Hope you have a great weekend and good luck next week. Tune back in early next week for a portfolio update. Happy Holidays!
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.
Friday, 17 December 2010
Treasury Bond Signal From Bearish to Bullish
Not much to report this week from the Commitments of Traders data. See my latest signals table for the details. The only new trade to take effect on Monday's open of trading is to sell my bearish position in the 30-year Treasury bond and go long. That one's worked out pretty nicely. So has my bearish position in natural gas, which has one more week to run; that setup then goes bullish on the open of the week of Dec. 27.
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