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TOM LOFFMAN'S DAILY COMMODITY AND STOCK COMMENTS

(FRIDAY, JANUARY 21, 2022)

Tom's Daily Stock/Commodity Focus: "Focus On - Strongest and weakest futures: Wed 1/19: Based on my best momentum formula here are the strongest trends in futures (trade from the long side): CL (Crude Oil), RB (Gasoline), CT (Cotton), OJ (Orange Juice), SI (Silver), VX (Volatility), CC (Cocoa). Here are the weakest trends in futures (trade from the short side): MBT (Bitcoin), RTY (Russell 2000), NQ (Nasdaq), O (Oats), EMD (Midcap), KW (Winter Wheat), ES (S&P). "

Tom's Profit Target Commodity Comments: "Profit Target F11 Futures: Wed 1/19: 12 of 20 Profit Target futures are in uptrends. Bullish trends: most metals, energy, most other ag (softs), most currencies. Bearish trends: most grains, interest rate futures, stocks, dollar."

Tom's Breakout Futures Comments: "Breakout F11 Futures: Wed 1/19: 20 of 40 Breakout positions are long, the VX is out, and 16 are profitable (80%). Most profitable: RB (Gasoline) +$14,272. Least profitable: EMD (Midcap) -$10,920. Net P/L of all Breakout positions: +$53,058."

Tom's Top Systems Stocks Comments: "Top System F11 Stocks: Wed 1/19: Another day of correction with the Nasdaq now at almost a 10% pullback. 1 of 20 Top System positions are long and not profitable. Average P/L of all Top System positions: -.1%."

"TOM'S TECHNICAL TRENDS - AG: WED 1/19: ALL TRADE DISCUSSIONS REFER TO OUR BREAKOUT SYSTEM WITH BUY, SELL, AND POSITION INFORMATION ON THIS SERVICE."

"GRAINS: Corn (Mar) is trending up and chopping in a range. We are out. Wheat (Mar) is trending down and now in a two day rebound. We are out. Winter Wheat (Mar) is trending down and in a two day rebound. We are out. Oats (Mar) is trending down and in a two day rebound. We are out. Soybeans (Mar) is trending up and may be moving up again. We are long. Bean Oil (Mar) is trending and moving up. We are long. Soy Meal (Mar) is trending down now and breaking down. We are long."

"OTHER AG (SOFTS): Lean Hogs (Feb) is trending down and trading in a range. We are out. Coffee (Mar) is trending and moving up. We are long. Feeder Cattle (Mar) is trending up, but breaking down. We are still long. Live Cattle (Feb) is trading in a narrowing range. We are out. Cotton (Mar) is trending and moving up. We are long. Cocoa (Mar) is trending and moving up. We are long. Orange Juice (Mar) is trending and moving up. We are long. Sugar (Mar) is trending down, but now rebounding. 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.