Seeking Alpha

Mike K » Comments » DBO

  • TTM Speculative Activity Actually Decreased on the NYMEX [View article]
    Jjason: Exactly. Already saw that testimony a week or two ago. The market has decoupled from fundamentals. No its a (fund)amental market.
    Jun 27 11:31 am |Rating: 0 0 |Link to Comment
  • TTM Speculative Activity Actually Decreased on the NYMEX [View article]
    Noncommercials are not counted as speculators formally, but they represent indexing fund interests (and probably even spec positions of investment banks as well). Basically this data is useless. The 'speculators' like the USO ETF are in the noncommercial side, I believe. Noncommercial open interest is up about 1m contracts over the last few years.

    Distraction by bad statistics is ... well.... bad?
    Jun 27 10:15 am |Rating: 0 0 |Link to Comment
More on DBO by Mike K
Comments by Ticker
Mike K's
Comments Stats
10 comments
Rating: 0 (0 - 0 )