Natural Gas, Silver to Cash

Two signals go to cash on next week's open of trading based on the latest Commitments of Traders data: natural gas and silver.

That means eight of my 10 signals based on the free weekly COT reports will be in cash.

Only the S&P 500 and the 30-year Treasury bond are bullish.

See my latest signals table for detailed numbers on trader positioning in all 10 markets to see if you can figure out what it all means.

Good luck this week, and Happy Canada Day to Canadian readers.

Also, Happy Fourth of July to U.S. readers later in the week.

Nasdaq-100 Signal to Cash After Three Months Bullish

Two signals take effect on the coming week's open of trading based on the latest Commitments of Traders data from the U.S. Commodity Futures Trading Commission:

- cash for the Nasdaq-100 (which has been bullish three months, since March 17)
- bullish for the 30-year Treasury bond (which means the bond yield would fall)

See my latest signals table for details on trader positioning in these and the other eight markets I trade using the free weekly COT reports. Other signals remain the same as last week.

Good luck this week, and to Quebec readers, Joyeuse St-Jean!

S&P 500 Goes Bullish: COT Data

"Smart money" commercial hedgers are betting big on the equities rally, if positioning in S&P 500 futures and options is any guide.

The latest Commitments of Traders report shows commercials boosting their net futures and options position to 1.9 standard deviations above the recent average, up from 1.11 standard deviations last week.

My SPX position moves from bearish to bullish on the coming week's open of trading thanks to the bullish commercial trader positioning.

See my latest signals table for more details on the positioning in this and the other nine markets I trader using the free weekly COT data from the U.S. Commodity Futures Trading Commission.

Good luck this week, and Happy Father's Day to my dad and all the other dad readers out there. Hope you had a great day.

S&P 500 Sentiment Keeps Looking Up, While Banks, Crude and Copper Cash Out: COT Reports

Three signals take effect on this week's open of trading thanks to the latest Commitments of Traders data.

It's cash for the BKX U.S. Bank Index, crude oil and copper based on my reading of the COT reports issued free weekly by the U.S. Commodity Futures Trading Commission.

Meanwhile, "smart money" commercial hedger sentiment in S&P 500 futures and options continues to improve, as you can see on my latest signals table.

My SPX signal goes from bearish to bullish on next week's open of trading (i.e. the week of June 16).

Good luck this week.

S&P 500 Traders Love the Rally; Natural Gas Goes Bearish: CFTC's COT Report

"Smart money" commercial hedgers are giving the all-clear sign for an equities rally, according to Friday's Commitments of Traders report from the U.S. Commodity Futures Trading Commission.

Commercial traders in S&P 500 futures and options continued a seven-week build-up in their net position as a portion of total open interest.

Their positioning has flipped my signal from bearish, which it has been since April 14, to bullish, with a trade delay of two weeks. That means the signal takes effect the open of trading the week of June 16.

See my latest signals table for more details on trader positioning in the S&P 500 and the other nine markets I trade using the free weekly COT reports.

My signal for the BKX U.S. Bank Index, a benchmark of U.S. financials, also goes bullish, but this one with no trade delay -- i.e. taking effect on this week's open of trading.

As well, natural gas goes from cash to bearish on this week's open, while crude oil goes bullish.

Good luck this week.