COTs Timer: CFTC Data Bearish for Bond

Tuesday, 30 April 2013

CFTC Data Bearish for Bond

A couple of signals worth noting based on the latest Commitments of Traders data from the CFTC:

- Bearish for the 30-year Treasury bond (meaning bullish for the yield), taking effect on this week's open. That's because of excessively bullish positioning in bond futures and options by the commercial hedgers and small traders - both of whom I fade.

- Cash for natural gas next week. My signal has been bullish since March 25 and will remain so this week. It goes to cash on next week's open of trading.

See my latest signals table for more details on the latest trader positioning in the 10 markets I'm trading using the free weekly COT reports of the U.S. Commodity Futures Trading Commission.

Sorry again for the delayed post this week. I was travelling over the weekend from Costa Rica, but I'm back home now just in time for some beautiful Canadian spring weather. Good luck this week.

No comments:

Post a Comment

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.