2min chapter

Chat With Traders cover image

245: Jason Shapiro - The Mind of a Tape Reading Contrarian Trader

Chat With Traders

CHAPTER

Is There a Difference Between a Commercial and a Commodity Producer?

The commercials in the stock indices have more flexibility and switching from bearish to bullish dances because unlike a commodity producer who depends on receiving enough revenues to cover their costs of production. A commercial player in stocks doesn't have the same limitation, which is why you see quite a quicker movement I think in the stock index CLT data a lot. In commodities when commercials get long it's a pretty loud message right. But the stock indices I just, you know, I take all this data with the COT and I you have to index it to itself right.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode