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TOM LOFFMAN'S DAILY COMMODITY AND STOCK COMMENTS

(FRIDAY, JUNE 23, 2017)

Tom's Daily Stock/Commodity Focus: "Focus On - Strongest and weakest futures: Thur 6/22: Based on my best momentum formula here are the strongest trends in futures (trade from the long side): KW (Winter Wheat), W (Wheat), LH (Lean Hogs), O (Oats), NQ (Nasdaq), NK (Nikkei), US (30yr Bond). Here are the weakest trends in futures (trade from the short side): SB (Sugar), OJ (Orange Juice), CC (Cocoa), CL (Crude Oil), QM (Mini Crude), NG (Nat Gas), QN (Mini Nat Gas)."

Tom's Profit Target Commodity Comments: "Profit Target F6 Futures: Thur 6/22: 4 of 20 Profit Target futures are in uptrends. Bullish trends: most interest rates, most stocks, dollar. Bearish trends: most metals, energy, most other ag (softs), most currencies. Mixed: grains."

Tom's Breakout Futures Comments: "Breakout F6 Futures: Thur 6/22: 21 of 45 Breakout positions are long, 1 short, and 8 are profitable. Most profitable: US (30yr Bond) +$2,875. Least profitable: KC (Coffee) -$4,219. Net P/L of all Breakout positions: -$6,782."

Tom's Top Systems Stocks Comments: "Top System Stocks: Thur 6/22: Stocks were up most of the day, then fell last in the session - a net weak session. 9 of 20 Top System positions are long and 6 are profitable. Best: NVDA +53.0%, TSLA +12.4%, XIV +6.8%, SOXL +.7%, TNA +.4%, IWM +.2%."