Smart Money Bullish on SPX Amid Quiet COT Data

No new signals from the latest Commitments of Traders report Friday afternoon. Traders are relatively quiet, according to the CFTC's free weekly COT data.

Minor development: "Smart money" S&P 500 commercial hedgers have been building their net futures and options positioning as a portion of total open interest.

They're now 1.7 standard deviations above the moving average of recent data. That signal has been bullish since June 16.

See my latest signals table for more details on how traders are positioned in the 10 markets I trade using the COT reports. 

Good luck this week. З Днем Незалежності, Україно.

Bullish Turn for Banks, Gold; NDX to Cash

Three signals take effect on this week's open of trading based on the latest Commitments of Traders data:

- bullish for the BKX U.S. Bank Index and gold
- cash for the Nasdaq-100 index

Very sorry for my late update this week! See my latest signals table for more details on trader positioning as reported in the free weekly COT reports from the CFTC.

Good luck this week.

Banks Bearish But SPX Traders Seem Unworried By Ukraine, Mideast Conflict

Mixed news for equities in the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission.

My signal for the BKX U.S. Bank Index (a benchmark for U.S. financials) goes bearish on the coming week's open of trading based on the most recent COT data.

SPX Traders Boost Net Position

Meanwhile, my signal for the S&P 500 remains bullish. And the "smart money" commercial SPX hedgers got substantially more bullish in their futures and options net positioning as a portion of total open interest.

Seems like they're not too concerned about the stepped-up death toll in Gaza and Iraq, warnings of a possible open Russian invasion of Ukraine or the escalating Western-Russian sanctions war.

What do they know that we don't know?

See my latest signals table for all the details on how traders are positioning trillions of dollars in the markets, as reported in the COT reports.

Good luck this week.

Silver, Bond Bearish Based on CFTC's Latest COT Data

Two new trading signals take effect on Monday's open of trading based on the latest Commitments of Trader data: bearish for silver and the 30-year Treasury bond (meaning bullish for the yield).

See my latest signals table for how trader positioning is shaking out in these and the other eight markets I trade using the free weekly COT data from the U.S. Commodity Futures Trading Commission.

Good luck this week.