Silver as an investment

Category Archives: futures markets

Fed Fail? Traders Cut Rate-Hike Bets By The Most In History Last Week

The last two weeks have seen speculators cover over $710 billion worth of Fed rate-hike bets – the biggest move in Eurodollar futures history as Trump concerns and Fed Minutes reignite lost faith in the ebullient future that sparked the creation of a record $3 trillion bet that The Fed will be right this time. […]

Fragile Markets? US Equity Futures Flash-Smash… For No Good Reason

First VIX dumped-n-pumped this morning, then Russell 2000 (ETF and Futures) flash-crash at lunch time, and now, amid heavy volume, someone decided it was the perfect time to panic-buy S&P, Dow, and Nasdaq futures…   Very heavy volume for early asia trading…   Some contest to Russell 2000's and VIX's earlier flash crash…   As […]

Global Stocks Dip On Poor US Auto Sales, Apple Miss; Fed Decision On Deck

European, Asian stocks and S&P futures all fall as investors digested poor overnight news on Apple earnings and U.S. car sales, while the dollar rose in muted trading as investors contemplated chances of another rate hike next month ahead of today’s Federal Reserve statement. Europe’s Stoxx 600 fell from a 20 month high as traders […]

Bond Bears Battered By The Biggest Short Squeeze In History

In the week when it was confirmed that Q1 was the weakest economic growth for a rate hike period since 1980…   Bond bears have never puked so much in such a short period of time as the $25 billion plus short-cover in 10Y Treasury bond futures in the last week.   In fact the […]

Geopolitical “Powder Keg” Supports Gold’s Resurgence

Despite the second slam in as many days into the London Fix…   Gold is trading near the highest in five months, and, as Bloomberg notes, at least one measure suggests the rally is gaining momentum. Open interest, a tally of outstanding contracts in Comex futures, this week climbed to the highest since January as global […]

Commodity Carnage Crushes Trumpflation Hopes: “Everyone’s Nervous The Bottom Is Falling Out”

Another night of ugliness in Asia as the 'froth' is blasted out of the exuberant hot-money-chased commodity markets. Chinese steel and iron ore futures tumbled on Wednesday to the lowest prices in months as market sentiment turned bearish on the demand outlook. As Reuters reports, China's producer price inflation cooled for the first time in […]

Global Stocks Slide, S&P Futures Tumble Below 50DMA As “Trump Trade” Collapses

Global stocks are lower across the board to start the week, as concerns about Trump’s administration to pull off a material tax reform plan finally emerge, pressuring S&P futures some 20 points lower this morning, following European and Asian shares lower, while crude oil prices fall unable to find support in this weekend’s OPEC meeting […]

Risk Parity Panic? Stocks, Bonds Dumped At Open

Is this the risk parity fund blow that many have been worried about? Dow drops below 21k, 30Y Yields nearing 3.10%… Something's breaking.   As a reminder, here is what Jim Bianco said over the weekend… To be clear, the stock bond relationship hasn’t changed yet. But you will know it’s happening when you see […]

The Dow Has Never Had A Longer Streak Of Record Closes… Ever

Core Durables Goods and Shipments MISS, Pending Home Sales MISS, Dallas Fed 'Survey' BEAT…   "Never gonna let you down"… 12th Record Dow Close In A Row.   One streak was broken today – after 6 straight days of Dow and Long Bond price rises, bonds dropped as stocks rose today…   But another streak […]

Will Record Short VIX Position Backfire On Speculators?

Via Dana Lyons' Tumblr, Speculators (a.k.a., “dumb money”?) are holding their largest net-short position in the history of the VIX futures contract. Every week, the CFTC releases their Commitment Of Traders (COT) report on the collective positioning among major futures players. Like most market data, the majority of the time, we do not find the […]