All of the data, RV Bot, CFTC and User sentiment will be made available for you to play with it and create your own insights.
We are still figuring out the details, but as a little teaser let me highlight some differences between RV Bot sentiment and the CFTC this week.
The Commodity Futures Trading Commission (CFTC) publishes the Commitments of Traders (COT) reports to help the public understand market dynamics. The COT reports provide a breakdown of each Tuesday’s open interest for futures and options on futures markets and are classified into different categories depending on the reported market (commodities/financials). Broadly speaking, the categories include sell side and buy side activity, which depending on the respective group tend to depict different trading activities. E.g. market making (e.g. Dealer's positioning) or speculative (so called non-reportable positioning).
While one might intuitively think that Dealer's positioning is the most informative, this group also includes a lot of hedging activity. For example, the Dealers are nearly all of the time net short BTC futures. This is part of their market making and not really informative.
That's why I like to look either at changes in positioning, extreme data points or the more dynamic positioning of the non-reportables.
Last week (yellow-red dots), this group was very bearish regarding Equities and Oil and even slightly Gold.
What's more interesting however, is the bullishness on Volatility and Bitcoin. While Volatility is quite understandable given the circumstances, the bullishness on Bitcoin really strikes me as something relevant. It increased considerably from last week's value (blue-red dot) and is much higher than sentiment extracted from RV interviews last week, despite the Crypto interviews from Friday.
As a little addition, RV Bot is now really running like a charm and read all the transcripts. Which means I can finally debunk one of the myths, namely that RV interviews are always bullish Gold. In the second chart I attached, you can see the average sentiment (blue line) on RV for Gold as well as the bullish/bearish signals (green/red triangles) plotted against the price of the GLD ETF. Definitely some red triangles in there!
Thanks for reading, hope you enjoy the sentiment. Let me know if you want to have special graphs/insights. The Bot can now even deliver sentiment for each person of each interview separatly, so there is definitely some interesting stuff coming.
For more insights stay tuned and follow him on www.twitter.com/realvisionbot