The Positioning Brief: specs flip S&P 500 net short, keep the Nasdaq bet (CFTC week of Aug 25)
CFTC week of Aug 25: S&P 500 ▼ specs now net short (-67,994) Nasdaq ▲ +23,194 CAD ▲ shorts covered 36,644 Gold ▲ net long +243,334, heaviest on the board Same desks: selling the index, keeping tech. CFTC COT. Not advice.
CFTC positioning, week of Aug 25. The moves that matter: S&P 500 ▼ specs dumped 57,434 contracts, now net SHORT at -67,994. Biggest unwind of the summer. Nasdaq-100 ▲ +23,194 (+14.8% of spec OI). The tech bet stays on. CAD ▲ shorts covered 36,644. Net still -121,522. Gold ▲ +21,145 to +243,334 net long. Heaviest position on the board. The read: same desks selling the broad index while keeping tech. And that gold long keeps getting more crowded. Data: CFTC Commitments of Traders. Observation, not investment advice.
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