As I look through the longer-term commodity charts, I see
one downtrending market after another.
The main exception is the precious metals. The weakness in commodity
prices seems to makes sense with the increased recession talk on the financial
networks. Economic growth in Europe is anemic and may be recession bound in the
near future. Now let’s not forget that the yield...
Live cattle futures had limit-down moves on Monday and
Tuesday, losing about 7 percent of its value in that rapid decline. The news
that rocked the market was a severely damaging fire at a Tyson Fresh Meats
plant in Kansas. The plant represents about 5-6 percent of the cattle
processing capacity in this country. Needless to say, cattle traders headed for
the...
It is absolutely essential to have a trading plan in writing
before you begin trading commodities. Do not take this statement lightly. A
sound trading plan is one of the most critical pieces to your success in
trading commodities. Without a trading plan, you will be prone to inconsistent
and erratic trading with a lack of confidence that might drain your...
Cold weather is finally arriving across the US that can
actually have an impact on natural gas prices. The updated forecasts for early
to mid-November came out on Friday and they are calling for much colder weather
than expected. While temperatures are currently cold across much of the Midwest
and Northeast, the cold blast next week is expected to spread into...
Commodity Trading Advisors (CTAs) have been performing
fairly well as a whole thus far in 2019 with Autumn Gold CTA
index (non-investable) reporting 5.79% YTD. The Barclay
CTA Index is up about 7.61 percent as of August. Both indices are comprised
of about 400 - 500 CTAs of various strategies and markets traded. This is
slightly better than their Hedge
Fund Index of...
