Sunday 29 July 2012

Copper to Cash, Bond Bearish

Two signals take effect on the coming week's open of trading based on the latest Commitments of Traders report: copper goes to cash after two weeks bearish, and the 30-year Treasury bond goes bearish (meaning yields would go up, if the signal is correct).

All other signals remain the same: bullish for SPX and silver, bearish for NDX and natural gas, and cash for the other markets I follow.

See the detailed trader positioning from the CFTC's COT data on my newly updated latest signals table. Good luck this week!

Sunday 22 July 2012

Gold to Cash; Gas, NDX Bearish

Three signals take effect on this coming week's open of trading based on the latest Commitments of Traders data from the CFTC. See my latest signals table for details:

- Gold to cash after a good long while bullish.

- Natural gas goes to bearish.

- Nasdaq-100 goes bearish.

All other signals remain the same this week. Good luck!

Sunday 15 July 2012

Nasdaq-100 Goes to Cash, Copper Bearish After Four Months in Cash

Two signals take effect on Monday's open of trading based on Friday's Commitments of Traders report from the Commodity Futures Trading Commission.

My Nasdaq-100 signal goes from bearish last week to cash this week, and my setup for copper goes bearish after four months in cash. The latter signal comes about because of an increase in bearishness of the commercial traders in copper futures and options.

See my latest signals table for more details on trader positioning in these two markets. Also see which two other markets are about to see new signals in the next two weeks.

Hope you had a good weekend, and good luck this week.

Tuesday 10 July 2012

New COT Signals: Banks and Crude to Cash, Nasdaq-100 Bearish

Finally got my signals from the latest holiday-delayed Commitments of Traders report now up on my latest signals table. New signals taking effect on this week's open:

- BKX Bank Index: goes to cash
- Nasdaq-100: goes bearish
- crude oil: goes to cash

Sorry for the delay in posting these. Had a busy time, and couldn't get to it sooner. Now off to trade these new positions.

Good luck the rest of this week.

Friday 6 July 2012

Holiday Delay

This week's usually scheduled Commitments of Traders report from the Commodity Futures Trading Commission is delayed until Monday afternoon because of the July 4 holiday. Have a good weekend! See you back here after Monday's release.

Sunday 1 July 2012

COT Data Turns Bullish for Crude Oil

A new signal takes effect on the coming week's open of trading based on Friday's Commitments of Traders report from the Commodity Futures Trading Commission: bullish for crude oil.

That's based on the small traders getting significantly more bullish in their futures and options positioning as a percentage of the total open interest. My crude oil signal is based on following the small traders and fading the large speculators.

See my latest signals table for more details on the crude positioning and what traders are doing in the other nine markets I'm following using the CFTC's free weekly COT report data.

My other signals remain the same as last week: bullish for the S&P 500, BKX U.S. Bank Index, gold and silver.

To Canadian readers, have a Happy Canada Day weekend, and U.S. readers have a Happy July 4. Good luck next week.