of March 24, 2015.  Change is week-over-week. 10-year note: After what these traders heard out of the FOMC last week, they decided to step on the accelerator.  Net shorts went up 67 … Continued

Peek into future through futures

The following are futures positions of non-commercials as of March 17, 2015.  Change is week-over-week. 10-year note: What a week!  In four out of the five sessions, the 10-year yield fell – down 18 basis points for the week.  On … Continued

Peek into future through futures

The following are futures positions of non-commercials as of March 10.  Change is week-over-week. 10-year note: 10-year yields shed another 13 basis points in the week.  Nonetheless, note owners continued to sell near 2.04 percent.  And these traders, in agreement, … Continued

Peek into future through futures

The following are futures positions of non-commercials as of March 3.  Change is week-over-week. 10-year note: They continued to add to net shorts, and it has so far backfired.  Post-jobs report Friday, the 10-year yield shot up 13 basis points. … Continued

‘Buy the dips’ in process of transitioning into ‘sell the rallies’?

’15 growth in revenue/earnings expected to decelerate for most S&P 500 sectors Signal from options market points to probable pressure ahead for equities S&P 500 looks set to at least test if recent breakout was genuine At first glance, U.S. … Continued

Peek into future through futures

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

Peek into future through futures

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