Replies to post #85406 on ajtj99's Market Pulse

[pstuartb]

Chainik, fwiw, a bond broker I know at SSB told me recently that he just polled a half dozen of his bond broker buddies and the consensus was that short rates would be at about 3% by the middle of next year. Right or wrong, that opinion seems to be catching on.

I still think that there is a good chance of a bs rally when the Fed is done with the hikes :)

Could be. If we get one, I don't think it will last long. We may have had it today...g

[chainik]

Pretty bullish changes in COT. Commercials are longer both S&P and NDX (by about $8 Billions combined). The biggest changes are in S&P: commercials are longer 11 K large contracts and about 44 K minis.

Overall, this puts commercials somewhere in the middle of the range during the last couple of years.