Trade Mark

02-06-2012: As Economy Brightens, So Do Copper Prices

Improved consumer confidence and manufacturing data have caused traders to conclude demand for copper will rise. Copper prices are very sensitive to economic data as consumption varies with the state of the economy. Things are improving in China, the world's number one consumer, as well as the in the U.S., the world's number two consumer. Prospects in India show increasing demand for copper as well.

Copper prices were recently pushed down by worries over the European debt crisis, suggesting that austerity measures there would shake up the world economies sufficiently to reduce demand for copper. As that news grows older, and a bailout package seems more certain, attention is turned to improving economic data.


Our article on Copper is in the Archive section below.

Archive List

02-06-2012: March Hi-Grade Copper: Economic Optimism

02-03-2012: March NASDAQ 100 Index: Earnings Trump Debt Worries

01-30-2012: March Natural Gas: Many Shale Discoveries

01-27-2012: March Cocoa: Weather and Unrest in Africa

01-21-2012: March Australian Dollar: Inflation Slows

01-16-2012: March Lumber: Moderate Housing Start Improvement

01-10-2012: March Chicago Wheat: Black Sea Origins Dominate

01-06-2012: March Orange Juice: Weather Temporary

01-02-2012: February Gold: Hard to Predict

12-22-2011: January Heating Oil: Inventory Declines but Mild Weather Dominates

12-12-2011: February Lean Hogs: Seasonal Factors Prevail

12-12-2011: March U.S. Dollar Index: Euro Dictates

12-05-2011: March Palladium: Engines Need More; Russia Departs

12-01-2011: December Oats: Tracking Corn and the Euro Zone

11-27-2011: March Rough Rice: Investors Head for Exit

11-16-2011: December Soybean Meal: China or S. America More Influence?

11-08-2011: December Coffee: Production On Increase

11-03-2011: February Live Cattle: Governments Crack Down on Animal Cruelty

10-28-2011: December Chicago Wheat: European Debt Old News

10-23-2011: January Platinum: Labor Strife at Some So. African Mines

10-13-2011: December Treasury Bonds: How High Can They Go?

Performance

Updated once a week (usually on Saturdays.)

Buy and sell prices are averaged where multiple contracts are involved, which is why they may not fall on an exchange tick increment.
In some cases, where position initiation price was changed, it was the result of averaging a "roll forward" out of Feb. into new contracts.

All Commodities Trades 01/03/2012 -02/04/2012:

 # Commodity           BS    Buy   Sell   Last    Gain Intended  Rough   Group
                                                 (Loss)    Risk Percent

 5 Mar Australian Dollr C 105.11 105.85 107.35 $  3,550  14,950  11.4% Currency
 5 Mar Cocoa            L  22.19         23.00 $  3,900  14,950  17.1% Softs   
 9 Mar U.S.Dollar Index C  79.22  79.64  79.10 $  3,510  14,940  11.4% Currency
 2 Jun Gold             S        176.13 174.30 $  3,600  15,000  17.1% Prec Met
 2 Mar Heating Oil #2   C 303.00 308.40 311.40 $  4,476  14,952   5.7% Petrol  
 8 Mar Orange Juice     L 197.99        201.45 $  3,912  14,988  17.1% Softs   
 1 Mar Coffee "C"       C 211.80 218.70 215.90 $  2,558  15,000  17.1% Softs   
 9 Mar Lumber           S        261.40 262.50 $ -1,359  14,949   5.7% Lumber  
 9 Jun Live Cattle      C 126.85 125.45 126.85 $ -5,310   5,040   3.2% Meats   
 9 Jun Lean Hogs        C  98.10  97.13  98.10 $ -3,762   3,492   3.2% Meats   
 4 Mar NASDAQ 100 E-Min C 243.70 251.90 252.30 $  6,440  14,880   5.7% Stock Id
12 Apr Natural Gas Mini C   2.51   2.99   2.68 $ 14,040  14,700   5.6% Nat Gas 
11 Mar Oats             C 293.20 314.20 314.20 $ 11,220  14,960  22.8% Grains  
 2 Mar Palladium        C 682.20 714.10 708.80 $  6,320  15,000  17.1% Prec Met
 3 Apr Platinum         S        163.21 163.19 $    -60  14,985  17.1% Prec Met
12 Mar Rough Rice       C 135.54 146.21 138.80 $ 25,248  14,976  22.8% Grains  
 5 Mar Soybean Meal     C 313.80 325.60 328.60 $  5,750  15,000  22.8% Grains  
 4 Mar Treasury Bonds   C 141.65 144.86 142.41 $ 12,720  14,960   5.7% Finance 
 3 Mar Chicago Wheat    C 638.50 653.30 660.80 $  2,130  15,000  22.8% Grains  

            Adjustment for Open Positions: -($    9,993)
Prior to 1/30:
Other Gains/-Losses This Reporting Period:   $  231,930 ***
 *** For Contracts Closed or Rolled Forward  __________
 
Total for all Trades:                        $  320,820

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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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