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 #428. 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:
The U.S. markets experienced a mixed week. The S&P 500 and Nasdaq saw moderate gains, buoyed by strong performances in technology and AI-related stocks. Meanwhile, the Dow Jones Industrial Average remained flat as industrial sectors faced headwinds. Investors are closely monitoring upcoming earnings reports for major banks and tech companies. - Europe:
European markets showed resilience, with Germany’s DAX posting a weekly gain of 0.7% and the UK’s FTSE 100 rising 0.4%. Optimism about easing inflation pressures and improved industrial output supported market sentiment. - Asia:
Asian markets were volatile, with China’s Shanghai Composite declining 0.9% due to concerns over weakening economic growth despite recent government stimulus measures. Japan’s Nikkei 225 gained 0.5% on the back of a weaker yen, which supported export-heavy sectors.
Commodities
- Gold (GLD):
Gold continued its upward trajectory, trading at $1,935 per ounce, as investors sought safe-haven assets amidst ongoing geopolitical uncertainties. - Oil (USO):
Crude oil prices rose to $79.50 per barrel, supported by OPEC+ production cuts and unexpected supply disruptions in key exporting countries. - Natural Gas (UNG):
Natural gas saw a sharp rebound, rising 7.04% for the week, driven by colder-than-expected weather in Europe and increased storage withdrawals.
Cryptocurrency
- Market Overview:
Bitcoin (BTC) is trading at $94,694, reflecting a slight increase of 0.24% for the week. Ethereum (ETH) remains steady at $3,266, while altcoins like XRP and Cardano (ADA) posted weekly gains of 4.6% and 5.67%, respectively. - Institutional Activity:
Brevan Howard’s crypto hedge fund reported a 51.3% gain in 2024, underscoring growing institutional interest in digital assets. This trend continues to provide a strong foundation for the market despite ongoing volatility. - Regulatory Concerns:
Outgoing CFTC Chair Rostin Behnam highlighted the need for comprehensive regulations to address potential risks in the $3 trillion cryptocurrency market. This underscores the increasing scrutiny from global regulators. - New Projects:
- Wall Street Pepe (WEPE): A meme cryptocurrency offering trading tools and decentralized exchange features.
- Solaxy (SOLX): A blockchain project focused on sustainable energy solutions and decentralized energy trading platforms.
Key Developments
- U.S. Inflation Data:
December’s Consumer Price Index (CPI) report showed inflation cooling to 3.2%, down from 3.5% in November. This data reinforces hopes that the Federal Reserve may pause rate hikes in its upcoming meeting. - Corporate Earnings Season:
Major banks, including JPMorgan Chase and Bank of America, are set to release Q4 earnings this week. Investors are particularly focused on loan growth and profit margins in a higher-rate environment. - AI Sector Growth:
Nvidia announced plans to expand its AI-focused chip production, driving a 5% increase in its stock price. The company remains a leader in the rapidly growing AI sector, which continues to attract investor attention.
Outlook for the Week Ahead
- Economic Data:
Investors will closely monitor retail sales and industrial production data from the U.S., Europe, and China for further insights into global economic conditions. - Federal Reserve:
All eyes are on Fed Chair Jerome Powell’s comments at an upcoming economic forum, as markets seek clarity on the central bank’s policy direction. - Cryptocurrency Focus:
With institutional interest increasing and regulatory discussions intensifying, the crypto market is expected to remain volatile. Key support levels for Bitcoin and Ethereum will be watched closely by traders.
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.
12th Jan 2025
