We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Mixed
GBP/USD
Mixed
USD/JPY
Bullish
Gold
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Bearish
More View more
Real Time News
  • #Facebook Chairman and CEO Mark Zuckerbrg will testify before the House Financial Services Committee about the company’s plans to launch its own #Libra cryptocurrency. Get your guide to the #cryptocurrency here from @ZabelinDimitri: https://t.co/uoidwdtvQf https://t.co/UK4h8BHXTQ
  • UK Labour Leader Jeremy Corbyn reiterated his offer to PM Johnson to agree a reasonable timetable for Brexit legislation and restated that Labour would support a new election once the threat of a no-deal Brexit is off the table $GBP
  • On Monday we mentioned a dip to 1.11 in $EURUSD would be considered normal -- a bounce may emerge soon https://www.dailyfx.com/forex/video/live_events/2019/10/21/EURUSD-drives-higher-on-weaker-USD-JWweb-121.html https://t.co/7HNPIFgSSw
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.02%, while traders in Germany 30 are at opposite extremes with 75.92%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/9xGPrKZJ6x
  • Heads Up:🇺🇸 USD MBA Mortgage Applications (OCT 18) due at 11:00 GMT (15min), Actual: N/A Expected: N/A Previous: 0.5% https://www.dailyfx.com/economic-calendar#2019-10-23
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Gold: 0.32% Silver: 0.25% Oil - US Crude: -0.99% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/J8CT9EwmWZ
  • GBP/USD, GBP/JPY Outlook: Will British Pound Resume Bullish Price Action? More details in the link below: https://www.dailyfx.com/forex/technical/home/analysis/gbp-usd/2019/10/23/GBPUSD-GBPJPY-Outlook-Will-British-Pound-Resume-Bullish-Price-Action-MK.html?CHID=9&QPID=917714 https://t.co/IJleHME0vE
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.02% 🇨🇦CAD: -0.01% 🇳🇿NZD: -0.02% 🇪🇺EUR: -0.12% 🇬🇧GBP: -0.13% 🇦🇺AUD: -0.19% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/T3dGcJ8yOp
  • Will a debt crisis send us into a global recession, and will political instability continue to impact markets? Find out from @Bill_Blain, market commentator and strategist at Shard Capital, only on Trading Global Markets Decoded here: https://t.co/GL2RNwfNOJ https://t.co/EXWVBsqEgX
  • @nickcawley1 @GrayConnolly He was often to be found selling Her Majesty’s Pound short, in direct contradiction of the custom and decency of the day.
US Stock Market Affected by This Week's Corporate Earnings

US Stock Market Affected by This Week's Corporate Earnings

2019-04-15 20:41:00
Nancy Pakbaz, CFA, Markets Writer
Share:

U.S Stock Market Sentiment Talking Points

  • Retail traders continue to net-short positions for the S&P500 and the Dow Jones.
  • Prices may soon reverse despite traders remaining net-short.
  • Throughout the week, big banks will continue to release their first quarter earnings report.

Goldman Sachs Group Inc. and Citigroup Inc. reported their earnings on Monday and investors were disappointed to find that estimates were not met, which resulted in Goldman’s share prices to decline by 3.2% and Citigroup shares to decline by 0.7%.

As the week progresses, more reports will be released. Bank of America and Blackrock are scheduled to release their first quarter results on Tuesday followed by Morgan Stanley and US Bancorp on Wednesday.

The current sentiment suggests that the price trend for both S&P 500 and Dow Jones may soon reverse, and this will be more evident as more reports are released throughout the week.

Wall Street

Dow Jones

Wall Street: Retail trader data shows 35.2% of traders are net-long with the ratio of traders short to long at 1.84 to 1. In fact, traders have remained net-short since Jan 04 when Wall Street traded near 23357.9; price has moved 12.9% higher since then. The number of traders net-long is 12.1% higher than yesterday and 40.1% higher from last week, while the number of traders net-short is 0.8% higher than yesterday and 0.8% higher from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests Wall Street prices may continue to rise. Yet traders are less net-short than yesterday and compared with last week. Recent changes in sentiment warn that the current Wall Street price trend may soon reverse lower despite the fact traders remain net-short.

US500

US 500: Retail trader data shows 28.7% of traders are net-long with the ratio of traders short to long at 2.48 to 1. In fact, traders have remained net-short since Jan 07 when US 500 traded near 2414.79; price has moved 20.2% higher since then. The percentage of traders net-long is now its highest since Mar 24 when US 500 traded near 2805.43. The number of traders net-long is 2.8% higher than yesterday and 15.3% higher from last week, while the number of traders net-short is 0.7% lower than yesterday and 1.5% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests US 500 prices may continue to rise. Yet traders are less net-short than yesterday and compared with last week. Recent changes in sentiment warn that the current US 500 price trend may soon reverse lower despite the fact traders remain net-short.

--- Written by Nancy Pakbaz, CFA, Markets Writer

Follow Nancy on Twitter @NancyPakbazFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.