The Weekly Call for February 9TH

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 #432. 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:

• S&P 500: Closed at 4,625, up 1.3% for the week, driven by robust corporate earnings and improving investor sentiment.
• Nasdaq Composite: Rose 2.0% to 15,300, led by gains in the technology and artificial intelligence sectors.
• Dow Jones Industrial Average: Gained 0.9%, ending the week at 35,990, supported by industrial and financial sectors.

Europe:

• Stoxx 600: Increased by 0.6%, reflecting optimism about easing inflation in the Eurozone and better-than-expected GDP growth in Germany.

Asia:

• Nikkei 225 (Japan): Gained 1.5% as export-heavy industries benefited from a weaker yen.
• Shanghai Composite (China): Fell 0.7% amid concerns about slower-than-expected recovery in domestic demand.

Commodities

• Gold (GC): Climbed to $1,980 per ounce, up 0.4%, as investors sought safe-haven assets amid persistent geopolitical uncertainties.
• Crude Oil (CL): Settled at $79.85 per barrel, down 1.5% for the week, reflecting supply concerns and volatile demand projections.
• Natural Gas (NG): Declined 2.3% to $4.02 per MMBtu, influenced by milder weather forecasts and increased inventory levels.

Cryptocurrency

• Bitcoin (BTC): Trading at $96,292, down approximately 1.4% over the past 24 hours, influenced by a broader tech selloff and market speculation.
• Ethereum (ETH): Priced at $2,625.52, reflecting a 2.2% decrease, with ongoing interest in decentralized applications and smart contracts.
• Solana (SOL): Trading at $195.97, up 0.005%, continuing to attract attention due to its high transaction speeds and expanding ecosystem.
• Dogecoin (DOGE): At $0.2529, up approximately 0.99%, maintaining its position as a popular meme coin with a dedicated community.

Key Developments

1. Market Volatility Amid Tariff Announcements

   The cryptocurrency market faced a significant downturn following President Donald Trump’s announcement of new tariffs on imports from Mexico, Canada, and China. This policy shift led to a market-wide sell-off, with Bitcoin dropping over 9% to approximately $91,200, contributing to over $2.2 billion in liquidations.

2. Legal Challenges for Coinbase

   A U.S. District Judge ruled that Coinbase must face a lawsuit alleging the sale of unregistered securities. The court rejected Coinbase’s defense, stating that transactions were directly with the exchange, classifying it as a “statutory seller.” This development adds to the regulatory scrutiny the platform is currently under.
3. Proliferation of Trump-Themed Meme Coins

   Following the launch of the $TRUMP meme coin, over 700 copycat cryptocurrencies have emerged, many posing as official tokens. These imitators have raised concerns about potential fraud and investor protection within the crypto community.
4. MicroStrategy’s Continued Bitcoin Investment

   Strategy Inc., formerly MicroStrategy, has raised an additional $584 million through preferred stock sales to further its Bitcoin acquisition strategy. The company’s holdings now total 218,887 bitcoins, acquired at an average price of $64,511 per bitcoin. Despite these investments, the company’s stock has faced recent declines.

Emerging Crypto Projects

• Solaxy (SOLX): Positioned as a green energy blockchain project, Solaxy focuses on renewable energy credits and is gaining attention for its environmental initiatives.
• Wall Street Pepe ($WEPE): A meme coin blending finance humor with real utility, raising over $69 million in its presale and attracting a community of over 30,000 active members.
• Qubetics ($TICS): Aiming to revolutionize online privacy with a decentralized VPN, Qubetics has raised over $11.6 million in its presale, attracting more than 17,900 holders.

Investor Insights

• Equities: Strong corporate earnings, particularly in the tech sector, have bolstered investor confidence. However, caution is advised due to potential volatility stemming from geopolitical tensions and regulatory changes.
• Commodities: Gold remains attractive as a hedge against uncertainty, while crude oil prices may face volatility due to geopolitical factors.
• Cryptocurrencies: The market shows resilience with emerging projects gaining traction. Investors should conduct thorough due diligence, especially with the influx of new tokens and regulatory developments.

Outlook for the Week Ahead

• Federal Reserve Meeting: The upcoming interest rate decision will be critical, with expectations leaning toward a pause in rate hikes amid easing inflation.
• Corporate Earnings: Major companies, including Apple, Alphabet, and Meta, are set to release Q4 earnings, which will likely influence market sentiment.
• Crypto Market Dynamics: Emerging projects like $TRUMP Coin and Solaxy continue to dominate discussions, and regulatory updates may further impact sentiment.

Stay tuned as global market conditions continue to evolve, trade smart and trade safe!

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.