Smart Money

Bill Blain: "This Is What Terrifies Draghi And Other Central Bankers"

"In short… it looks like full employment, rising inflation and signs of growth are going to force normalization, at which point the bond music stops and we all realise financial assets have been dancing naked in the Emperor’s New Clothes lap-dancing bar as the proverbial tide goes out! That’s a prospect that must terrify Draghi and other central bankers."

Mint Partners: "What's Going On Is That Strong Hands Are Selling To Weak Hands"

"In case you haven’t noticed, the SPX remains firmly ensconced between 2400 and 2500 where it has been since late May. So it’s going on four months that the market has been stuck in this range. We believe what we are experiencing is distribution. By that we mean strong hands are selling to weak hands."

These Are The Top 50 Hedge Fund Long And Short Positions

In an unexpected turnaround, for once hedge funds aren't sucking (if still underperforming both the S&P and the average mutual fund): for those who believe in piggybacking, here are the Top 50 most popular longs and shorts within the HF community.

Speculators Sour On Gold And Silver

The stars - in the form of smart and dumb money futures contract positions - have once again lined up favorably for precious metals.

Weekend Reading: Charged With Obstruction

No! I am not talking about President Trump but rather the crash in both Technology stocks, and Oil prices, which are obstructing the continuation of the “bull market.”