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TOM LOFFMAN'S DAILY COMMODITY AND STOCK COMMENTS

(MONDAY, APRIL 19, 2021)

Tom's Daily Stock/Commodity Focus: "Focus On - Strongest and weakest futures: Fri 4/16: Based on my best momentum formula here are the strongest trends in futures (trade from the long side): SB (Sugar), KW (Winter Wheat), KC (Coffee), C (Corn), W (Wheat), NQ (Nasdaq), CT (Cotton). Here are the weakest trends in futures (trade from the short side): VX (Volatility), FC (Feeder Cattle), LC (Live Cattle), SM (Soy Meal), DX (Dollar), LH (Lean Hogs), BP (British Pound)."

Tom's Profit Target Commodity Comments: "Profit Target F10 Futures: Fri 4/16: 18 of 20 Profit Target futures are in uptrends. Bullish trends: most grains, metals, most interest rate futures, stocks, energy, most other ag (softs), most currencies. Bearish trends: dollar."

Tom's Breakout Futures Comments: "Breakout F10 Futures: Fri 4/16: 23 of 46 Breakout positions are long, the VX is short, and 18 are profitable (75%). Most profitable: NQ (Nasdaq) +$21,510. Least profitable: FC (Feeder Cattle) -$3,013. Net P/L of all Breakout positions: +$93,323."

Tom's Top Systems Stocks Comments: "Top System F10 Stocks: Fri 4/16: A slightly bullish end to the week with all major averages up. 18 of 20 Top System positions are long and 17 are profitable. Best: FAS +42.4%, TECL +29.8%, TQQQ +27.8%, NVDA +23.3%, SOXL +21.0%. Average P/L of all 20 Top System positions: +13.2%."

"TOM'S TECHNICAL TRENDS - AG: FRI 4/16: ALL TRADE DISCUSSIONS REFER TO OUR BREAKOUT SYSTEM WITH BUY, SELL, AND POSITION INFORMATION ON THIS SERVICE."

"GRAINS: Wheat (May) is trending and moving up. We bought and are long. Corn (May) is trending and moving up. We remain long. Oats (May) is trending up, but stalled in a range. We are long. Bean Oil (May) is still trending down, but now breaking out to the upside. So far we are out. Soybeans (May) is chopping in a range. we are out. Soy Meal (May) is now trending up and holding a base. We are out."

"OTHER AG (SOFTS): Lean Hogs (Jun) is still trending up, but breaking down. We are still long. Coffee (Jul) is trending up, but pulled back today. We are long. Feeder Cattle (May) is now trending down and has fallen for 7 staight sessions. We are still long. Live Cattle (Jun) is trending down and has falles for 7 straight sessions. We sold and are out. Cotton (Jul) is now trending up and moving up. So far we are out. Cocoa (Jul) is still trending down, but moving up now off a base. We are still out. Winter Wheat (May) is trending and moving up. We bought and are long. Orange Juice (May) is trending up and moving up now. So far we are out. Sugar (May) is trending up and breaking out to the upside. We bought and 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.