Recent Trades
We published a sell signal in copper futures one day after the market's high at Equities.com because the commercial traders had built up their most bearish position since 2003 as the market rallied.
The market fell more than $.20 per pound or, $5,000 in the next two weeks.
Producer Selling to Halt Copper Rally
This is a good example of commercial producers' hedging ahead of a seasonal top. We wrote, "Natural Gas Unsupported at Elevated Levels" for Equities.com on October 11th. Natural gas has fallen by more than $6k since we published the Discretionary COT Sell Signal on 10/14/2016.
These are the Mechanical COT trades for the same period as the TraderPlanet article, below.
Gold, Dollar & Bonds Sample Portfolio
We expect this is the last gasp higher for U.S. Dollar Index.
Our analysis for TraderPlanet in, "The Mighty U.S. Dollar: On the Verge of a Turn."
Our S&P 500 commentary for Equities.com
See also, "Commercial Traders Own the Stock Market's Gyrations."
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
