COTs Timer: Crude Oil to Cash

Sunday 14 April 2013

Crude Oil to Cash

Not much change in trader positioning this week, according to Friday's Commitments of Traders report from the CFTC.

A single new signal takes effect on this week's open of trading: cash for my crude oil signal.

Otherwise, my signals remain the same (as you can see on my latest signals table):

- bullish for the S&P 500
- cash for the BKX U.S. Bank Index
- bearish for the Nasdaq-100
- bullish for natural gas
- bullish for the Nikkei
- bullish for gold
- bullish for silver
- cash for copper
- cash for the 30-year Treasury bond

Good luck this week!

4 comments:

Galiper said...: hmmm... bullish for Gold and Silver huh ? :/; 16 April 2013 at 15:53
Alex Roslin said...: Thanks for your message, Galiper. Yes, some signals don't work, as I'm very clear about on this blog! Please check my FAQs page for more on signals that don't seem to be working.

Best regards,
Alex; 20 April 2013 at 12:08
Unknown said...: I have a doubt. Precious metal usually are generally negatively correlated with stock market. How come they all rise together?; 28 April 2013 at 02:24
Alex Roslin said...: Hi Mukunda,

Thanks for your comment. There hasn't been a negative correlation in recent years. Gold had a 0.28 correlation with the S&P 500 between 1995 and 2007.

In any case, that doesn't matter for my signals, which are mechanically generated.

And even if two markets have a negative correlation in the long run, they can still move in the same direction over shorter periods of time within that longer horizon.

Regards,
Alex; 30 April 2013 at 15:53

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About This Site

I am an active trader and award-winning investigative journalist based in Lac Brome in Quebec's Eastern Townships, just outside Montreal. I have written about investing and business for The Montreal Gazette, Investor's Digest of Canada, Technical Analysis of Stocks & Commodities, Futures & Options Trader, The Financial Post and others. I am not a certified financial advisor and am still refining my COTs Timer system. Please see more disclaimer information below. See my complete profile at the "Intro to COT" link above.

DISCLAIMER

I created this blog to record my personal, subjective observations about the markets, solely for my entertainment and that of interested readers and to foster research. Nothing on this blog should be construed as financial advice or an offer or recommendation to purchase or sell any security. I encourage anyone interested in the markets to do your own homework and/or consult a professional advisor. I am not a certified financial advisor and am still refining my trading system. I reserve the right to modify or stop publishing aspects of my system at any time or to delay updating my tables for whatever reason, or I may not do so in a timely manner. My system has resulted in very large drawdowns in some trades. Past backtested and real-time results are no guarantee of future performance. I will not be liable for any losses or damages of any kind that result from the content of this site. Although I consider the data, calculations and information on this blog to be reliable, I can't make any guarantees and won't be held liable or responsible for anything erroneous on this website. You are solely responsible for implementing safeguards of your data and system when you use this site and its content and links. It is up to the user of this site and content to protect yourself from worms, trojan horses, viruses and the like. I may hold positions in some of the securities mentioned in this blog.