Special Report

storck

For What It’s Worth

FOR WHAT IT IS WORTH

In house model as of Friday’s close suggested one watch for levels to buy October Cattle.  The negative indicator had become overstretched to the downside suggesting that buying opportunities may be close at hand.  As of Friday’s close the negative indicator was over the third standard deviation of the 208 week average. Over the past 208 weeks the negative indicator exceeded present levels only once.  We know that past performance is not indicative of future results.  What to do?  I would suggest being patient and look for setbacks from current levels to buy.

In house model as of Friday’s close suggested one prepare them to buy December Corn on further setbacks.  The negative indicator had become overstretched to the downside suggesting that buying opportunities may be close at hand.  As of Friday’s close the negative indicator was over the second standard deviation of the 208 week average. Over the past 208 weeks the negative indicator exceeded present levels only four times.  We know that past performance is not indicative of future results.  What to do?  I would suggest being patient and look for further setbacks from current levels to buy.

There is significant risk involved in trading futures and/or options on futures. Futures and/or options of futures trading may not be suitable for all investors. Investors should consider these risks and evaluate their suitability based on their financial conditions. Past performance is not indicative of future results.