December 2020 Editors Comments

Monday, 02 November 2020 13:49 Melissa Moore
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Special Historical Reports

MRCI publishes a new round of volumes in its series of special reports each year.

Hottest off the press:

2020 Historical Indices: this 186-page volume features seasonal analysis for US stock indices SP500, SP400 Midcap, NASDAQ 100, Russell 2000, DJIA and several international; includes
62 strategies for US indices and 108 for those international.

2020 Historical Metals: an 84-page volume featuring seasonal analysis for gold, silver, platinum, and copper; with 42 seasonal strategies and 30 spreads for year-round trading ideas.

2020 Historical Forex: this 218-page volume features seasonal analysis of the Australian, Canadian, New Zealand, and US dollars, the British pound, Japanese yen, EuroFX, Swiss franc, and Mexican Peso; weekly charts for each delivery month; several inter-market spreads; best of all, 236 seasonal and spread strategies.

Recently published:

2020 Historical Brent: the perfect complement to 2020 Historical Energy highlighted immediately below, this 220-page volume features seasonal analysis for Brent Crude - upon which much of the world's oil is priced - and gasoil; with 74 trading strategies, including spreads between crude light and Brent crude.

2020 Historical Energy: this 280-page volume features seasonal analysis for crude oil, gasoline, heating oil, and natural gas; with seasonal patterns and weekly charts for each delivery month and several spreads, including product and crack spreads; with 190 seasonal and spread strategies.

2020 Historical Softs:  this 154-page volume features seasonal analysis for cocoa, coffee, cotton, orange juice, sugar, and rice; with seasonal patterns and weekly charts for each delivery and several spreads; presents 84 seasonal and spread strategies.

2020 Historical Soybean: this 174-page volume features seasonal analysis of each member of the soybean complex soybeans, soybean meal, soybean oil with seasonal patterns and weekly charts for each delivery and several spreads, including those for product and crush; with 128 seasonal and spread strategies.

2020 Historical Grains: this 174-page volume contains seasonal analysis of corn, oats, and wheat (CBOT, KC, MGE), with seasonal patterns and weekly charts for each delivery month and several spreads; best of all, presents 122 seasonal and spread strategies, both intra- and intermarket.

2020 Historical Live Cattle/Feeder Cattle this 148-page volume contains seasonal analysis in the cattle complex, with seasonal patterns, weekly charts, and historical daily charts for each delivery month of these two markets; includes cash data for several markets; presents 66 seasonal, LC/LC and FC/FC spreads, and FC/LC spreads.

2020 Historical Lean Hogs & Hogs/Cattle Spreads: this 126-page volume analyzes seasonal movement in lean hogs, with seasonal patterns and weekly charts for each delivery month and several spreads between them, and historical daily charts: contains 76 seasonal and spread strategies in hogs and cattle/hog spreads.

CRB & Physical Commodities

The CRB traded in a range throughout October.  The high was 152.73, the low 142.59.  It spent the month of October trading just below the 50-week moving average of 150.61, which closed October at 144.73.

Grains and soybeans enjoyed strong rallies during harvest!  Does that counterseasonal move imply simmering strength that could erupt in the future?  World wheat-growing areas have been suffering from a lack of moisture.

Gold and silver have perhaps been consolidating.  If so, are they preparing to make another run higher?  If so, what does that mean?  While
those two precious metals get a lot of attention, have you looked at copper?

Cattle and hogs have been strong lately, along with sugar and cotton.  Had you noticed that lumber made an all-time not so long ago at $1,000/bd ft?  Other markets, such as cocoa, coffee, and orange juice have shown some sporadic strength.

Crude oil and products have been struggling, but seem to be in a trading range rather than a downtrend.  In contrast, has natural gas finally made a major bottom?

Will central banks around the world generate a competitive currency devaluation?  Will there be another US stimulus program?

What can you possibly do but ...


Trade 'em,

Last Updated on Monday, 02 November 2020 13:51