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 #424. 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.
Equity Markets:
- United States:
- SPDR S&P 500 ETF Trust (SPY): Currently trading at $591.15, reflecting an increase of 0.85% from the previous close.
- Invesco QQQ Trust (QQQ): Standing at $518.66, up 0.88%.
- SPDR Dow Jones Industrial Average ETF (DIA): At $428.54, showing a rise of 0.94%.
Investors are digesting the Federal Reserve’s recent interest rate cut and its implications for economic growth and inflation.
- Europe:
European markets have shown mixed results, with the UK’s FTSE 100 experiencing slight declines due to concerns over economic growth, while Germany’s DAX has seen modest gains amid positive industrial output data.
- Asia:
Asian markets have been volatile; Japan’s Nikkei 225 has faced downward pressure due to a stronger yen affecting exporters, while China’s Shanghai Composite has experienced gains following government stimulus measures aimed at boosting economic activity.
Commodities:
- Metals:
- SPDR Gold Shares ETF (GLD): Trading at $242.10, up 1.06%, as investors seek safe-haven assets amid market volatility.
- iShares Silver Trust (SLV): At $26.92, showing an increase of 1.51%, influenced by industrial demand concerns.
- Global X Copper Miners ETF (COPX): Priced at $38.91, up 1.67%, reflecting uncertainties in global manufacturing demand.
- Energy:
- United States Oil Fund (USO): At $73.10, an increase of 0.63%, as markets weigh supply concerns against potential demand increases from economic stimulus measures in major economies.
- United States Natural Gas Fund (UNG): Trading at $15.87, up 3.05%, driven by seasonal demand and storage level considerations.
Cryptocurrency:
- Bitcoin (BTC): Currently at $95,672, down 2.03% from the previous close, after recently surpassing the $100,000 milestone.
- Ethereum (ETH): Trading at $3,326.94, a decline of 2.04%, with ongoing developments in decentralized finance (DeFi) and layer-2 scaling solutions.
- Solana (SOL): At $182.68, down 2.16%, maintaining interest due to its high throughput capabilities.
- Dogecoin (DOGE): Priced at $0.3150, a decrease of 3.67%, with value fluctuations influenced by market sentiment and social media trends.
Notable Developments:
- Federal Reserve Decision: The Federal Reserve has implemented a quarter-point interest rate cut, marking its third consecutive reduction, as it navigates steady economic growth and persistent inflation.
- Investor Sentiment: A recent survey indicates that investors have become “super bullish,” with record low cash allocations and increased investments in U.S. stocks and the financial sector. This optimism is driven by expectations of U.S. economic growth, anticipated interest rate cuts, and the re-election of President Donald Trump.
- Cryptocurrency Market Dynamics: The cryptocurrency market is experiencing unprecedented growth, fueled by speculative investments and the political influence of President-elect Donald J. Trump. Meme coins and novelty assets like Fart Coin, which lack substantial utility, have reached billion-dollar valuations. Longtime holders of Bitcoin, which has surpassed $100,000, are cashing out on luxury items, while high-profile figures like Justin Sun make extravagant purchases, such as a $6.2 million art piece of a banana he subsequently ate. Trump’s acceptance and promotion of crypto, coupled with expectations of deregulation, have bolstered market confidence, leading investors to aggressively invest in various digital assets. This has led to inflated prices for assets like NFTs and encouraged the launch of new crypto ETFs. However, the rapid market fluctuations and regulatory uncertainties highlight potential risks and the perils of unregulated speculative investments. Trump’s connection to controversial figures and potential conflicts of interest further complicate the landscape, raising questions about the future trajectory of the cryptocurrency market under his administration.
New Cryptocurrency Projects:
- Wall Street Pepe (WEPE): A new meme coin blending the popularity of Pepe with Wall Street trading themes, offering alpha calls and exclusive trading insights for its community. The project has raised $32 million during its ongoing presale.
- EigenLayer: A decentralized protocol aiming to enable the reuse of already staked Ethereum (ETH) to provide additional services, enhancing blockchain security and innovation.
Investor Insights:
- Market Volatility: The current environment underscores the importance of diversification and caution, especially with recent central bank decisions and geopolitical developments.
- Regulatory Environment: Staying informed about regulatory changes, particularly in the cryptocurrency sector, is crucial as new policies can significantly impact market dynamics.
- Emerging Opportunities: New cryptocurrency projects present potential investment opportunities; however, thorough research and due diligence are essential before making investment decisions.
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.
22nd Dec 2024
