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Interactive CFTC Commitment Of Traders Chart
For all those who are looking for a handy free, web-based resource providing the weekly CFTC Commitment of Trader update, one focusing on disaggregated Managed Money positions (not the Non-Commercial Speculative positions which Zero Hedge has traditionally followed), can now do so at the following Reuters site. Since commodities will certainly be an ever more important part of daily investing life, we urge everyone to get familiar with the weekly data release for speculative (the guys who will be blamed for price hikes) and commercial (the banks who will be doing the blaming and urging exchange margin hikes) accounts from the CFTC.
Interactive table from Reuters after the jump:
And here is a brief recap of the key action (read crude) in Manged Money sentiment again per Reuters:
Speculators raised their bets on higher oil prices in the week to March 22, data showed on Friday, but analysts said signs are growing that buying interest from the key investor group has waned.
Money managers, including hedge funds and other financial investors, raised their net-long positions in U.S. crude futures and options on the New York Mercantile Exchange by 15,849 contracts to 286,812, the Commodity Futures Trading Commission said.
That increase of 6 percent was not enough to top the all-time high of 311,632 hit two weeks ago, with limited interest despite prices rallying almost $7 a barrel to $104.00 in the seven days the data covers.
"It looks like the only people interested in buying at these levels are the money managers, but they appear to be running out of steam," said Peter Beutel, president of trading advisory Cameron Hanover.
"Things are looking overbought and with the amount of speculative length, there remains a strong chance prices could reverse from here."
From the middle of February, as tensions mounted in the Middle East, money managers raised their net-long positions in U.S. crude futures and options by 70 percent over just three weeks to an all-time high on March 8.
In the latest week, U.S. crude futures failed to match the 2011 high of $106.95 hit on March 7. Trading volumes for U.S. crude futures over the last five days were the lowest for the year so far.
In another sign buying interest might be waning, total open interest fell in the week to Tuesday, from 2.999 million contracts to 2.881 million.
Additionally, speculative net-length in futures rose by fewer than 1,000 positions, suggesting those betting on higher prices are increasingly turning to out-of-the-money options.
And money managers trading the look-a-like WTI contract on the ICE Exchange in London lowered their net longs in U.S. crude futures and options last week, according to the CFTC, cutting positions by 3,114 to 32,513.
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What if that data is rigged just like every other MFing government released stats?
Well... there's always this.
and this.
and of course this.
Even better than the originals!
Who has six hours these days? Four fucking minutes is all it should take.
If SEC regulators could stop watching porn...they do!
I lol'd
Happy F*cking Friday TD!
Tyler's a twisted phuck. You phuckin phuck. Thanks as always! Mind you that fine engineer (CDS) link is dead and gone. Would you have another?
Who the fak junked these condensed works? They're better than condensed milk in Singapore!
Thanks!
Do you know of a currency version all purdied up like this?
goodey-gum-drops
CFTC is in the comment phase for position limit restrictions. The spec boyz are fighting it like hell. With Gary"once a Squid always a Squid"Gensler in charge at CFTC the outlook for the peeps looks grim. As with all other asset classes, the supply/demand function has become irrelevant. The demand con was debunked and then ditched after the 08 spike success. Now we move into the Mideast turmoil con.
Too much fiat chasing a home.
what a set-up! nice combination, tyler! ouch!
Link?
Any guesses on how long it takes before the dollar is trading on the Pink Sheets?
(JPEG Image, 432x578 pixels)
Thanks for Sharing...........
Is this supposed to be taken as a contrarian signal? ie speculators long oil so it should be shorted?
What, are you mad, man? Didn't your Mammy/Pappy ever tell you to Buy The Fucking Cunting Dip? BTFCD!
thx for the chart porn...i liked the detailed charts that broke it down by type of investor.
going to watch the full version of Snatch now.
and this
http://www.youtube.com/watch?v=EXT0gOk1Ogw
Let's just have a quick recap here folks. Take a deep breath.
The market is acting like 2007 all over again. The 'entire world assets vs the dollar' trade is back on. That looks really scary on the dollar index but in reality it's another flawed measure.
The stock market is ignoring earthquakes, revolutions, soveign debt explosions and the rest. If the Nikkei can collapse 14% in one day then what happens to the false pricing of paper commodities and stocks if we get a euro default for example??
Yes it seems unlikely that will happen, but in reality not that much. We are heading for a 2008 style collapse. The old bubble was inflated and although its taken a long time, that will just exacerbate the collapse.
Where is your favorite grain from a couple of weeks ago? I go there looking to see if they would bother with the rice cot data, but no it isn't important enough. mpw