Nikkei, Crude to Cash

Two signals taking effect on today's open of trading. My trading setups for the Nikkei and crude oil both go to cash. See my latest signals table for the details on these and my other setups based on trader positioning as reported in the weekly Commitments of Traders reports issued by the U.S. Commodity Futures Trading Commission. In other markets, my natural gas signal goes from bearish to cash on Nov. 7, while my copper setup goes from bearish to cash on Nov. 21. Good luck this week, and Happy Halloween.

Nikkei Bullish, Bond to Cash

A couple of signals taking effect on Monday's open of trading: cash for my 30-year Treasury bond setup and bullish for the Nikkei. See my newly updated latest signals table for more details on trader positioning and signals for these and the other markets I follow using the Commitments of Traders reports issued weekly for free by the U.S. Commodity Futures Trading Commission.

Existing signals that continue this coming week: bearish for the BKX U.S. Bank Index, bearish for crude oil (that setup goes to cash on Oct. 31), bullish for gold, bearish for natural gas and bearish for copper (that setup goes to cash on Nov. 21). Hope you had a good weekend, and good luck this week.

Trader Positioning Bearish for Copper and Natural Gas

Two signals for Monday's open of trading: bearish for my natural gas trading setup and bearish for copper. Check my newly updated latest signals table to see details on trader positioning and signals for these and the other markets I follow using the weekly Commitments of Traders reports issued by the U.S. Commodity Futures Trading Commission. Good luck next week.

Slew of Sells From Latest Trader Data

Woah - a slew of red bearish signals on my newly updated latest signals table. Looks like the bloodbath that is the markets these days. So you thought the correction was over and we're in the clear with this little bounce? Ha. The Commitments of Traders data does not agree with you.

Of course, the traders whose positioning the COT data reflects aren't always right. Nobody is. Here's a snapshot of some of those signals. You'll have to check the signals table for details on the COT positioning for each market.

- S&P 500: still in cash after being stopped out of a bullish signal in August.

- BKX U.S. Bank Index: bearish on next week's open of trading.

- Crude oil: bearish on next week's open.

- Gold: last week's bullish signal still in effect next week.

- Nikkei: in cash like last week.

- Natural gas: last week's bearish signal ends. This setup goes to cash on next week's open.

- 30-year Treasury bond: bullish last week, still bullish next week.

- Copper: in cash next week, going bearish the week after (on the open the week of Oct. 17).

Hope you have a good weekend, and good luck next week. Should be nutty! Happy Thanksgiving to Canadian readers.

Data Bullish for Bullion and Bond

A slew of new signals to report for tomorrow's open of trading and the coming weeks. See my newly updated latest signals table for all the details based on the latest weekly Commitments of Traders data on how the biggest market players are positioned in the markets. For newbies, my COTs Timer trading strategy gives signals in eight markets based on past patterns of COT trader derivatives positioning that reliably signaled moves in price action. Here are some highlights from the latest COT data:

- Gold: The huge sell-off in bullion has spooked lots of folks. Good time to buy? Or is that just "losers averaging losers," to paraphrase Paul Tudor Jones. (Smart guy!) In this case, the COT data suggests the wrong-way large speculator crowd is at extremes of bearishness in its futures and options positioning. As my table shows, the large spec net position is now down to 2.5 standard deviations below average as a percentage of the total open interest. That's historically tended to lead to upward price moves.

- 30-year Treasury bond: My setup for the bond also goes bullish on Monday's open of trading.

See my signals table for more upcoming signals. Good luck next week.