Archives of “May 15, 2021” day

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CFTC commitments of traders: USD shorts increase led by CAD longs

  
Analysis, Forex

Weekly forex futures positioning data from the CFTC for the week ending May 11, 2021.

  • EUR long 94K vs 85K long last week. Longs increased by 9K
  • GBP long 28K vs 20K long last week. Longs increased by 8K
  • JPY short 42K vs 41K short last week. Shorts increased by 1K
  • CHF short 3K vs 0K short last week. Shorts increased by 3K
  • AUD long 2K vs 1K long last week. Longs increased by 1K
  • NZD long 9K vs 9K long last week. Longs unchanged
  • CAD long 39K vs 26K long last week. Longs increased by 13K

Highlights:

  • CAD longs continue to get larger and is now the 3rd largest position
  • EUR longs have moved higher for 2 consecutive week
  • CHF went from square to modestly short (by 3K)
  • GBP longs increased
  • A net change of +27K in currencies or -27K USD

The major US indices close higher for the 2nd consecutive day

  
Analysis, US Market

Stocks close near session highs

The major US stock indices are close higher for the second consecutive day.
Some other highlights for the day/week
  • Week ends with 2 strong days higher after three down days to start the week
  • S&P has best day since late March 26th
  • All 11 sectors of the S&P close higher
  • Dow S&P NASDAQ had the worst week since February
  • NASDAQ closed lower for the fourth consecutive week
  • S&P lower for the first week in three weeks
  • NASDAQ has the best day since March 11
the final numbers are showing:
  • S&P index up 61.29 points or 1.49% at 4173.85
  • NASDAQ index up 304.99 points or 2.32% at 13429.98
  • Dow industrial average of 360.62 points or 1.06% at 34382.13
Technically,
  • The NASDAQ index moved above intraday but is closing below its 100 day moving average of 13438.56.
  • The S&P index closed just above its 100 hour moving average at 4173.67. The closing level for the S&P was at 4173.85
  • The Dow moved back above its highest hourly moving average (the 50 hour MA) at 34358.48. The index is closing at 34382.13.
For the week:
  • S&P index fell -1.39%
  • Dow fell -1.14%
  • Nasdaq fell -2.34%
some of the biggest winners today included:
  • Doordash, +22.16%
  • Snowflake, +11.47%
  • Goodrx, +9.59%
  • Palantir, +9.31%
  • Novavax, +8.83%
  • Western Digital, +8.29%
  • Bed, Bath and beyond, +7.68%
  • Nio, +7.11%
  • Uber +6.59%
  • Zoom, +6.12%
Some of the biggest movers this week:
  • Doordash, +12.96%
  • Box, +10.16%
  • Koss, +8.89%
  • FireEye +6.42%
  • Roblox, +4.42%
  • Zoom +4.29%
  • Intuit, +4.05%
  • Gilead, +3.01%
  • Schlumberger +2.88%
  • Charles Schwab, +2.06%
Looking at the Dow 30, the biggest winners for the week include:
  • Procter & Gamble, +2.11%
  • JPMorgan +1.71%
  • J&J, +1.0%
  • 3M, +0.63%
  • DuPont, +0.58%
  • Caterpillar, +0.56%
  • Salesforce, +0.54%
  • Bank of America, +0.4%
  • Coca-Cola, +0.37%
  • Walgreens, +0.35%
The biggest losers in the Dow this week include:
  • Walt Disney, -6.02%
  • Home Depot, -4.54%
  • Intel, -4.06%
  • Boeing, -2.99%
  • Visa, -2.21%
  • Apple, -2.17%
  • UnitedHealth, -1.93%
  • Microsoft, -1.72%
  • Nike, -1.36%
  • McDonalds, -1.32%
  • Amgen, -1.11%
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