Zenith Trading & Holding Corporation

A recent gold rally may have appeared to have fizzled. A strengthening U.S. Dollar amid various world crises and a refusal of over-valued equity markets to change overall market sentiment, do not support gold. Neither do commercial and bank interests which appear to be hedging the bets.

Silver, which is a bit more thinly-traded and volatile is increasingly attracting investors although it is a little less "liquid." They base their optimism upon a rather defunct historic gold/silver ratio.

We see the "technicals" as favoring a difficult if not impossible climb for gold, which has disappointed investors throughout the recent bull markets globally. But central banks are beginning to revive interest in safe haven buillion.

How do we pick a commodity for review? Here are technical strength or weakness ratings for 01/18 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.

Palladium 96 Oats 80 Sugar #11 56 Soybean Meal 48 Soybeans 40 Corn 32 Soybean Oil 32 British Pound 24 Chicago Wheat -8 Treasury Notes 8 Eurodollars 8 S&P 500 Index 8 NASDAQ 100 Index 8 Gasoline 0 ________________________ Milk Cl III -96 Swiss Franc -80 Platinum -80 Feeder Cattle -64 Euro Currency -48 Rough Rice -40 Coffee "C" -32

Palladium 96 Gold 88 Treasury Notes 64 Eurodollars 64 Oats 56 Soybean Meal 48 Sugar #11 48 Soybeans 48 Euro Currency 32 Swiss Franc 24 Chicago Wheat 16 British Pound 16 Corn 8 Platinum 0 ________________________ Milk Cl III -80 Feeder Cattle -32 Coffee "C" -24 S&P 500 Index -16 NASDAQ 100 Index -16 Gasoline -16 Rough Rice -8

# Commodity BS Buy Sell Last Gain Intended Rough Group (Loss) Risk Percent 7 Feb Ethanol C 125.70 129.10 127.90 $ 6,692 14,819 12.9% Energies 10 Mar Australian Dollr C 71.82 72.13 71.74 $ 2,800 12,000 18.4% Currency 7 Mar Cocoa C 23.23 23.75 23.07 $ 3,430 14,980 11.8% Softs 11 Mar Canadian Dollar C 75.72 75.70 75.46 $ -550 220 18.4% Currency 4 Mar Crude Oil C 54.14 53.40 54.04 $ -3,080 2,960 12.9% Energies 5 Mar Cotton #2 C 72.50 74.36 73.89 $ 4,500 14,975 5.9% Cotton 8 Mar U.S.Dollar Index C 95.45 95.69 95.99 $ 1,680 14,960 18.4% Currency 4 Jun Gold C 129.78 130.37 129.52 $ 2,240 14,960 11.8% Prec Met 10 Apr Lean Hogs L 64.29 66.28 $ 7,660 14,960 11.8% Meats 4 Mar Hi Grade Copper C 262.70 267.60 271.90 $ 4,780 14,900 5.9% Copper 3 Mar Heating Oil #2 C 184.70 190.70 190.80 $ 7,470 14,994 12.9% Energies 6 Mar Japanese Yen C 91.72 92.69 91.50 $ 7,095 14,925 18.4% Currency 10 Mar Kansas Wheat C 490.00 508.90 506.00 $ 9,150 14,800 5.8% Grains 6 Mar Lumber S 362.60 354.90 $ 4,902 14,982 5.9% Lumber 9 Apr Live Cattle C 126.47 127.29 127.38 $ 2,682 14,976 11.8% Meats 9 Mar Natural Gas Mini C 34.06 29.90 32.39 $ -9,630 9,360 3.7% Nat Gas 14 Mar Orange Juice C 119.12 123.01 119.85 $ 7,749 14,973 11.8% Softs 11 Mar Mexican Peso 500 C 526.00 517.90 519.00 $ -4,785 4,455 18.4% Currency 3 Mar Silver Mini L 15.41 15.40 $ -165 14,925 11.8% Prec Met 5 Mar Treasury Bonds C 144.86 145.75 144.53 $ 4,300 14,950 5.9% Finance Adjustment for Open Positions: -($ 12,397) Prior to 1/14: Other Gains/-Losses This Reporting Period: $ 82,183 *** *** For Contracts Closed or Rolled Forward __________ Total for all Trades: $ 128,706

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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All Commodities Trades: 01/02/2019 - 01/19/2019