Bonus Chart of the Day – Private Wealth Advisors

Sunday, December 16, 2018

Bonus Chart of the Day

by Marty Mazorra CFP®, ChFC®

Founder & Co-Chief Investment Officer

Each week I track the Commodity Futures Trading Commission’s (CFTC) Commitment of Traders (COT) reports, across currencies, commodities and financial markets to get a feel for what some of the world’s most sophisticated traders think of the near-term prospects for various asset classes.

The chart below suggests that futures speculators have grown more bullish on stocks (top panel), and bearish on treasuries (bottom panel) of late; supporting other technical evidence that maybe (i.e., absolutely no guarantees!) the current correction is nearing its bottom:

Share:

Marty Mazorra CFP®, ChFC®

Founder & Co-CIO

is the author of "Making Lemonade: A Bright View on Investing, on Financial Markets and on the Economy" and "Leaving Liberty?: Essays on Politics and Free Market Thinking".

Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.

This website is a publication of Private Wealth Advisors. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author as of the date of publication and are subject to change. Information on this website does not involve the rendering of personalized investment advice, but is limited to the dissemination of general information on products and services. A professional advisor should be consulted before implementing any of the options presented. Information on this website is not an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein. Hyperlinks on this website are provided as a convenience and we disclaim any responsibility for information, services or products found on websites linked hereto. Private Wealth Advisors is registered as an investment adviser with the SEC, and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.