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, 31 January 2008
New Story: "Bullish Signal for Gold Stocks"
Apologies for not filing my promised post here with more details on last Friday's Commitments of Traders report. I've been occupied with refining my trading setups, and time just slipped away. Sorry! For your reading entertainment, I thought I'd at least include a link to my report for this week at Kitco.com on the bullion scene and the greenback. It's titled "Bullish Signal for Gold Stocks." Click here to check that out. I'll be back here Friday with my usual weekly signals, if not sooner with more announcements about revised trading setups based on the COTs data. Good luck this week!
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1 comment:
Alex:
I have read your recent setup for Gold and Silver. These are good ones. Gold and silver, and their stocks, ETF funds, and Mutual Funds have preformed so well during the current correction. Now Gold reached its highest prices in the history, and started a minor correction. This is a good time to get in, especially silver that will zoom up pretty soon. Thanks for the good call from COTS data.
Sincerely
GY Zhao
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