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TOM LOFFMAN'S DAILY COMMODITY AND STOCK COMMENTS

(FRIDAY, SEPTEMBER 25, 2020)

Tom's Daily Stock/Commodity Focus: "Focus On - Strongest and weakest futures: Thu 9/24: Based on my best momentum formula here are the strongest trends in futures (trade from the long side): LH (Lean Hogs), SM (Soy Meal), S (Soybeans), KW (Winter Wheat), W (Wheat), C (Corn), CC (Cocoa). Here are the weakest trends in futures (trade from the short side): OJ (Orange Juice), VX (Volatility), RTY (Russell 2000), EMD (Midcap), CL (Crude Oil), QM (Mini Crude), KC (Coffee)."

Tom's Profit Target Commodity Comments: "Profit Target F9 Futures: Thu 9/24: 10 of 20 Profit Target futures are in uptrends. Bullish trends: most grains, interest rate futures, most other ag (softs), dollar. Bearish trends: metals, stocks, energy, most currencies."

Tom's Breakout Futures Comments: "Breakout F9 Futures: Thu 9/24: 15 of 46 Breakout positions are long, the VX is out, and 13 are profitable (87%). Most profitable: S (Soybeans) +$4,700. Least profitable: FC (Feeder Cattle) -$25. Net P/L of all Breakout positions: +$13,295."

Tom's Top Systems Stocks Comments: "Top System F9 Stocks: Thu 9/24: Market up a bit today - trying to stabilize. 1 of 20 Top System positions is long and profitable: ALGN +2.0%. Average P/L of all 20 Top System positions: +0.1%."

"TOM'S TECHNICAL TRENDS - AG: THU 9/24: ALL TRADE DISCUSSIONS REFER TO OUR BREAKOUT SYSTEM WITH BUY, SELL, AND POSITION INFORMATION ON THIS SERVICE."

"GRAINS: Wheat (Dec) remains choppy and is stalled. We sold today and are out. Corn (Dec) is beginning to weaken and we are now out. Oats (Dec) is still trending up and we are long. Bean Oil (Dec) is now falling and we are out. Soybeans (Nov) is starting to top, but we are still long in a very profitable positions. Soy Meal (Dec) is trending up but has briefly stalled. We remain long."

"OTHER AG (SOFTS): Lean Hogs (Oct) is trending and moving up and we are long. Coffee (Dec) is falling and we are out. Feeder Cattle (Oct) moved up then has stabilized. We are long. Live Cattle (Oct) is moving up and we are long. Cotton (Dec) has gone choppy and sideways and we are out. Cocoa (Dec) is now choppy and sideways and we sold today. Winter Wheat (Dec) is weakening and we took profits today. Orange Juice (Nov) is falling and we are out. Sugar (Mar) is moving up and we are long."


DISCLAIMER: You must be aware of the risks and be willing to accept them in order to invest in one or more commodity trades. Don't trade with money that you can't afford to lose. This is neither a solicitation nor an offer to buy or sell futures and options. Although every attempt has been made to assure accuracy, Tom Loffman, Cliff Harris, Randy Mann and persons relating to the operation of Harris-Mann Climatology, assume no responsibilities for errors, omissions or any financial gains or losses associated with any trading suggestions or advice.