More Reason For Caution

The Banks are stretched to uncomfortable levels.

While nearly every "analyst" watches the CoT reports, very few pay attention to the monthly Bank Participation Reports. However, we do. And this month's report is at a record extreme.

In yesterday's podcast, we took a whole bunch of time explaining the current CoT structure, how it is the second "worst" of all time and what this likely means for price in the near term. If you haven't listened yet, you probably should.

All of this does NOT mean that a full washout and pullback is coming. During the run-up from 2009-2011, the CoT was never fully "washed...

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

24 Comments on More Reason For Caution

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 11/28

11/28 12:00 ET Goon Bullard
11/28 12:00 ET Goon Williams
11/29 9:00 ET Case-Shiller home prices
11/29 10:00 ET Consumer Confidence
11/30 8:15 ET ADP jobs report
11/30 8:30 ET Q3 GDP 2nd guess
11/30 9:45 ET Chicago PMI
11/30 10:00 ET JOLTS
11/30 1:30 ET Chief Goon Powell
12/1 8:30 ET PCE and Core PCE
12/1 8:30 ET Consumer Inc and Spend
12/1 9:30 ET Goon Bowman
12/1 9:45 ET S&P Manu PMI
12/1 10:00 ET ISM Manu PMI
12/2 8:30 ET BLSBS

Recent Comments

by surfeitndearth, Nov 29, 2022 - 11:12pm
by mrcic, Nov 29, 2022 - 10:26pm
by mrcic, Nov 29, 2022 - 10:17pm
by mrcic, Nov 29, 2022 - 10:03pm
by metallionnaire, Nov 29, 2022 - 9:38pm
by DeaconBenjamin, Nov 29, 2022 - 8:41pm

Forum Discussion

by Titus Andronicus, Nov 26, 2022 - 10:18pm
by Island Teal, Nov 26, 2022 - 2:54pm
by Titus Andronicus, Nov 14, 2022 - 10:32pm
by argentus maximus, Nov 14, 2022 - 3:19am
randomness