Silver: Why The Metal Should Follow Gold Higher Soon
Two weeks ago, I attended and spoke on a panel at the spring edition of the Swiss Mining Institute investment conference. This year we were witnessing all-time highs in gold prices. I was asked if I thought this was finally going to be a true breakout for precious metals. As always, I gave my honest […]
Looking Into The Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of April 2, 2024.10-year note: Currently net short 570k, down 8.4k.Minutes for the March 19-20 FOMC meeting are due out Wednesday. At this point, no one probably cares what the members discussed in a meeting that took place three weeks ago. A lot has happened since then.Economic data […]
Speculator Extremes: Silver, Gasoline & Peso Lead Bullish & Bearish Positions Here Are This Week’s Most Bullish Speculator Positions: This Week’s Most Bearish Speculator Positions:
The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on April 2nd.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.To signify an extreme position, […]
MicroMarvel – Atossa Therapeutics
What we call “Micro Marvels” are undercovered stocks with less than a billion dollars in Market Capitalization. These articles are not intended to be buy recommendations. They highlight stocks that may have limited trading volume and may be highly volatile, so if you do decide to add them to your portfolio I highly recommend you […]
AI Surge Ending: Only One Category Was Up This Week
Photo by Steve Johnson on UnsplashAn IntroductionRecent articles here have suggested that the AI sector was weakening, and that was clearly evident in the results of March and confirmed this week. The Global X Artificial Intelligence & Technology ETF (AIQ) of 91 constituents – which best reflects the AI sector as a whole – had gone up 8.4% […]
Trend Change Implications – April 2024
S&P 500 didn’t produce even a fake opening upswing going for 5,235 – straight down since the bell through 5,207 led by tech. Bad breadth got even worse, bond market of course failed to recover Thursday‘s lost ground (preceding hot CPI and PPI called will introduce more stagflationary vibes alongside slowing down GDP growth), yet rate cut odds haven’t […]
Speculators Drop Swiss Franc Bets For 9th Week To Most Bearish Since 2019 Weekly Speculator Bets led by British Pound & Australian Dollar Currencies Net Speculators Leaderboard Strength Scores led by Mexican Peso & British Pound Bitcoin & Mexican Peso top the 6-Week Strength Trends
Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest Commitment of Traders (COT) data is updated through Tuesday April 2nd and shows a quick view of how large market participants (for-profit speculators and for-profit speculators) were positioned in the futures markets. All currency positions are in direct relation to […]
Stocks Experiencing A Short-Term Pullback
Image Source: PixabayThe PMO appears to be near the bottom of its range, and the momentum indicator of the advance/decline line has turned lower. This would indicate that most stocks are experiencing a short-term pullback in price.The Summation has also turned lower, confirming the indicators shown in the previous chart.The major indexes have spent the last two […]
GBP/JPY Price Analysis: Climbed, But Buyers Targeted 191.00
Image Source: Pixabay The GBP/JPY currency pair hovered near the week’s highs on Friday, as it displayed a cautious uptrend despite recording lower highs. Support was seen at the 190.96 level, while resistance was seen at the 192.00 mark. The market seemed to focus on technical indicators, while many looked to the global economy for future direction. […]
3 Stocks To Tap Growth And Value In The Software & Services Industry
Image: BigstockThe outlook for the Internet Software & Services industry appears strong. Estimates have increased substantially over the past year, as pandemic-related aberrations have normalized and companies have executed strongly on their strategies. With a number of players adopting a subscription model, the predictability and stability of performance continues to improve.The chances of a recession […]
