S&P 500 Mini Non-Commercial Speculator Positions:
Large stock market speculators sharply lowered their bullish net positions in the S&P 500 Mini futures markets this 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 Mini futures, traded by large speculators and hedge funds, totaled a net position of 179,000 contracts in the data reported through Tuesday February 13th. This was a weekly fall of -107,214 contracts from the previous week which had a total of 286,214 net contracts.
The speculative decline earlier this week stopped a streak of four weekly gains in a row that had brought the bullish level to the highest point since March 10th of 2009 when the net positions totaled +333,271 contracts. The data takes into account positions through Tuesday and do not reflect changes after that day.
S&P500 Mini Commercial Positions:
The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -281,323 contracts on the week. This was a weekly fall of -27,378 contracts from the total net of -253,945 contracts reported the previous week.
SPDR S&P 500 (NYSE:SPY):
Over the same weekly reporting time-frame, from Tuesday to Tuesday, the SPY ETF, which tracks the price of S&P500 Index, closed at approximately $266.0 which was a decrease of $-3.13 from the previous close of $269.13, according to unofficial market data.