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 #423. 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 stock markets showed mixed movements this week, with significant drivers including economic data releases, corporate earnings, and geopolitical developments.
- United States: The S&P 500 ended the week with modest gains, closing at 4,982, up 0.6%. The Nasdaq Composite hit a record high midweek before pulling back slightly, driven by continued strength in tech and AI-related sectors. The Dow Jones Industrial Average underperformed, dropping 0.3%, reflecting a rotation out of cyclical stocks. Investors are preparing for the Federal Reserve’s rate decision next week, which is widely expected to bring a 0.25% cut to interest rates.
- Europe: European markets rose slightly, with Germany’s DAX up 0.5% and France’s CAC 40 gaining 0.4%. The FTSE 100 remained flat as concerns about stagnating growth in the UK offset gains in energy stocks.
- Asia: Asian markets were mixed, with Japan’s Nikkei 225 down 1% due to weak industrial output data, while Hong Kong’s Hang Seng Index fell 2.1%, pressured by tech sector declines. China’s Shanghai Composite eked out a 0.3% gain on optimism around recent government stimulus efforts.
Energy Markets:
Energy prices rebounded this week, ending a streak of losses that began in November.
- Crude Oil: Brent crude rose 3.2% to $73.48 per barrel, while WTI crude climbed 3.5% to $70.11 per barrel. The gains were fueled by expectations of increased demand from China following stronger import data and tighter supply due to enhanced sanctions on Iran and Russia.
- Natural Gas: Natural gas futures gained 3.8%, reaching $3.84 per MMBtu, supported by early winter heating demand in Europe and North America.
Metals Markets:
Precious and industrial metals saw limited volatility as traders balanced central bank policy expectations with weak demand indicators.
- Gold: Gold edged higher to $1,975 per ounce, supported by safe-haven demand as investors remain cautious about global economic uncertainties.
- Copper: Copper slipped 0.8% to $4.15 per pound, reflecting ongoing concerns about sluggish manufacturing activity in China, the largest consumer of industrial metals.
Cryptocurrency:
The cryptocurrency market continues to rally, led by Bitcoin’s historic price movements.
- Bitcoin (BTC): Bitcoin surged past $100,000 this week, trading at $101,491, driven by institutional adoption and optimism about regulatory clarity under the incoming U.S. administration. Analysts predict further gains, with some projecting BTC to reach $150,000 by mid-2025.
- Ethereum (ETH): Ethereum held steady at $3,996, buoyed by growth in DeFi and layer-2 scaling solutions like Optimism and Arbitrum.
- Notable Projects: Sui (SUI) gained attention after climbing nearly 97% in the past month. The blockchain’s innovative smart contract capabilities and DeFi ecosystem have propelled its growth.
Key Developments:
- MicroStrategy Joins Nasdaq-100: MicroStrategy’s inclusion in the Nasdaq-100 Index on December 23 marks a milestone for crypto-focused companies. The firm’s stock has soared alongside Bitcoin’s rally, solidifying its position as a key Bitcoin proxy.
- BlackRock’s Crypto Portfolio Guidance: BlackRock recommended a portfolio allocation of up to 2% in Bitcoin, citing its potential for diversification. This guidance underscores growing institutional confidence in the asset class.
- Broadcom’s AI Revenue Surge: Broadcom reported a 220% year-over-year increase in AI-related revenue during its fiscal Q4, propelling its shares 18% higher. AI integration continues to attract investor focus.
Looking Ahead:
The upcoming Federal Reserve meeting and U.S. inflation data will be critical for setting the tone in equity and commodity markets. In the cryptocurrency space, institutional inflows and regulatory updates will remain key drivers of sentiment. Investors are advised to maintain diversification as global risks and opportunities evolve.
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.
14th Dec 2024
