Still long the Live Cattle contract. Adjusted the stop loss several times to lock in profit. Stopped in and out of the Orange Juice contract for a loss.
Trading Advisories
Turner’s Take Podcast: COVID Vaccine Progress | Rumors of China Buying US SRW Wheat
The macro markets are rallying on COVID vaccine progress while whear rallies off rumors of China buying US SRW Wheat
Turner’s Take Podcast: Weather Forecast is Cooler and Wetter
We are in a weather market for corn and soybeans. The forecasts are cooler and wetter and that is good for production
Trade Spotlight: Futures – Weekly Summary: Cattle
Went long the Live Cattle futures market on a breakout.
Trade Spotlight: Spreads (June Monthly Summary)
The Trade Spotlight advisory service consists of three segments covering futures, futures spreads, and commodity options. The commodity markets are analyzed by applying our methodology and recommendations are delivered to you based on our trading philosophy. Our technique is to track specific chat patterns for breakouts and apply key technical indicators to confirm the trade setup.
Trade Spotlight: Options (June Monthly Summary)
The Trade Spotlight advisory service consists of three segments covering futures, futures spreads, and commodity options. The commodity markets are analyzed by applying our methodology and recommendations are delivered to you based on our trading philosophy. Our technique is to track specific chat patterns for breakouts and apply key technical indicators to confirm the trade setup.
Bullish Momentum Closes out Q2 with the S&P 500 Moving Higher
Did you catch this trade with me? Equity futures continued their bullish run closing out the quarter higher!
Bullish TAS Vega Signaling Continued Rally in Equity Futures
Bullish continuation from yesterday afternoon is back. Can this rally continue to dodge the Coronavirus concerns?
Turner’s Take Podcast: Planting and Stocks Report Tomorrow
The June 30 Acreage and Quarterly Stocks report always has the potential for big moves in corn, soybeans, and wheat
Selling Momentum Plunges Equity Futures Lower as Our ES Target is Hit
The S&P 500 continued its bearish price action following my last update to sell the ES with the YM leading equity futures lower.