• Explore market positioning, research methods and financial concepts across futures, stocks and other markets. Wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort, wort ...

    • Commitments of Traders (COT) Reports Book

      COT figures can change sharply even when a price chart looks relatively quiet. A drop in net exposure, for example, might reflect fewer long positions, more short positions, or a combination of both. Each tells a different story about how traders are positioned.

      Our weekly reports examine positioning across commodity and financial futures, from metals and energy to currencies and equity indices. Long and short positions, open interest and historical comparisons provide the starting point. Interactive charts make it possible to investigate the details behind the weekly figures.

      The data come with a reporting lag and reveal positions rather than individual trading intentions. We distinguish those observations from possible interpretations, leaving room for the questions that the numbers alone cannot settle.

    • Futures & Market Research Glossary

      Volume and open interest both describe activity in futures markets, yet they measure very different things. The same goes for basis and spreads, or realized and implied volatility. Understanding these distinctions can change how you read market data.

      Here you'll find detailed explanations of futures contracts, COT classifications, term structure, seasonality, volatility and statistical concepts used in financial research. The entries connect technical definitions with the situations in which those concepts become relevant.

      Rather than stopping at textbook meanings, we examine the mechanics, practical examples and subtle differences that are easy to miss. It's a reference for anyone who wants to understand the language behind market research more precisely.

    • Stock Market & Fundamental Research Glossary

      Two companies can report similar earnings growth and still have very different financial strengths. One may generate substantial cash while the other relies on borrowing or issuing new shares. The headline figures rarely tell the whole story.

      Explore the language of financial statements, company valuations, profitability, cash flow, shareholder ownership and insider transactions. You'll also find explanations of corporate actions and the financial ratios commonly used to compare businesses.

      Each topic helps clarify how a measure is calculated, what influences it and where comparisons can become misleading. The details matter, particularly when familiar numbers conceal important differences between companies.

    • Market Clues Handbook

      Behind every research chart are decisions about data, calculations and presentation. The choice of a historical window, the treatment of missing observations or the way positions are grouped can influence what a chart appears to show.

      The handbook documents the methods used throughout our research, including COT classifications, futures curves, seasonality, volatility measures and comparisons across markets. It explains where the figures come from and how the underlying calculations are constructed.

      You'll also find the assumptions and limitations that deserve attention when interpreting the results. These details make it easier to examine the research, question a methodology and understand why particular approaches were chosen.

    • General Discussion Forum

      Markets rarely leave everyone with the same interpretation. A change in positioning might stand out to one reader, while another notices something unusual in the price history. Comparing those observations can uncover details that would otherwise go unnoticed.

      General Discussion is an open space for market-related questions, research ideas and conversations that don't belong to a specific weekly report. Share a chart, bring up an interesting dataset or challenge an assumption you've come across.

      A useful conversation doesn't require a lengthy analysis. A specific observation or a well-framed question is often enough to get people thinking. Different perspectives are welcome, especially when they're supported by evidence.