Hours Away form the Cops Busting Up the Party

Speculators are getting Squeezed Out

As we approach Wednesdays Fed meeting decision, markets seem to be cooling a bit. Specially the number of Large Speculators vs Commercial Hedgers. The drop of 31% Commercials vs Large and Small Speculators week over week. Yet a handful of the Top 10 have push markets higher recently.

At this time I am very skeptical that equity markets will go much h…