Article By:
Zachary Storella
Sunday, August 14, 2022 2:55 PM EDT
COT bond market speculator bets were overall lower this week as three out of the eight bond markets we cover had higher positioning this week while the other five markets had lower weekly contracts.
The Curious Staircase Rally In Stocks
Today's HYG session is a really weak one, and HYG:SHY ratio isn't naturally saving the day --> looks like a case of short-term non-confirmation in the making. Meanwhile, $TLT recovered daily losses much to XLK's liking --> SPX rally's internals are unchanged. The eye catching performance is seen in GDX - keeping the precious metals upswing alive.
In advance, have a nice weekend!
Stocks Love Rising CPI, and Gold Should Too
How much do you think $TLT needs to rise by?
Why Tech Is Giving Me Jeepers – Watch Out, Gold
110min after the U.S. open update: Markets are attempting to turn the (intraday) corner - if it has any legs today, look for oil to lead the way, followed by copper with silver. stocks recapturing the 3,910 level would be a great start really, if you're into (liquidity) miracles. I like the lower knot in $TLT & indecision in $XLK - thus far, the key words here.