There's no School like the Old School

No NFP Numbers Tomorrow, Let's See About That






Labor Department Won?t Release U.S. Payrolls Report Tomorrow - Bloomberg

There's no School like the Old School

No Numbers, No Traders?

This government shut down is really hitting home here at the "Casa de Cashish." Now it's personal, my Grand Daughter's kindergarten field trip was canceled this week!! All kidding aside, (although she was/is very disappointed) I'm suffering from "data withdraw" and have been sitting on the sidelines for the most part. This will probably be the second Friday without the COT data from the CFTC and as I've written before I keep an eye on this data each week. I'm NOT saying trading is impossible with one arm tied behind my back, I'm just saying I have a method, and for the last couple weeks several of the components of that method are unavailable for interpretation , not only to me but all traders who depend on the data, and I believe there are many.

Don't get me wrong, those who need to be in the market are still there, I think we can all see that by the consistent high levels of OI (open interest) over the last eleven days, but if I compare the volume of the + 100 tick range of Wednesday to an Intra-day average I have to believe the 25-30% shortfall of contracts traded may be due to more than a few traders sitting on the sidelines waiting for some closure to this shut down fiasco.

Maybe Tomorrow

Maybe Next Week!

From the CFTC website

Cashish 

Maybe Next Week! From the CFTC website

Or Not

Well, the CFTC did post something, but as with most .gov websites the information is vague. On Oct 25,2013 they posted the COT report for trades ending Oct 1, 2013. What's up with that? The scheduled release dates are/were Oct 4, 11, 18 and 25 so this report is one of the "missed" reports. I certainly don't know the plan of how the CFTC is going to catch up and get current with the data but it may appear (to me anyway) instead of posting the current data and "back-filling" they might spoon feed us the data going forward. Bummer

Cashish 

................... it may appear (to me anyway) instead of posting the current data and "back-filling" they might spoon feed us the data going forward.

Another COT report was released today

And Another Today

At this rate, the CFTC should/could be current on Friday

Happy

Halloween

Darn

Thinking more of Jamie Lee Curtis

Oops, sorry Trading Places

-Bill_M

Tonight we're all back on the same page, London 0 GMT and New York -5 GMT

Please remember to "Fall" back your clocks tonight

Last week only we had New York 4am and London 8am

This week and for several months to come we have New York 3am and London 8am

Cheers

-Bill

Cashish 

,,,,,,,, it may appear (to me anyway) instead of posting the current data and "back-filling" they might spoon feed us the data going forward.

I sure thought the CFTC was going to get current with the COT data,,, but NOT today!

@WilleeMac ,,,,At your request, I'm slowly putting together another post with more detail of how I use the COT data.