COTs Timer

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, 20 January 2013

Banks Go Bullish; Gas, Crude in Cash

Three signals take effect on the coming week's trading based on the latest Commitments of Traders data:

- cash for natural gas (then bearish in a week's time)

- bullish for the BKX U.S. Bank Index
- cash for crude oil

Other signals remain the same. See my latest signals table for all the details on the latest trader positioning as revealed by the free weekly COT reports from the U.S. Commodity Futures Trading Commission.

Good luck next week - and happy birthday to me!

5 comments:

剪剪貼貼剪剪又貼貼 said...: Happy Birthday!; 21 January 2013 at 03:44
Treasuries Blog said...: What do you make of the divergence between bullish bank signals and bearish stock market indicators?

Scot; 24 January 2013 at 17:22
Unknown said...: Happy Birthday!! Tku so much for all the hard work you share with us every week. Hope your Birthday Wish comes true!; 27 January 2013 at 11:13
Unknown said...: Happy Birthday!! Tku so much for all the hard work you share with us every week. Hope your Birthday Wish comes true!; 27 January 2013 at 11:14
Alex Roslin said...: Thanks so much for the birthday wishes! Scot, it's fairly common for signals to contradict each other at times. In this case, the bank signal was very short-term, lasting only a week, while the SPX signal is quite long-term. So in that sense, both signals could be right because they cover differing timeframes. The goal is for the signal to be profitable between open and close of the trade.

Regards,
Alex; 27 January 2013 at 13:38

About This Site

I am an active trader and award-winning investigative journalist based in Lac Brome in Quebec's Eastern Townships, just outside Montreal. I have written about investing and business for The Montreal Gazette, Investor's Digest of Canada, Technical Analysis of Stocks & Commodities, Futures & Options Trader, The Financial Post and others. I am not a certified financial advisor and am still refining my COTs Timer system. Please see more disclaimer information below. See my complete profile at the "Intro to COT" link above.

DISCLAIMER

I created this blog to record my personal, subjective observations about the markets, solely for my entertainment and that of interested readers and to foster research. Nothing on this blog should be construed as financial advice or an offer or recommendation to purchase or sell any security. I encourage anyone interested in the markets to do your own homework and/or consult a professional advisor. I am not a certified financial advisor and am still refining my trading system. I reserve the right to modify or stop publishing aspects of my system at any time or to delay updating my tables for whatever reason, or I may not do so in a timely manner. My system has resulted in very large drawdowns in some trades. Past backtested and real-time results are no guarantee of future performance. I will not be liable for any losses or damages of any kind that result from the content of this site. Although I consider the data, calculations and information on this blog to be reliable, I can't make any guarantees and won't be held liable or responsible for anything erroneous on this website. You are solely responsible for implementing safeguards of your data and system when you use this site and its content and links. It is up to the user of this site and content to protect yourself from worms, trojan horses, viruses and the like. I may hold positions in some of the securities mentioned in this blog.