VIDEO: Facebook shares finally above IPO

It’s finally happened. Some fourteen and a half months after its IPO, Facebook shares closed above its IPO price of $38/share for the first time since the date of its IPO. Investors who bought shares in Facebook’s IPO and held until now are a whopping 5 cents in the money.

US 10-Year Treasury Speculator Positions turned slightly bullish last week – COT Report

By CountingPips.com

Weekly CFTC Net Speculator Report

10 Year Treasuries: Large trader and speculator positions for 10-year treasury notes in the futures markets rose last week to a small bullish position. 10-year treasury contracts increased to a total net position of +11,903 total contracts in the data reported for July 30th. This is an increase of 44,215 from the previous week’s total of -32,312 net contracts on July 23rd. In the same timeframe, the 10 Year yield increased from 2.53 on Tuesday July 23rd to 2.63 on Tuesday July 30th, according to US Treasury data.


10Year



Last 6 Weeks of Large Trader Positions

Date Net Large Specs Change
06/25/2013 33011 1782
07/02/2013 -22917 -55928
07/09/2013 -47110 -24193
07/16/2013 17735 64845
07/23/2013 -32312 -50047
07/30/2013 11903 44215



*COT explanation: The weekly cot 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).




Article by CountingPips.comForex News & Market Analysis

 

Currency Speculators cut back on US Dollar long bets last week

By CountingPips.com


cot-values



The weekly Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures traders and currency speculators decreased their bullish bets of the US dollar last week for a second consecutive week.

Non-commercial contracts by large futures traders, including hedge funds and large International Monetary Market speculators, trimmed their overall US dollar long positions to a total of $24.45 billion as of Tuesday July 30th. This was a decrease of $4.24 billion from the total long position of $28.69 billion that was registered on July 23rd, according to calculations by Reuters that determine this amount by the total of US dollar contracts against the combined contract totals of the euro, British pound, Japanese yen, Australian dollar, Canadian dollar and the Swiss franc.

US dollar positions have now fallen for two straight weeks.

COT explanation: The weekly cot 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).

Individual Currencies Large Speculators Positions in Futures:

The large non-commercial net positions for each of the individual major currencies directly against the US dollar last week saw weekly increases for the euro, British pound sterling, Japanese yen, Swiss franc, New Zealand dollar, Canadian dollar and the Mexican peso while only the Australian dollar had a declining number of large speculator positions for the week.

Notable changes: Euro net speculative contracts improved to their best position since June while the Australian dollar net positions have fallen to the most bearish position of its recent decline.

Individual Currency Charts:


EuroFX:

eur

Last Six Weeks of Large Trader Positions: EuroFX

Date Lg Trader Net Change
06/25/2013 17357 -2673
07/02/2013 -16090 -33447
07/09/2013 -40900 -24810
07/16/2013 -37165 3735
07/23/2013 -27900 9265
07/30/2013 -8504 19396



British Pound Sterling:

gbp

Last Six Weeks of Large Trader Positions: Pound Sterling

Date Lg Trader Net Change
06/25/2013 -19429 977
07/02/2013 -31324 -11895
07/09/2013 -34259 -2935
07/16/2013 -37446 -3187
07/23/2013 -49653 -12207
07/30/2013 -49463 190



Japanese Yen:

jpy

Last Six Weeks of Large Trader Positions: Yen

Date Lg Trader Net Change
06/25/2013 -61462 428
07/02/2013 -70736 -9274
07/09/2013 -80305 -9569
07/16/2013 -85762 -5457
07/23/2013 -87496 -1734
07/30/2013 -82135 5361



Swiss Franc:

chf

Last Six Weeks of Large Trader Positions: Franc

date Lg Trader Net Change Weekly
06/25/2013 2464 -3327
07/02/2013 -116 -2580
07/09/2013 -1776 -1660
07/16/2013 -4969 -3193
07/23/2013 -5433 -464
07/30/2013 -1261 4172



Canadian Dollar:

cad

Last Six Weeks of Large Trader Positions: CAD

date Lg Trader Net Change Weekly
06/25/2013 -10638 15449
07/02/2013 -16250 -5612
07/09/2013 -23829 -7579
07/16/2013 -20043 3786
07/23/2013 -16758 3285
07/30/2013 -11434 5324



Australian Dollar:

aud

Last Six Weeks of Large Trader Positions: AUD

date Lg Trader Net Change Weekly
06/25/2013 -61644 1877
07/02/2013 -70515 -8871
07/09/2013 -63255 7260
07/16/2013 -70686 -7431
07/23/2013 -63982 6704
07/30/2013 -72573 -8591



New Zealand Dollar:

nzd

Last Six Weeks of Large Trader Positions: NZD

date Lg Trader Net Change Weekly
06/25/2013 -711 -2837
07/02/2013 -1174 -463
07/09/2013 -1008 166
07/16/2013 -2744 -1736
07/23/2013 -1846 898
07/30/2013 -520 1326



Mexican Peso:

mxn

Last Six Weeks of Large Trader Positions: MXN

date Lg Trader Net Change Weekly
06/25/2013 4981 -15968
07/02/2013 2847 -2134
07/09/2013 8035 5188
07/16/2013 11366 3331
07/23/2013 19799 8433
07/30/2013 24888 5089

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 graphs overlay the forex spot 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.

 

Article by CountingPips.com

 

VIDEO: Pelosi: ‘Congress Falling Into Chaos’

As lawmakers prepared for their annual August recess, Democratic House Minority Leader Nancy Pelosi blasted the record of Congress in 2013, saying, “it’s an aimless Congress, that is falling into chaos, it’s a make matters worse Congress.” (Aug. 2)

VIDEO: Ex-Trader Found Liable in Fraud Case

A former Goldman Sachs trader was found liable of misleading investors about subprime mortgages, while a hedge fund bet against those mortgages. Fabrice Tourre faces fines and could be banned from working in finance. (Aug. 2)

VIDEO: High & Low Finance: Barclays, Caught Short, Is Now in a Bind

A British regulator finds that Barclays is seriously undercapitalized, and the bank doesn’t have much time to fix that.Shares of Barclays lost 10 percent of their value after the company disclosed that its capital,as seen by the regulator,needed to grow by 38 percent to be adequate under new rules, unless the bank reduced its assets.