Welcome to this week’s edition of The Weekly Call, your trusted source for high-quality commodity setups and trading strategies. Since October 2016, our approach has delivered an impressive 777% return, and we continue to share the insights and methodologies that drive these results with this post #421. This week, we’ll explore the latest market trends, actionable trade setups, and global economic factors influencing commodities like sugar, coffee, live cattle, and gold.
Global Equities:
Global equity markets have demonstrated resilience over the past week, with major indices achieving record highs.
- United States: The S&P 500 and Dow Jones Industrial Average closed at record highs, capping off the best month in a year. The S&P 500 is on track for back-to-back years with over 20% gains, a rare occurrence that has happened only four times in the past century. However, historical trends offer mixed signals for the future, with some analysts cautioning against potential market overvaluation.
- Europe: European markets have experienced slight gains amid growing concerns over the Russia-Ukraine conflict. The FTSE 100 increased by 0.1%, Germany’s DAX by 0.6%, and France’s CAC 40 by 0.5% on Wednesday, November 20.
- Asia: Asian markets presented a mixed picture; Japan’s Nikkei 225 fell 0.2%, reflecting a trade deficit for the fourth consecutive month, while China’s Shanghai Composite index remained relatively stable.
Economic Data & Developments:
- U.S. Economic Indicators: Recent data indicates a robust U.S. economy, with inflation easing towards the Federal Reserve’s 2% target. The Fed’s recent interest-rate cuts further support the bullish market stance.
- Corporate Earnings: Companies like Walmart have surpassed profit and revenue forecasts, leading to a 3% rise in shares. Conversely, Target reported a significant earnings miss, resulting in a premarket plummet of over 15%.
Commodities:
- Crude Oil: Oil prices have edged up, with U.S. crude oil increasing to $69.54 per barrel and Brent crude rising to $73.56 per barrel, influenced by escalating hostilities in the Ukraine war and signs of improving demand from China.
- Natural Gas: Natural gas prices have experienced moderate increases, driven by early winter demand forecasts in the U.S. and stable European LNG imports ahead of the cold season.
Cryptocurrencies:
- Bitcoin (BTC): Bitcoin has shown resilience, holding firm as optimism around a potential spot ETF approval from the U.S. SEC grows.
- Ethereum (ETH): Ethereum continues to benefit from the success of its Shanghai upgrade and expanding layer-2 solutions, such as Optimism and Arbitrum.
Corporate News:
- Nvidia’s Anticipated Earnings: Nvidia is set to report its third-quarter earnings post-U.S. market close on Wednesday, November 20. Investors are eagerly anticipating significant movements in stock prices, with the options market predicting an 8% fluctuation, potentially altering its market capitalization by $440 billion.
- TI Fluid Systems Acquisition: TI Fluid Systems is set to exit the London Stock Exchange in a £1 billion acquisition by ABC Technologies, a Canadian firm supported by Apollo Global Management. This move adds to over £52 billion worth of companies leaving the UK stock market in 2024.
Geopolitical Developments:
- Proposed U.S. Tariffs: President-elect Donald Trump has proposed tariffs on imports from Canada, Mexico, and China, potentially affecting various industries, including oil, gas, agriculture, sugar, and potash. These tariffs could disrupt established trade and supply chains, leading to increased costs and supply chain disruptions across these critical sectors.
- Bolivia’s Economic Crisis: Bolivia is experiencing a severe economic crisis marked by escalating fuel shortages, soaring food prices, and a sharp decline in foreign currency reserves. The crisis has triggered public anger and widespread protests demanding solutions from President Luis Arce’s government.
Investor Insights:
- Diversification: Given the current volatility in both metals and energy markets, investors are advised to maintain a diversified portfolio to mitigate sector-specific risks.
- Geopolitical Monitoring: Staying informed about geopolitical developments, particularly in the Middle East, is crucial, as these events can have immediate and significant impacts on commodity prices and related stocks.
- Regulatory Developments: Upcoming policy decisions, especially those related to environmental regulations and energy production, should be closely watched, as they may influence market dynamics and investment strategies.
Stay tuned as global market conditions continue to evolve, and trade smart!
As always, stay informed and adjust your strategies based on the evolving market conditions. All trades are posted on our Private Twitter Feed for subscribers and are included in the track record posted below under Completed Trades. I am currently trading 15 lots given the account balance and will adjust as necessary based on market developments.
The Weekly Call can now be auto-traded on Striker.com. Just call Striker Securities and open an account of at least $25,000 and every trade I make here will be made for you automatically there. I am planning to use the same methodology and risk management approach with the auto-traded account at Striker that I have been using here. If you have a Daily Update or Trader Triple Play membership, there is no subscription fee for the auto-traded account at Striker. For more information, call Striker.com and speak with William at (800) 669-8838. For more information, you can also watch this video from our subscriber Q&A HERE. Trading futures contracts and commodity options involves substantial risk of loss, and may not be appropriate for all investors. Past performance is no guarantee of future results. Please see our Disclaimer for more information.
The trades below are discussed on the Daily Update: – Click Here for a FREE Trial
Sugar
Coffee
Live Cattle
Gold (GC)
Come see what we are trading – Try our 30 day FREE trial – Click Here
COMPLETED TRADES
Track Record of Completed Trades
The purpose of this blog is to demonstrate how to swing trade futures using our methodology to select high-quality setups and manage the trade with our risk management approach. This track record is based on entries and exits as posted in this blog. I am currently using 15 lots for the Striker trades which is based on this account being over $375,000. Each lot for auto trading at Striker requires $25,000 per lot. See the videos below for more information.
Track Record January 2022 thru December 2022 Click Here.
Track Record January 2021 thru December 2021 Click Here.
Track Record January 2020 thru December 2020 Click Here.
Track Record January 2019 thru December 2019 Click Here.
Track Record January 2018 thru December 2018 Click Here.
Track Record October 2016 – December 2017 Click Here.
*** Trading futures contracts and futures options involves substantial risk of loss, and may not be appropriate for all investors. By reading this web site, you acknowledge and accept that all trading decisions are your sole responsibility. Trading strategies referenced on this web site and associated documents and emails are only suggestions, no representation is being made that they will achieve profits or losses. Past performance is no guarantee of future results.. See our disclaimer here.
Completed trade in Cattle as of November 28th
We expect subscribers to have captured 60% of the swing in live cattle which is over $14,500 in profit using a margin of only $5,115. A great example of using leverage in futures.
Completed Trade in Coffee as of December 12th
The total swing was $37.00 and we expect subscribers to have captured 60% of a wing or $22 in coffee for a profit of over $25,500 using a margin of $8,850. A great example of using leverage in futures. See the video below for the review of the trade.
Completed Trade in Natural Gas as of January 2nd
We were stopped out of out last 1/3 position as weather-related news created a gap down on January 2nd and a possible flat with support at 3.196. This concludes our trade with natural gas; we exit with 550 ticks on 2/3s of a position with $8,500 in profit.
Completed Trade in Coffee as of January 19th
We exited the coffee trade on January 19th with $17 or over $15,000 in profit using a margin of $8,850. A great example of using leverage in futures.
Completed Trade in Gold as of February 8th
We exited the gold trade on February 8th with over $14,000 in profit. We entered on January 3rd and held the trade into the high window. We will re-enter gold in a few weeks after a backtest.
30th Nov 2024
