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.
Monday, 7 February 2011
Cash for Banks, Bearish on Natural Gas and Bonds
I've just updated my latest signals table based on Friday's COT data. Signals taking effect on this week's open: cash for the BKX Bank Index, and bearish for natural gas and the 30-year Treasury bond (meaning the yield would rise). See the table for more details. Sorry for getting to this so late and for the truncated report today! Good luck this week.
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2 comments:
Alex, wouldn't being bearish in T-bonds mean that yield will rises as price is the inverse of yields? Thanks
Hi KillerV,
You're right. Thanks for spotting that. I've corrected the post.
Regards,
Alex
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