Sunday, 20 January 2013

Banks Go Bullish; Gas, Crude in Cash

Three signals take effect on the coming week's trading based on the latest Commitments of Traders data:

- cash for natural gas (then bearish in a week's time)
- bullish for the BKX U.S. Bank Index
- cash for crude oil

Other signals remain the same. See my latest signals table for all the details on the latest trader positioning as revealed by the free weekly COT reports from the U.S. Commodity Futures Trading Commission.

Good luck next week - and happy birthday to me!

6 comments:

剪剪貼貼剪剪又貼貼 said...

Happy Birthday!

剪剪貼貼剪剪又貼貼 said...

Happy Birthday!

Treasuries Blog said...

What do you make of the divergence between bullish bank signals and bearish stock market indicators?

Scot

Gerald Morris said...

Happy Birthday!! Tku so much for all the hard work you share with us every week. Hope your Birthday Wish comes true!

Gerald Morris said...

Happy Birthday!! Tku so much for all the hard work you share with us every week. Hope your Birthday Wish comes true!

Alex Roslin said...

Thanks so much for the birthday wishes! Scot, it's fairly common for signals to contradict each other at times. In this case, the bank signal was very short-term, lasting only a week, while the SPX signal is quite long-term. So in that sense, both signals could be right because they cover differing timeframes. The goal is for the signal to be profitable between open and close of the trade.

Regards,
Alex