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TOM LOFFMAN'S DAILY COMMODITY AND STOCK COMMENTS

(WEDNESDAY, OCTOBER 27, 2021)

Tom's Daily Stock/Commodity Focus: "Focus On - Strongest and weakest futures: Tue 10/16: Based on my best momentum formula here are the strongest trends in futures (trade from the long side): MBT (Bitcoin), O (Oats), CL (Crude Oil), RB (Gasoline), KW (Winter Wheat), NG (Nat Gas), BO (Bean Oil). Here are the weakest trends in futures (trade from the short side): VX (Volatility), LH (Lean Hogs), OJ (Orange Juice), SB (Sugar), JY (Yen), CC (Cocoa), FV (5yr Note)."

Tom's Profit Target Commodity Comments: "Profit Target F10 Futures: Tue 10/26: 13 of 20 Profit Target futures are in uptrends. Bullish trends: most grains, metals, stocks, energy, most currencies. Bearish trends: interest rate futures, dollar. Mixed: other ag (softs)."

Tom's Breakout Futures Comments: "Breakout F10 Futures: Tue 10/26: 25 of 40 Breakout positions are long, the VX is short, and 22 are profitable (85%). Most profitable: CL (Crude Oil), Least profitable: FC (Feeder Cattle) -$688. Net P/L of all Breakout positions: +$87,130."

Tom's Top Systems Stocks Comments: "Top System F10 Stocks: Tue 10/26: A slightly bullish day - up early, then down, then up again. 18 of 20 Top System positions are long and 16 are profitable. Best: NFLX +29.1%, FAS +15.8%, NVDA +11.5%, TECL +8.4%, SPXL +8.1%. Average P/L of all 20 Top System positions: +4.7%."

"TOM'S TECHNICAL TRENDS - AG: TUE 10/26: ALL TRADE DISCUSSIONS REFER TO OUR BREAKOUT SYSTEM WITH BUY, SELL, AND POSITION INFORMATION ON THIS SERVICE."

"GRAINS: Corn (Dec) is trading in a range - and price is now near the top of the range. We are out. Wheat (Dec) has been trending up, but now prices are making a double top. We are long. Winter Wheat (Dec) is trending and moving up. We are long. Oats (Dec) is trending and moving up. We are long. Soybeans (Nov) is trending down, but now in a rebound. We are out. Bean Oil (Dec) is trending up and moving up in waves. We are long. Soy Meal (Dec) is trending down and now rebounding. We are out."

"OTHER AG (SOFTS): Lean Hogs (Dec) is trending and moving down. We are out. Coffee (Dec) is trending up and after pulling back, moving up again. We are long. Feeder Cattle (Nov) is trending up, but is now breaking down. We are still long. Live Cattle (Dec) is trending and moving up again. We are long. Cotton (Dec) is trending up, but now stalled. We are long. Cocoa (Dec) is trending down and moving down in waves. We are out. Orange Juice (Jan) is trending down and moving down again. We are out. Sugar (Mar) is trending down but now rebounding off recent lows. We are out."


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.