Month: November 2013

Activist investor Carl Icahn said on Monday he is “very cautious” on the stock market, saying he could see a “big drop” because earnings at many companies are fueled more by low borrowing costs rather than the strength of management. Icahn, speaking at the Reuters Global Investment Outlook Summit, also hinted at his ongoing plan for Apple Inc, the most valuable U.S. stock by market value, saying that he does not want to fight with management at the iPhone giant but has no plans to walk away from his investment.

The grainy airport video is dark, short and chilling. Within five seconds, a dot of light that Russian authorities say is a Boeing 737 appears in the sky over the tarmac and plunges to the ground in a near-vertical crash. The result is a blinding fireball. The video shown Monday by Russian television stations of Sunday’s horrifying crash at Kazan airport that killed all 50 people onboard raises a host of questions which experts from the NTSB, Boeing and the FAA are heading to the scene to help Russian investigators find answers, after fire crews spent hours extinguishing the blaze.

By CountingPips.com

The latest data for the weekly Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC),  showed that large futures speculators added to their bullish bets on the US dollar last week.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, had an overall US dollar long position totaling $14.46 billion as of Tuesday November 12th, according to Reuters. This was a weekly change of $7.44 billion from the total position of $7.02 billion that was registered on November 5th, according to the data from Reuters that calculates this amount by the total of US dollar contracts against the combined contracts of the euro, British pound, Japanese yen, Australian dollar, Canadian dollar and the Swiss franc.

This latest data put US dollar positions at their most bullish level since September 10th when US dollar bets were long at a total of $22.01 billion.

Individual Currencies Large Speculators Positions in Futures:

The large non-commercial net positions for each of the individual major currencies directly against the US dollar on November 5th showed weekly increases for the Mexican peso, Canadian dollar and the New Zealand dollar while there were weekly declines for the euro, British pound sterling, Japanese yen, Swiss franc and the Australian dollar.

Individual Currency Charts:

EuroFX:

Last Six Weeks of Large Trader Positions: EuroFX

British Pound Sterling:

Last Six Weeks of Large Trader Positions: Pound Sterling

Japanese Yen:

Last Six Weeks of Large Trader Positions: Yen

Swiss Franc:

Last Six Weeks of Large Trader Positions: Franc

Canadian Dollar:

Last Six Weeks of Large Trader Positions: CAD

Australian Dollar:

Last Six Weeks of Large Trader Positions: AUD

New Zealand Dollar:

Last Six Weeks of Large Trader Positions: NZD

Mexican Peso:

Last Six Weeks of Large Trader Positions: MXN

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading 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).

The Commitment of Traders report is published every Friday by the Commodity Futures Trading Commission (CFTC) and shows futures positions data that was reported as of the previous Tuesday (3 days behind).

Each currency contract is a quote for that currency directly against the U.S. dollar, a net short amount of contracts means that more speculators are betting that currency to fall against the dollar and a net long position expect that currency to rise versus the dollar.

(The graphs overlay the forex spot closing price of each Tuesday when COT trader positions are reported for each corresponding spot currency pair.)

See more information and explanation on the weekly COT report from the CFTC website.

Article by CountingPips.com – Currency Trading News

By CountingPips.com

Weekly CFTC Net Speculator Report

10 Year Treasuries: Large trader and futures market speculators trimmed their overall bearish positions in the 10-year treasury note futures on November 12th, according to data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of the 10-year treasury notes, traded by large speculators and hedge funds, totaled a net position of -181,079 contracts in the data reported for November 12th. This was a change of +8,109 contracts from the previous week’s total of -189,188 net contracts that was registered on November 5th. The data for November 5th had marked the highest bearish position in 10-year notes in 2013.

Over the same time-frame, the yield on the 10-Year treasury note increased from 2.69 on Tuesday November 5th to 2.80 on Tuesday November 12th, according to US Treasury data.

Last 6 Weeks of Large Trader Positions

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading 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 – Forex Trading News & Analysis

By CountingPips.com

Weekly CFTC Net Speculator Report

VIX: Large traders and speculators added to their bearish positions on November 12th for a second straight week in the VIX futures market, according to the Commodity Futures Trading Commission (CFTC) data released on Friday. The VIX non-commercial contracts, usually representing large speculators and hedge funds, totaled a net position of -44,525 contracts in the data reported for November 12th. This was a change of -2,617 contracts from the previous week’s total of -41,908 net contracts that was registered on November 5th.

Over the same time-frame, the VIX index score edged lower from 13.27 on Tuesday November 5th to 12.82 on Tuesday November 12th, according to the Chicago Board Options Exchange (CBOE) Volatility Index.

Last 6 Weeks of Large Trader Positions

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading 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 – Forex News & Analysis

Former Treasury Secretary Timothy Geithner has landed in the private sector, taking a job as president of the private equity firm Warburg Pincus, the firm announced. Geithner, who was president of the New York Fed at the outset of the financial crisis and has spent much of his career in the public sector, will take an active role in managing the firm. Geithner worked closely with Treasury Secretary Henry Paulson and the chairman of the Federal Reserve, Ben Bernanke, to devise a response to the crisis while serving as head of the Federal Reserve Bank of New York.

Former U.S. Treasury secretary Timothy Geithner is joining private equity firm Warburg Pincus LLC. The firm announced Saturday that Geithner will serve as president and managing director of the firm starting March 1, 2014. Geithner played a central role in devising the U.S. government’s response to the financial crisis of 2008-2009.

Coin is a smart card that stores your credit and debit card information, so all you have to do is select which one to use and swipe.

He knows how the sea freezes, down to the pattern. And it’s because he’s in it, every day. Surfing or kayaking or sailing, Michael Sharp takes to the frigid waters of the Alaskan Sea – every day, even if the temperature is 25 below. A member of The #Nevertamed, his focus and dedication to what he loves is an inspiration to anyone who wants to exist beyond a work desk.

2013.11.15 | USDCHF Market Analysis

USDCHF Trends & Fibonacci Retracement Levels

The USDCHF currency pair has been gaining in forex market trading today with the USDCHF registering a high of 0.91904 and a low of 0.91629 on the day. Trends data shows the pair is currently in a short-term downtrend as prices are trading under our favored short-term moving average. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels indicator, the pair continues to be in an downtrend.

USDCHF Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 70.5 pips
30-day current trend is BULLISH / Trend strength of 118.7 pips
60-day current trend is BEARISH / Trend strength of -251.4 pips
90-day current trend is BEARISH / Trend strength of -358.2 pips
180-day current trend is BEARISH / Trend strength of -455.6 pips

Fibonacci Retracement Levels over last 100 Days

— 0.000 – 0.88893
— 0.236 – 0.90925
— 0.382 – 0.92182
— 0.500 – 0.93199
— 0.618 – 0.94215
— 0.764 – 0.95472
— 1.000 – 0.97504

By CountingPips.com – Forex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.