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 #506. 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.
U.S. Markets (Friday, May 8 close)
S&P 500 (SPY): Closed near 7,392.56, up about 0.8% Friday and higher for the week.
Nasdaq Composite (QQQ): Around 26,247.08, up about 1.7% Friday and leading the market.
Dow Jones Industrial Average (DIA): Approximately 49,609.16, roughly flat Friday but still positive for the week.
U.S. stocks finished at fresh record highs as strong jobs data, AI leadership, and tech momentum outweighed Middle East concerns.
Global Markets
FTSE 100 (UK): Slightly firmer as global risk appetite improved.
DAX (Germany): Higher as European equities followed the U.S. tech-led rally.
Nikkei 225 (Japan): Stronger, supported by semiconductor strength and global AI momentum.
Shanghai Composite (China): Mixed as policy support hopes were offset by softer domestic growth signals.
Global sentiment remained constructive, but leadership stayed concentrated in AI, semiconductors, and large-cap technology.
Commodities Snapshot (Friday close)
Gold: Around $4,700+/oz, still elevated despite the risk-on equity backdrop.
Silver: Near $77–$78/oz, holding historically strong levels.
Copper: Firm but volatile, supported by industrial demand expectations.
Crude Oil (WTI): Around the mid-$90s/barrel, still sensitive to Iran, Hormuz, and broader Middle East headlines.
Natural Gas: Near $2.80/MMBtu, stabilizing after recent weakness.
Commodities remained split: oil stayed geopolitically sensitive, while gold and silver continued to reflect persistent hedge demand.
Cryptocurrency Market (Friday close)
Bitcoin (BTC): ≈ $80,200–$80,400, holding near the $80,000 level after rejection near $82,500.
Ethereum (ETH): ≈ $2,290–$2,300, stabilizing but still lagging Bitcoin.
Solana (SOL): ≈ $88–$90, improving but still not leading.
XRP (XRP): ≈ $1.39–$1.40, consolidating.
BNB (BNB): ≈ $640, holding up well among large-cap altcoins.
Cardano (ADA): ≈ $0.26, modestly improved but still defensive.
Dogecoin (DOGE): ≈ $0.10–$0.11, slightly firmer with improved retail interest.
Crypto remained constructive but selective. Bitcoin stayed the clear leader, while Ethereum and large-cap altcoins improved unevenly.
Key Market Drivers
- AI and semiconductors continued to dominate: Tech leadership drove another strong week for the Nasdaq and S&P 500.
- Jobs data surprised stronger: April employment data helped ease slowdown fears and supported risk appetite.
- Middle East risk remained unresolved: U.S.-Iran tensions kept oil and commodities in focus.
- Bitcoin held near $80,000: ETF flows remained important, though late-week outflows created caution.
- Institutional crypto access expanded: Morgan Stanley began piloting crypto trading through E*Trade, starting with Bitcoin, Ethereum, and Solana.
Emerging Crypto Projects & Ecosystem News
- Morgan Stanley / E*Trade crypto pilot: This is one of the most important adoption stories of the week because it expands direct crypto access through a major brokerage channel.
- Bitcoin ETF narrative remains dominant: Strong recent ETF demand helped support BTC, though late-week outflows show traders are taking profits near resistance.
- XRP and Solana remain selective institutional themes: Capital is beginning to look beyond Bitcoin and Ethereum, but not broadly enough to call it full altcoin season.
- Infrastructure still leads speculation: ETF access, custody, tokenized assets, AI-linked blockchain infrastructure, and institutional rails remain stronger themes than pure meme-driven speculation.
Outlook for the Week Ahead
- Macro calendar: CPI, PPI, retail sales, and Fed commentary will guide the next move.
- Equities: The rally remains powerful but extended; AI and mega-cap tech need continued earnings support.
- Crypto levels to watch:
BTC: Support around $78,500–$79,000, resistance around $82,500–$85,000.
ETH: Support around $2,250–$2,275, resistance around $2,400–$2,500.
SOL: Support around $86–$88, resistance around $95–$100. - Strategy note: Momentum remains strong, but markets are extended. Favor leadership, manage risk carefully, and avoid chasing low-quality speculative names without confirmation.
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.
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.
09th May 2026
