S&P500 Non-Commercial Positions:
Large speculators and traders slightly decreased their net positions in the S&P500 stock futures markets last week to bring positions lower for a third straight week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
The non-commercial futures contracts of S&P500 futures, traded by large speculators and hedge funds, totaled a net position of 4,628 contracts in the data reported through January 3rd. This was a weekly change of -84 contracts from the previous week which had a total of 4,712 net contracts.
Speculator positions, despite the three week decline, have remained in positive or long territory for the past sixteen weeks in a row.
S&P500 Commercial Positions:
The commercial traders position, categorized by the CFTC as hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -19,268 contracts last week. This is a weekly fall by -2,280 contracts from the total net of -16,988 contracts reported the previous week.
S&P500 Stock Market Index:
Over the same weekly reporting time-frame, from Tuesday to Tuesday, the S&P500 index closed at approximately 2257.83 which was a change of -11.04 from the previous close of 2268.87, according to market data from Yahoo Finance.
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