Also note that I've made a few corrections to some of the data because of a data inputing mistake caught by a couple of alert readers. (Thanks!) No changes were needed to existing signals, but my upcoming natural gas signal for the coming week's open is now bearish (as reported above), instead of bullish as I had previously thought.
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 150 markets – gold, crude oil, natural gas, silver, forex, equity indexes and lots more. My trading system, which I continue to refine, gives me weekly buy and sell signals based on the COT trader data.
Monday, February 21, 2011
Bearish on Gas and Bonds
My trading signals for natural gas and the 30-year Treasury bond both go to bearish on the coming week's open of trading. All other signals in my COTs Timer trading system remain the same as last week (cash for the S&P 500, BKX U.S. Bank Index, the Nikkei and crude oil and bullish for gold). See my newly updated latest signals table for more details from last Friday's weekly Commitments of Traders release from the CFTC.
Saturday, February 12, 2011
Gas, Bond from Bearish to Cash
Another nice signal from my natural gas trading setup last week. On Monday's open of trading, that setup goes back to cash. It will then go bearish the following week (on Feb. 21), as detailed on my newly updated latest signals table. All other signals remain the same (gold is bullish, everything else in cash), except for my setup for the 30-year Treasury. That one also goes from bearish to cash this coming week, but then returns to bearish on Feb. 21. Have a good weekend, and good luck next week.
Monday, February 7, 2011
Cash for Banks, Bearish on Natural Gas and Bonds
I've just updated my latest signals table based on Friday's COT data. Signals taking effect on this week's open: cash for the BKX Bank Index, and bearish for natural gas and the 30-year Treasury bond (meaning the yield would rise). See the table for more details. Sorry for getting to this so late and for the truncated report today! Good luck this week.
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