Mixed bag of new signals taking effect on Monday's open of trading:
- bullish for the BKX U.S. Bank Index (this based on bullish positioning in the three-month Eurodollar contract)
- bearish for the Nikkei Stock Average
- cash for the 30-year Treasury bond
Meanwhile, my lovely and talented natural gas setup is still bullish, and knock on wood, doing very nicely indeed. Gold is also doing well in bullish mode.
The signals are based on my setups built around the Commitments of Traders reports, those nifty free weekly reports on trillions of dollars of derivatives positioning in nearly 150 markets, issued by the good people at the U.S. Commodity Futures Trading Commission, God love em. See more details on the positioning in these and the other markets I follow on my latest signals table. Good luck this week.
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.
Sunday, 29 January 2012
Monday, 23 January 2012
Copper to Cash; Going for Gold and Gas
Three signals take effect on today's open of trading based on my COTs Timer strategy: cash for copper and bullish for gold and natural gas. Sorry about the last-minute update this week. I'm away in Costa Rica! Beautiful place, and very nice people, but oh so very hot! Check my latest signals table for more details on these and my other setups. Good luck this week.
Monday, 16 January 2012
SPX Small Traders Get Excessively Bullish
The wrong-way small traders have gotten excessively bullish in their positioning in S&P 500 futures and options, according to the latest Commitments of Traders report. That's helped push my setup for the S&P 500 into the bearish column with a three-week trade delay, meaning the trade takes effect the open of the week of Feb. 5.
Meanwhile, my BKX Bank Index setup has gone to cash this week.
See the details for these and the other COT data I am following with my COTs Timer system on my newly updated latest signals table.
Sorry about the delayed post this week. I was on the road travelling to beautiful and sunny Costa Rica. What a gorgeous place! Good luck this week.
Meanwhile, my BKX Bank Index setup has gone to cash this week.
See the details for these and the other COT data I am following with my COTs Timer system on my newly updated latest signals table.
Sorry about the delayed post this week. I was on the road travelling to beautiful and sunny Costa Rica. What a gorgeous place! Good luck this week.
Sunday, 8 January 2012
Banks Bearish, Copper and Bond Bullish
U.S. banks are bearish as of this week's open of trading, according to my trading setup for the BKX U.S. Bank Index based on the Commitments of Traders reports. Copper, on the other hand, goes bullish, as does my setup for the 30-year Treasury bond. Check out the details on my latest signals table. Good luck this week.
Sunday, 1 January 2012
New Year Means Cash for Nikkei and Natural Gas
Happy New Year! I've just updated my latest signals table based on Friday's Commitments of Traders data from the U.S. Commodity Futures Trading Commission. Signals taking effect the first week of 2012: Nikkei and natural gas to cash. See the table for more fascinating details about trader positioning in the eight markets I'm following with my COTs Timer trading strategy.
Thanks to readers for following this blog and your feedback over the last year and since I started it in 2007. I've learned more from readers' comments than I could have imagined, and that's helped me improve this trading system immeasurably. I hope 2011 was a good year for you and your loved ones and that 2012 is your best year so far. May all your dreams come true.
Thanks to readers for following this blog and your feedback over the last year and since I started it in 2007. I've learned more from readers' comments than I could have imagined, and that's helped me improve this trading system immeasurably. I hope 2011 was a good year for you and your loved ones and that 2012 is your best year so far. May all your dreams come true.
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