InvestMacro

December 10th – By CountingPips.com – Receive our weekly COT Reports by Email

Silver Non-Commercial Speculator Positions:

Large precious metals speculators reduced their bearish net positions in the Silver futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Monday which was a delay due to former President George H.W. Bush’s funeral last week.

The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of -635 contracts in the data reported through Tuesday December 4th. This was a weekly change of 10,331 net contracts from the previous week which had a total of -10,966 net contracts.

This week’s net position was the result of the gross bullish position advancing by 1,501 contracts to a weekly total of 69,314 contracts compared to the gross bearish position which saw a decrease by -8,830 contracts for the week to a total of 69,949 contracts.

The weekly gain of over +10,000 net contracts marked the best week since June and brought the overall net position to the best level since August 7th when the position was last in bullish territory (+4,341 contracts).

Silver Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -15,418 contracts on the week. This was a weekly decline of -6,577 contracts from the total net of -8,841 contracts reported the previous week.

Silver Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Silver Futures (Front Month) closed at approximately $1464.00 which was a gain of $41.90 from the previous close of $1422.10, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.com – Receive our weekly COT Reports by Email

December 10th – By CountingPips.com – Receive our weekly COT Reports by Email

Copper Non-Commercial Speculator Positions:

Large precious metals speculators very slightly decreased their bullish net positions in the Copper futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Monday which was a delay due to former President George H.W. Bush’s funeral last week.

The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 10,683 contracts in the data reported through Tuesday December 4th. This was a weekly fall of -9 net contracts from the previous week which had a total of 10,692 net contracts.

The week’s net position was the result of the gross bullish position declining by -1,394 contracts to a weekly total of 75,348 contracts compared to the gross bearish position total of 64,665 contracts which saw a decline by -1,385 contracts for the week.

The speculative position has seen a slight pull back over the past two weeks. The current spec standing remains right around the +10,000 net contract level for a third straight week and has now been in bullish territory for eleven straight weeks.

Copper Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -11,853 contracts on the week. This was a weekly fall of -1,617 contracts from the total net of -10,236 contracts reported the previous week.

Copper Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Copper Futures (Front Month) closed at approximately $275.90 which was a boost of $3.30 from the previous close of $272.60, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.com – Receive our weekly COT Reports by Email

December 1st 2018 – By CountingPips.com – Receive our weekly COT Reports by Email

WTI Crude Oil Non-Commercial Speculator Positions:

Large energy speculators continued to decrease their bullish net positions in the WTI Crude Oil futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 348,121 contracts in the data reported through Tuesday November 27th. This was a weekly reduction of -19,066 net contracts from the previous week which had a total of 367,187 net contracts.

This week’s net position was the result of the gross bullish position sliding by -17,170 contracts to a weekly total of 511,679 contracts compared to the gross bearish position which saw a gain by 1,896 contracts for the week to a total of 163,558 contracts.

The speculative position has now fallen for nine straight weeks and by a total of -211,964 contracts over that time-frame. The current standing is at the lowest level since July 3rd of 2017 when the net position totaled 341,047 contracts.

WTI Crude Oil Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -373,215 contracts on the week. This was a weekly gain of 23,175 contracts from the total net of -396,390 contracts reported the previous week.

WTI Crude Oil Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the WTI Crude Oil Futures (Front Month) closed at approximately $51.56 which was a drop of $-1.87 from the previous close of $53.43, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.com – Receive our weekly COT Reports by Email

December 1st 2018 – By CountingPips.com – Receive our weekly COT Reports by Email

Gold Non-Commercial Speculator Positions:

Large precious metals speculators reduced their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of 1,871 contracts in the data reported through Tuesday November 27th. This was a weekly fall of -7,025 net contracts from the previous week which had a total of 8,896 net contracts.

This week’s net position was the result of the gross bullish position tumbling by -8,727 contracts to a weekly total of 156,779 contracts compared to the gross bearish position which fell by just -1,702 contracts for the week to a total of 154,908 contracts .

The net speculative position has now declined for two out of the past three weeks and into a very small bullish position. The current standing is at its lowest level since it was in bearish territory two weeks ago.

Gold Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -16,100 contracts on the week. This was a weekly gain of 7,040 contracts from the total net of -23,140 contracts reported the previous week.

Gold Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Gold Futures (Front Month) closed at approximately $1219.90 which was a drop of $-1.30 from the previous close of $1221.20, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.com – Receive our weekly COT Reports by Email

December 1st 2018 – By CountingPips.com – Receive our weekly COT Reports by Email

Silver Non-Commercial Speculator Positions:

Large precious metals speculators raised their bearish net positions in the Silver futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of -10,966 contracts in the data reported through Tuesday November 27th. This was a weekly change of -238 net contracts from the previous week which had a total of -10,728 net contracts.

This week’s net position was the result of the gross bullish position sliding by -3,833 contracts to a weekly total of 67,813 contracts compared to the gross bearish position which saw a decrease by -3,595 contracts for the week to a total of 78,779 contracts .

The bearish speculative net position has increased for two out of the past three weeks. The current standing has remained in a bearish position for sixteen straight weeks and is above the -10,000 contract level for a third week in a row.

Silver Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -8,841 contracts on the week. This was a weekly decline of -1,947 contracts from the total net of -6,894 contracts reported the previous week.

Silver Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Silver Futures (Front Month) closed at approximately $1422.10 which was a fall of $-4.80 from the previous close of $1426.90, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.com – Receive our weekly COT Reports by Email

December 1st 2018 – By CountingPips.com – Receive our weekly COT Reports by Email

Copper Non-Commercial Speculator Positions:

Large precious metals speculators cut back on their bullish net positions in the Copper futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 10,692 contracts in the data reported through Tuesday November 27th. This was a weekly fall of -1,910 net contracts from the previous week which had a total of 12,602 net contracts.

This week’s net position was the result of the gross bullish position tumbling by -3,956 contracts to a weekly total of 76,742 contracts compared to the gross bearish position which saw a reduction by -2,046 contracts for the week tot a total of 66,050 contracts .

The speculative position dip this week followed a strong gain (+9,187 contracts) in bullish bets last week. The current standing remains in a small bullish position and marks a tenth straight week in bullish territory after crossing from bearish to bullish on September 25th.

Copper Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -10,236 contracts on the week. This was a weekly boost of 2,888 contracts from the total net of -13,124 contracts reported the previous week.

Copper Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Copper Futures (Front Month) closed at approximately $272.60 which was a shortfall of $-4.05 from the previous close of $276.65, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.com – Receive our weekly COT Reports by Email

November 26th, 2018 – By CountingPips.com – Receive our weekly COT Reports by Email

WTI Crude Oil Non-Commercial Speculator Positions:

Large energy speculators once again cut back on their bullish net positions in the WTI Crude Oil futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Monday due to the Thanksgiving day holiday.

The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 367,187 contracts in the data reported through Tuesday November 20th. This was a weekly fall of -14,011 net contracts from the previous week which had a total of 381,198 net contracts.

The week’s net position was the result of the gross bullish position lowering by -32,596 contracts to a weekly total of 528,849 contracts compared to the gross bearish position total of 161,662 contracts which saw a fall by -18,585 contracts for the week.

The speculative position has fallen for eight straight weeks and by a total of -192,898 net contracts over that time-frame. The current standing is now at the lowest level since August 29th of 2017 when the net position totaled 365,865 contracts and the price of WTI futures was just above $46 per barrel.

WTI Crude Oil Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -396,390 contracts on the week. This was a weekly uptick of 23,137 contracts from the total net of -419,527 contracts reported the previous week.

WTI Crude Oil Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the WTI Crude Oil Futures (Front Month) closed at approximately $53.43 which was a decline of $-2.26 from the previous close of $55.69, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.com – Receive our weekly COT Reports by Email

November 26th, 2018 – By CountingPips.com – Receive our weekly COT Reports by Email

Gold Non-Commercial Speculator Positions:

Large precious metals speculators raised their bullish net positions in the Gold futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Monday due to the Thanksgiving day holiday.

The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of 8,896 contracts in the data reported through Tuesday November 20th. This was a weekly rise of 18,143 net contracts from the previous week which had a total of -9,247 net contracts.

The week’s net position was the result of the gross bullish position sliding by -2,910 contracts to a weekly total of 165,506 contracts but was more than offset by the gross bearish position which saw a decrease by -21,053 contracts for the week to a total of 156,610 contracts.

The speculative net position flipped back into bullish territory after falling into a bearish net position in the previous week. The gold sentiment has been trending back positively in recent weeks with gold bets having a bullish net position in five out of the past six weeks.

Gold Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -23,140 contracts on the week. This was a weekly fall of -21,317 contracts from the total net of -1,823 contracts reported the previous week.

Gold Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Gold Futures (Front Month) closed at approximately $1221.20 which was a rise of $19.80 from the previous close of $1201.40, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.com – Receive our weekly COT Reports by Email

November 26th, 2018 – By CountingPips.com – Receive our weekly COT Reports by Email

Silver Non-Commercial Speculator Positions:

Large precious metals speculators raised their bearish net positions in the Silver futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Monday due to the Thanksgiving day holiday.

The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of -10,728 contracts in the data reported through Tuesday November 20th. This was a weekly increase of 6,417 net contracts from the previous week which had a total of -17,145 net contracts.

The week’s net position was the result of the gross bullish position sinking by -2,972 contracts to a weekly total of 71,646 contracts compared to the gross bearish position total of 82,374 contracts which saw a lowering by -9,389 contracts for the week.

The speculative silver bearish position fell for the second time in three weeks and for the fourth time in six weeks. The current standing remains in a bearish position for the fifteenth straight week and continues to be above the -10,000 net contract level for a second week.

Silver Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -6,894 contracts on the week. This was a weekly fall of -1,947 contracts from the total net of -4,947 contracts reported the previous week.

Silver Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Silver Futures (Front Month) closed at approximately $1426.90 which was a rise of $29.20 from the previous close of $1397.70, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.com – Receive our weekly COT Reports by Email

November 26th, 2018 – By CountingPips.com – Receive our weekly COT Reports by Email

Copper Non-Commercial Speculator Positions:

Large precious metals speculators raised their bullish net positions in the Copper futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Monday due to the Thanksgiving day holiday.

The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 12,602 contracts in the data reported through Tuesday November 20th. This was a weekly rise of 9,187 net contracts from the previous week which had a total of 3,415 net contracts.

The week’s net position was the result of the gross bullish position advancing by 7,229 contracts to a weekly total of 80,698 contracts compared to the gross bearish position total of 68,096 contracts which saw a reduction by -1,958 contracts for the week.

Speculative net positions saw the largest one-week gain in the past eight weeks. The current standing is now at the best level since July 10th when the net position totaled 14,183 contracts.

Copper Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -13,124 contracts on the week. This was a weekly decline of -9,372 contracts from the total net of -3,752 contracts reported the previous week.

Copper Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Copper Futures (Front Month) closed at approximately $276.65 which was an uptick of $7.95 from the previous close of $268.70, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.com – Receive our weekly COT Reports by Email