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TOM LOFFMAN'S DAILY COMMODITY AND STOCK COMMENTS

(MONDAY, OCTOBER 22, 2018)

Tom's Daily Stock/Commodity Focus: "Focus On - Strongest and weakest futures: Fri 10/19: Based on my best momentum formula here are the strongest trends in futures (trade from the long side): VX (Volatility), O (Oats), SB (Sugar), KC (Coffee), NG (Nat Gas), QN (Mini Nat Gas), BO (Bean Oil). Here are the weakest trends in futures (trade from the short side): OJ (Orange Juice), RTY (Russell 2000), EMD (Midcap), QU (Mini Gasoline), RB (Gasoline), CT (Cotton), NQ (Nasdaq)."

Tom's Profit Target Commodity Comments: "Profit Target F7 Futures: Fri 10/19: 9 of 20 Profit Target futures are in uptrends. Bullish trends: most grains, most metals, dollar. Bearish trends: interest rate futures, stocks, most energy, most other ag (softs), most currencies."

Tom's Breakout Futures Comments: "Breakout F7 Futures: Fri 10/19: 14 of 45 Breakout positions are long, the VX is out, and 8 are profitable. Most profitable: KC (Coffee) +$8,400. Least profitable: EMD (Midcap) -$4,470. Net P/L of all Breakout positions: +$5,731."

Tom's Top Systems Stocks Comments: "Top System F7 Stocks: Fri 10/19: Another mixed day, with the Nasdaq down and the Dow up - S&P neutral. All Top System positions are out."