COTs Timer: Bearish Lean Deepens in Trader Data; Short Copper, S&P 500, NDX and Crude

Sunday, 13 January 2013

Bearish Lean Deepens in Trader Data; Short Copper, S&P 500, NDX and Crude

Trader positioning continues leaning in a bearish direction, with one more market flipping into the bearish column: copper.

That makes four of my signals bearish. The others are S&P 500, Nasdaq-100 and crude oil. As well, the 30-year Treasury is bullish - a generally bearish development for equities.

The Nikkei is the only equity market remaining bullish in my trading system based on the weekly Commitments of Traders data.

Among commodities, gold and natural gas are bullish (but gas goes to cash in a week's time). Silver is in cash, as is the BKX U.S. Bank Index.

See my latest signals table for more details on trader positioning in the markets I'm trading using the free COT data issued by the U.S. Commodity Futures Trading Commission.

Good luck next week, and Happy New Year to Ukrainian readers! (Veseloho Novoho Roku!)

4 comments:

Unknown said...: Huge fan of the blog. Any plans to update the DIY link?; 20 January 2013 at 11:46
Alex Roslin said...: Hi Robert,

Yes, very sorry about the looooong delay. Been bsy settling in here for the winter in sunny and beautiful Costa Rica, but I'll get to it soon. Thanks for the reminder.

Pura vida,
Alex; 20 January 2013 at 22:17
Unknown said...: Good Deal! Thank you & Happy Birthday!; 21 January 2013 at 18:26
Alex Roslin said...: Thanks, Robert!; 27 January 2013 at 13:39

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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.