Trade Mark

01/04/2020: Oats Find Their Own Way

Oats, which used to be known for tracking corn prices, began to find their own way when plnated acreage declined in the U.S. Other crops were more profitable. This led to a shortage, along with trade restriction problems with Canada, and began to drive up the price of oats. Currently, they seem to be on a track of their own.

In fact, oats have been one of the strongest commoditiy performers this past year, up 27%.
Our recent article on Oats is in the Archives Section below.

01-12-2020: Some Commodities We Haven't Currently Reviewed

How do we pick a commodity for review? Here are technical strength or weakness ratings for 12/31//2019 on the other major commodities not being currently being reviewed or traded on this site. One way to choose a commodity for review is to look at the previous activity and compare it to the present one, to see if there were any dramatic changes. Commodities currently under review on our list of about 18 on this site are not shown below. It's just a way of keeping track of what else is going on with other commodities.


Current Actvity:                                                                                             Previous Activitiy:

The ratings are good only for date shown, and rapidly change each day, whereas we review the list only periodically. Once a commodity appears on our list of articles and is being currently traded, we consider its long-term direction has been established and trade consistently from that direction wtihout worrying about day-to-day changes. However, that procedure is not the one we use in swing trading stocks.

Archive List

01-18-2020: March Oats: Reduced Planted Acreage

01-04-2020: March Feeder Cattle: Less Liquidity and Direction

12-19-2019: April Platinum: So. African Power Outages Affect Mine Production

12-10-2019: March Coffee: Global Supply Diminishes

11-23-2019: January Orange Juice: Supply/Demand Issues

10-30-2019: December Ethanol: Uncertainty Faces Use

10-25-2019: December Silver: Bank Illiquidity Supports Precious Metals

10-21-2019: December British Pound: Chaos in Parliament

10-14-2019: December Cocoa: Multinationals Urged to Susport Sustainability

10-10-2019: November Rough Rice: Relatively Flat Trade

10-01-2019: November Gasoline:: Saudi Production Limited Impact

09-12-2019: December S&P 500 Index: How Is the Little Guy Benefitted?

08-26-2019: October Milk, Class III: Dairy Farms Driven Out of Business

08-20-2019: December Live Cattle: Plant Fire Causes Backlog

08-14-2019: December Chicago Wheat: Too Much Around

08-11-2019: December Soybean Oil: China Allowed to Dominate Market

08-03-2019: December Cotton: New Tariffs Sink Agricultural Economy

07-29-2019: September Copper: Renewable Energy Sources Demand Copper

07-25-2019: October World Sugar: Supplies Plentiful

07-17-2019: September Lumber: Canadian Mill Curtailment



Performance

Updated once a week (usually on Saturdays) unless the preceding week had less than five trading days.

All Commodities Trades: 01/02/2020 - 01/10/2020

  # Commodity           BS    Buy   Sell   Last    Gain Intended  Rough   Group
                                                 (Loss)    Risk Percent

 4 Feb Ethanol          C 130.10 138.70 134.90 $  6,760  14,800  10.9% Energies
10 Mar Soybean Oil      C  34.36  34.45  33.35 $    240  14,940  22.0% Grains  
 5 Mar British Pound    C 130.89 129.78 130.40 $ -3,619   3,469   1.3% Currency
 7 Mar Cocoa            C  25.67  27.97  27.97 $ 15,890  14,980  22.0% Softs   
 5 Mar Cotton #2        C  70.01  71.10  71.25 $  2,575  14,975   5.5% Cotton  
10 Feb Milk Cl.III      S         17.51  17.43 $  1,300  14,800   5.4% Dairy   
 2 Mar S & P 500 E-Mini C 328.00 331.60 332.50 $  3,540  14,900   5.5% Stock Id
 4 Mar Feeder Cattle    C 143.30 147.15 145.00 $  7,580  14,980  11.0% Meats   
 3 Mar Hi Grade Copper  C 281.80 287.40 284.50 $  4,110  14,925   5.5% Copper  
 4 Mar Coffee "C"       C 117.00 118.55 112.15 $  2,205  14,985  22.0% Softs   
 9 Feb Live Cattle      L 125.28        126.35 $  3,582  14,976  11.0% Meats   
10 Mar Oats             L 304.40        311.80 $  3,400  14,950  22.0% Grains  
10 Mar Orange Juice     C  96.69  97.10  95.05 $    315  14,985  22.0% Softs   
 6 Apr Platinum         C  95.63 104.25 102.48 $ 25,680  14,970  11.0% Prec Met
 2 Mar Gasoline         C 164.30 168.30 165.50 $  3,300  14,784  10.9% Energies
10 Mar Rough Rice       C 132.08 134.41 135.15 $  4,360  14,980  22.0% Grains  
10 Mar Sugar #11 World  C  14.04  14.06  14.45 $    -76  14,784  22.0% Softs   
 2 Mar Silver Mini      C  17.89  18.11  18.07 $  1,040  14,950  11.0% Prec Met
 9 Mar Chicago Wheat    C 559.50 566.20 570.50 $  2,745  14,895  22.0% Grains  

            Adjustment for Open Positions: -($    8,282)

Prior to 1/13:
Other Gains/-Losses This Reporting Period:   $   61,844  ***
 ***  For Contracts Closed or Rolled Forward  __________
 
Total for all Trades:                        $  138,489

Stocks Site.

Music of Francis Poulenc

Trading in commodities involves substantial risk and past performance is no guarantee of future profits.  Zenith does not sell advice nor does it manage discretionary accounts other than its own. Readers should be aware of the vested interest that all traders/brokers have in encouraging other traders to make the same transactions.  No one should follow investment advice blindly.  This web site should be used only as a "sounding board" for confirming one's own opinion.  Any suggested order placements should be reviewed and reset to fit current market conditions by individual traders.

Recommendations may include trades which have already been made on the same or a previous day, otherwise the issue is placed on a "watch list." Suggested trades are based upon an approximate maximum $15,000 capitalization requirement per trade, depending upon initial contract margin requirements.  Zenith's actual trades may be larger.  $22 per round turn for futures is deducted from profit figures.   Commodity option trade recommendations are not tracked, but performance should parallel that of the underlying commodity's.

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