Clean Energy Futures

All about market futures in the green energy industry
The Swine Times 10/17 – Trade Rec

Hello Hog Traders

We caught a nice 3.00+ move over the last 27 hours, given the volatility we are going to take profit and try to sell a bounce.  USDA exports have been a bullish driver, I think the odds are pretty good the numbers will be high tomorrow. If it gets back above 70, you can expect to hear from us again.

BUY 1 UNIT OF DEC HOGS

You should be flat the board.

On a side note, the Chinese ag ministry made some comments last night about their hog herd supplies are bottoming and production will return to previous levels in 2020. That seems unlikely from where we sit, but for now the back of the curve is falling. April and summer hog contracts are too high without a major supply problem.

The Swine Times

Subscribe to The Swine Times

The Swine Times – The Swine Times newsletter is designed to help participants in the pork complex understand and trade the futures markets. Our intention is to fundamentally inform and trade based off the information we have.

Contact Daniels Trading

To open an account or request more information, contact us at (800) 800-3840 or info@danielstrading.com and mention .

Risk Disclosure

This material is conveyed as a solicitation for entering into a derivatives transaction.

This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.

Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.

Trade recommendations and profit/loss calculations may not include commissions and fees. Please consult your broker for details based on your trading arrangement and commission setup.

You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should read the “risk disclosure” webpage accessed at www.DanielsTrading.com at the bottom of the homepage. Daniels Trading is not affiliated with nor does it endorse any third-party trading system, newsletter or other similar service. Daniels Trading does not guarantee or verify any performance claims made by such systems or service.

About Alec Torrey

Leave comment

Your email address will not be published. Required fields are marked with *.