The Commitment of Traders Report for the week ending November 21 was released today ... and for the S&P 500, the commercial hedgers are more short, and the small speculators are more long ...
... on June 6 of this year, the commercial hedgers were net short 37,728 contracts, on October 31, they were net short 70,603 contracts, and now, as of November 21, they are net short 79,145 contracts.
... on June 6 of this year, the small speculators were net long 36,787 contracts, on October 31, they were net long 60,112 contracts, and now, as of November 21, they are net long 68,303 contracts.
commitmentsoftraders.com
... not very bullish for the stock market
Disclaimer: The above is my personal opinion. I recommend that you do not base your investment decisions solely on any one person's views or analysis (including mine). Do your own research and take personal responsibility for your investment decisions.
Ken Wilson |