Ever wonder what the smart money is doing in the markets? You don’t need to pay big bucks to find out. Just read the Commodity Futures Trading Commission’s free weekly Commitments of Traders report. The CFTC’s COT data is a Holy Grail of market info, listing trillions of dollars in positions in 200+ markets – gold, crude oil, natural gas, silver, forex, equity indexes and lots more. My trading system, which I posted about here for seven years, gave weekly trading signals based on the COT data.
Thursday, 13 September 2007
In the News: Dollar Rout, Market Rot
Just put up some interesting new news posts at the "COTs & CFTC News Feed" page (see the Navigation bar). One is on how the U.S. dollar is trading near a record low against the Euro. In fact, the U.S. Dollar Index is now lower than at any time since Sept. 1992, when it fell to 78.43. Overnight, it fell below 79.15, before recovering this morning to 79.38. Also interesting is a website I hadn't heard of before, StockBrokerFraudBlog.com. It scrutinizes the woefully lax regulatory enforcement of the markets.
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1 comment:
I have been searching for and reading various blogs hoping to find suitable ones to link to in my blog. I especially have come to like yours. I was wondering if you would like to exchange links.
Dereck
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