Great article! Quick question on the COT data? Can one effectively use this data for signal generation? Wondering cause I think they may be prone to revisions?
It can be used but with some lag. The main issue is that the reports are published on Friday for the Tuesday report. For the analysis I realistically used the Friday date. I think revisions aren't a major issue, at least I haven't heard of it.
Fascinating! The cocoa vs soybeans comparison really drives home the thesis of supply rigidity contributing to persistent trends. Makes you wonder what other 'slow' markets are setting up for multi-year moves that speculators may be missing. Is this the start of 'biology beats behavior' economics? 🌱📈
Great article! Quick question on the COT data? Can one effectively use this data for signal generation? Wondering cause I think they may be prone to revisions?
It can be used but with some lag. The main issue is that the reports are published on Friday for the Tuesday report. For the analysis I realistically used the Friday date. I think revisions aren't a major issue, at least I haven't heard of it.
Fascinating! The cocoa vs soybeans comparison really drives home the thesis of supply rigidity contributing to persistent trends. Makes you wonder what other 'slow' markets are setting up for multi-year moves that speculators may be missing. Is this the start of 'biology beats behavior' economics? 🌱📈
Great read!
Thank you!