Archive for investing – Page 2

WTI Crude Oil Speculators cut back on bullish bets for 3rd time out of last 4 weeks

October 6th 2018 – By CountingPips.comReceive our weekly COT Reports by Email

WTI Crude Oil Non-Commercial Speculator Positions:

Large energy speculators lowered their bullish net positions again in the WTI Crude Oil futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 548,909 contracts in the data reported through Tuesday October 2nd. This was a weekly reduction of -11,176 contracts from the previous week which had a total of 560,085 net contracts.

The WTI crude speculative position has now fallen three times out of the past four weeks and for the sixth time out of the past nine weeks. The current standing remains highly bullish by historical standards but has now remained under the +600,000 net contract level for the eighth consecutive week.

WTI Crude Oil Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -583,629 contracts on the week. This was a weekly uptick of 12,561 contracts from the total net of -596,190 contracts reported the previous week.

WTI Crude Oil Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the WTI Crude Oil Futures (Front Month) closed at approximately $75.23 which was a rise of $2.95 from the previous close of $72.28, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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10-Year Note Speculators slightly trimmed bearish bets off record high level

October 6th 2018 – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators reduced their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -740,192 contracts in the data reported through Tuesday October 2nd. This was a weekly gain of 16,124 contracts from the previous week which had a total of -756,316 net contracts.

The speculative bearish position fell slightly this week after surging to a record high bearish level last week over the -750,000 contract level. The current standing remains over the -740,000 contract threshold for a second week and is over the -680,000 net contract level for the fifth straight week.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 812,324 contracts on the week. This was a weekly loss of -34,369 contracts from the total net of 846,693 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $118.813 which was a boost of $0.36 from the previous close of $118.453, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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Bitcoin Speculators raised their bearish net positions this week

October 6th 2018 – By CountingPips.comReceive our weekly COT Reports by Email

Bitcoin Non-Commercial Speculator Positions:

Large cryptocurrency speculators increased their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Bitcoin futures, traded by large speculators and hedge funds, totaled a net position of -1,297 contracts in the data reported through Tuesday October 2nd. This was a weekly lowering of -124 contracts from the previous week which had a total of -1,173 net contracts.

Speculative traders added to their bearish bets this week after shedding bearish bets last week to the lowest since the start of Bitcoin futures trading.

Meanwhile, the small traders position, which is on the opposite side of this market than the speculators, increased their existing bullish positions this week by an equally offsetting 124 contracts to a current bullish level of 1,297 net contracts.

Bitcoin Futures COT Data is Speculators vs Small Traders

The Bitcoin futures data is in its forty-second week since the start of the cryptocurrency futures data releases on December 19th 2017. The data includes trader classifications of only speculators and small traders and without any commercial traders (typically business hedgers or producers of a commodity).

Speculators remain on the bearish side as they have since the beginning of the bitcoin data releases while the small traders have continued to be on the bullish side of this cryptocurrency market.

Bitcoin Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Bitcoin Futures (Front Month) closed at approximately $6,510 which was an uptick of $155 from the previous close of $6,355, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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Gold Speculators increased their bearish bets for 3rd week, highest since 2001

October 6th 2018 – By CountingPips.comReceive our weekly COT Reports by Email

Gold Non-Commercial Speculator Positions:

Large precious metals speculators added to their bearish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of -21,822 contracts in the data reported through Tuesday October 2nd. This was a weekly decline of -4,174 contracts from the previous week which had a total of -17,648 net contracts.

The speculative bearish position rose for the third consecutive week and for the fourth time out of the past five weeks. The current standing is now above the -20,000 net contract level for the first time since December of 2001. This week marked the eighth straight week that gold speculator bets have been in bearish territory.

Gold Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 8,875 contracts on the week. This was a weekly gain of 1,795 contracts from the total net of 7,080 contracts reported the previous week.

Gold Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Gold Futures (Front Month) closed at approximately $1207.00 which was a rise of $1.90 from the previous close of $1205.10, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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S&P500 Mini Speculators pushed bullish bets to highest level in 22 weeks

October 6th 2018 – By CountingPips.comReceive our weekly COT Reports by Email

S&P500 Mini Non-Commercial Speculator Positions:

Large stock market speculators continued to boost their bullish net positions in the S&P500 Mini futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of S&P500 Mini futures, traded by large speculators and hedge funds, totaled a net position of 228,035 contracts in the data reported through Tuesday October 2nd. This was a weekly increase of 30,119 contracts from the previous week which had a total of 197,916 net contracts.

The speculative bullish position has now risen strongly for three straight weeks and by a total of 105,815 contracts over that time-frame. The current standing is now at the highest bullish level since May 1st when the net position totaled 229,233 contracts.

S&P500 Mini Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -257,477 contracts on the week. This was a weekly loss of -9,798 contracts from the total net of -247,679 contracts reported the previous week.

S&P500 Mini Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the S&P500 Mini Futures (Front Month) closed at approximately $2928.5 which was a rise of $7.25 from the previous close of $2921.25, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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VIX Speculators continued to push their bearish bets higher

October 6th 2018 – By CountingPips.comReceive our weekly COT Reports by Email

VIX Non-Commercial Speculator Positions:

Large volatility speculators once again raised their bearish net positions in the VIX futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of VIX futures, traded by large speculators and hedge funds, totaled a net position of -140,444 contracts in the data reported through Tuesday October 2nd. This was a weekly decline of -669 contracts from the previous week which had a total of -139,775 net contracts.

Speculators edged their bearish bets higher and raised them for a second straight week as well as for the tenth time out of the past thirteen weeks. The overall standing is now at the most bearish level since November 7th of 2017 which is a span of forty-seven weeks.

VIX Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 146,759 contracts on the week. This was a weekly gain of 2,793 contracts from the total net of 143,966 contracts reported the previous week.

VIX Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the VIX Futures (Front Month) closed at approximately $13.97 which was a drop of $-0.10 from the previous close of $14.07, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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Silver Speculators reduced their bearish bets for fourth week

October 6th 2018 – By CountingPips.comReceive our weekly COT Reports by Email

Silver Non-Commercial Speculator Positions:

Large precious metals speculators cut back on their bearish net positions in the Silver futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of -17,498 contracts in the data reported through Tuesday October 2nd. This was a weekly gain of 5,757 contracts from the previous week which had a total of -23,255 net contracts.

The speculative bearish position has now declined for four straight weeks after having risen for the previous five weeks in a row. Overall, the silver speculator position has now been in bearish territory for eight consecutive weeks but has now fallen below the -20,000 contract threshold for the first time in the past five weeks.

Silver Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -1,012 contracts on the week. This was a weekly drop of -6,398 contracts from the total net of 5,386 contracts reported the previous week.

Silver Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Silver Futures (Front Month) closed at approximately $1469.30 which was an advance of $20.00 from the previous close of $1449.30, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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Copper Speculators boosted their net positions for 3rd straight week

October 6th 2018 – By CountingPips.comReceive our weekly COT Reports by Email

Copper Non-Commercial Speculator Positions:

Large metals speculators advanced their bullish net positions in the Copper futures markets again this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 11,975 contracts in the data reported through Tuesday October 2nd. This was a weekly gain of 871 contracts from the previous week which had a total of 11,104 net contracts.

The copper speculative position has now had gains in bullish bets for three straight weeks. The gains have pushed the net position into bullish territory for the second consecutive week following three straights weeks of the net position residing in bearish territory. The current standing is now at the most bullish level since July 10th.

Copper Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -13,272 contracts on the week. This was a weekly loss of -1,544 contracts from the total net of -11,728 contracts reported the previous week.

Copper Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Copper Futures (Front Month) closed at approximately $280.65 which was a loss of $-1.70 from the previous close of $282.35, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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Currency Speculators trim USD Index bets, boost Yen bearishness. CAD, GBP & MXN bets gain

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US Dollar Index Non-Commercial Speculator Positions:

The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and speculators slightly trimmed their bullish bets for the US Dollar Index while sharply boosting their bearish bets for the Japanese yen.

The non-commercial futures contracts of US Dollar Index futures, traded by large speculators and hedge funds, totaled a net position of 37,009 contracts in the data reported through Tuesday September 25th. This was a weekly decrease of -447 contracts from the previous week which had a total of 37,456 net contracts.

The speculative position in the USD Index fell for just the second time in the past twenty-three weeks as the spec sentiment has gone from slightly bearish to strongly bullish in that time-span. The current standing for the USD Index now remains above the +30,000 net contract level for the eighth consecutive week.


Individual Currencies Data this week:

In the individual currency contracts data, we saw four substantial changes (+ or – 10,000 contracts) in the speculators category.

British pound sterling bets rebounded this week with a gain by over +12,000 contracts after falling by over -18,000 last week. The current net position remains highly bearish with the Pound’s level over the -60,000 contract level for a seventh straight week

Canadian dollar bets advanced by over +10,000 contracts this week after falling in the previous three weeks. This week marked the first time in thirteen weeks that the CAD bearish position has fallen to less than at least -20,000 contracts

Japanese yen speculators raised their bearish bets for the fourth straight week and by over -20,000 bets this week alone. The current standing for the yen is now at the most bearish level since March 6th of this year when the net position totaled -86,845 contracts

Mexican peso bullish bets rose by over +10,000 contracts this week following last week’s gain by over +25,000 contracts. The current net position standing has risen for three straight weeks and is at the highest bullish level since May 15th

Overall, the major currencies that improved this week were the euro (2,030 weekly change in contracts), British pound sterling (12,180 contracts), Swiss franc (2,355 contracts), Canadian dollar (10,579 contracts), New Zealand dollar (154 contracts) and the Mexican peso (10,885 contracts).

The currencies whose speculative bets declined this week were the US Dollar Index (-447 weekly change in contracts), the Japanese yen (-20,964 contracts) and the Australian dollar (-4,058 contracts).

See the table and individual currency charts below.


Table of Weekly Commercial Traders and Speculators Levels & Changes:

Currency Net Commercials Comms Weekly Chg Net Speculators Specs Weekly Chg
EuroFx -36,730 -13,742 3,696 2,030
GBP 88,427 -15,260 -67,078 12,180
JPY 113,157 19,983 -84,719 -20,964
CHF 21,523 -2,601 -16,083 2,355
CAD 16,531 -40,953 -19,532 10,579
AUD 93,511 -274 -72,061 -4,058
NZD 35,526 -399 -31,835 154
MXN -55,636 -10,857 51,398 10,885

 

This latest COT data is through Tuesday and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the dollar will gain versus the euro.

 


Weekly Charts: Large Trader Weekly Positions vs Price

EuroFX:


British Pound Sterling:


Japanese Yen:


Swiss Franc:


Canadian Dollar:


Australian Dollar:


New Zealand Dollar:


Mexican Peso:


*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

The Commitment of Traders report is published every Friday by the Commodity Futures Trading Commission (CFTC) and shows futures positions data that was reported as of the previous Tuesday (3 days behind).

Each currency contract is a quote for that currency directly against the U.S. dollar, a net short amount of contracts means that more speculators are betting that currency to fall against the dollar and a net long position expect that currency to rise versus the dollar.

(The charts overlay the forex closing price of each Tuesday when COT trader positions are reported for each corresponding spot currency pair.) See more information and explanation on the weekly COT report from the CFTC website.

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WTI Crude Oil Speculators raised their bullish bets after 2 down weeks

Sept. 29, 2018 – By CountingPips.comReceive our weekly COT Reports by Email

WTI Crude Oil Non-Commercial Speculator Positions:

Large energy speculators increased their bullish net positions in the WTI Crude Oil futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 560,085 contracts in the data reported through Tuesday September 25th. This was a weekly rise of 29,719 contracts from the previous week which had a total of 530,366 net contracts.

The speculative bullish position rose for the first in three weeks after falling to the least bullish point since October 31st of 2017 when the net position had a total +502,949 contracts. Despite this week’s gains, the current bullish standing is still under the +600,000 net contract level for the sixth straight week.

WTI Crude Oil Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -596,190 contracts on the week. This was a weekly shortfall of -28,252 contracts from the total net of -567,938 contracts reported the previous week.

WTI Crude Oil Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the WTI Crude Oil Futures (Front Month) closed at approximately $72.28 which was an uptick of $2.69 from the previous close of $69.59, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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