InvestMacro

November 10, 2018 – By CountingPips.com – Receive our weekly COT Reports by Email

Silver Non-Commercial Speculator Positions:

Large precious metals speculators decreased 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 -2,470 contracts in the data reported through Tuesday November 6th. This was a weekly lift of 6,000 net contracts from the previous week which had a total of -8,470 net contracts.

This week’s net position was the result of the gross bullish position falling by -2,936 contracts (to a weekly total of 73,117 contracts) compared to the gross bearish position total of 75,587 contracts which dropped by a larger amount of -8,936 contracts for the week.

The speculative net position has now improved (declining bearish bets) for three out of the last four weeks and for seven out of the past nine weeks. The current standing is the smallest bearish position since silver bets went bearish thirteen weeks ago.

Silver Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -19,291 contracts on the week. This was a weekly loss of -9,531 contracts from the total net of -9,760 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 $1450.00 which was an uptick of $3.80 from the previous close of $1446.20, 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

November 10, 2018 – By CountingPips.com – Receive our weekly COT Reports by Email

Copper Non-Commercial Speculator Positions:

Large precious metals speculators boosted 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 6,386 contracts in the data reported through Tuesday November 6th. This was a weekly boost of 5,719 net contracts from the previous week which had a total of 667 net contracts.

This week’s net position was the result of the gross bullish position advancing by 1,827 contracts to a weekly total of 73,447 contracts and a fall in the gross bearish position to a total of 67,061 contracts which was a reduction by -3,892 contracts for the week.

The net speculative position rebounded this week after last week’s decline by -8,680 contracts. Overall, the copper spec position has gained for three out of the past four weeks and has now been in positive bullish territory for seven 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 -6,777 contracts on the week. This was a weekly drop of -4,456 contracts from the total net of -2,321 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 $273.25 which was a boost of $6.85 from the previous close of $266.40, 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 3, 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 432,638 contracts in the data reported through Tuesday October 30th. This was a weekly fall of -22,640 contracts from the previous week which had a total of 455,278 net contracts.

This week’s decline in bullish bets marks the fifth straight weekly reduction and the seventh shortfall out of the past eight weeks. Bullish bets have fallen by -127,447 contracts since the beginning of October. The current standing has now slid to the lowest bullish standing since October 17th of 2107 (a span of 55 weeks) when the net position totaled 429,525 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 -467,071 contracts on the week. This was a weekly advance of 35,744 contracts from the total net of -502,815 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 $66.18 which was a drop of $-0.25 from the previous close of $66.43, 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

November 3, 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 13,194 contracts in the data reported through Tuesday October 30th. This was a weekly lowering of -16,194 contracts from the previous week which had a total of 29,388 net contracts.

The speculative gold position had risen sharply over the previous two weeks and by a total of 67,563 contracts after spending the previous nine weeks in bearish territory. Despite this week’s pullback, the current standing marks a third consecutive week in bullish territory.

Gold Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -31,205 contracts on the week. This was a weekly boost of 15,315 contracts from the total net of -46,520 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 $1225.30 which was a drop of $-11.50 from the previous close of $1236.80, 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 3, 2018 – By CountingPips.com – Receive our weekly COT Reports by Email

Silver Non-Commercial Speculator Positions:

Large precious metals speculators increased 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 -8,470 contracts in the data reported through Tuesday October 30th. This was a weekly decrease of -3,291 contracts from the previous week which had a total of -5,179 net contracts.

The speculative bearish position in silver had seen a decline in the previous two weeks and in six out of the previous seven weeks before this week’s turnaround. The current standing for the silver spec position remains below the -10,000 net contract level for a second week but has now remained in an overall bearish position for twelve consecutive weeks.

Silver Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -9,760 contracts on the week. This was a weekly increase of 3,502 contracts from the total net of -13,262 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 $1446.20 which was a loss of $-33.10 from the previous close of $1479.30, 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