THE FAB FOUR FOR 2019: COFFEE, WHEAT, CORN, …the fab four for 2019: coffee, wheat, corn, platinum...
Transcript of THE FAB FOUR FOR 2019: COFFEE, WHEAT, CORN, …the fab four for 2019: coffee, wheat, corn, platinum...
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THE FAB FOUR FOR 2019: COFFEE, WHEAT, CORN, PLATINUM - AND MAYBE THE AUSSY $ OLD RESEARCH FROM JAKE BERNSTEIN, JANUARY HIGHS DEFINE THE YEAR….
WHEAT – LONG AT 5.03 ON JAN 2nd
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CORN – STILL HOLDING THE WHOLE 2018 CROP UNPRICED…
MAJOR DATE ON 3/29…ACREAGE REPORT…PROBABLY A GAP UP OR DOWN – FND Low Possible 3/1? BE VERY CAREFUL SELLING CALLS – OR DOING PREMIUM OFFER CONTRACTS
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COFFEE- HOLDING MAJOR LONG INVESTMENT POSITIONS
LOTS OF MARKETS WAITING TO BREAK OUT…WHAT MIGHT BE THE CATALYST?
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PLATINUM – NOT SOMETHING WE NORMALLY WATCH…BUT IT IS A EXTREMELY MATURE BEAR MARKET
OUT OF TIME…HASN’T BROKEN PRIOR YEAR HIGH SINCE 2011…THAT IS GETTING OLD IN THE TOOTH…
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WEEKLY CHART
TACTIC WOULD BE TO BUY PLATINUM AND SHORT GOLD…RATIO IS TERRIBLY OVERSOLD
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AND FOR JORDAN…THE AUSSIE DOLLAR…REMEMBER THIS IS A COMMODITY DRIVEN CURRENCY
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AND THE OTHER COMMODITY DRIVEN CURRENCY…THE CANADIAN $
STRONGER LOOK RELATIVE TO THE AUSSIE…
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SOYBEANS FOR FUN…WE HAVE NO OLD INVENTORY…AND NO NEW HEDGES IN PLACE YET- 1060 TARGET
As, beans continue to coil, today’s low actually becomes a big time indicator, especially in the SX19.
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BUT LET US NOT FORGET THE BIG PICTURE… CORN IS EXTREMELY CHEAP!
I WILL BE RIDICULED, BUT HONESTLY, THE MOST LIKELY BULL MARKET TARGET IS 550 MINIMUM.
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COFFEE IS EXTREMELY CHEAP! AND THE 114 MONTH CYCLE POINTS HIGHER
IT IS PRICED LESS THAN 2005, DESPITE 25% INFLATION SINCE THEN…ONE OF THE REASONS THE .25 SUPPORT IS SO EASY TO FULFILL ITS DESTINY, OVER AND OVER, REGARDLESS OF MARKET.
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WHEAT HAS BEEN LEADING FOR YEARS…MEANING THIS YEAR’S TOP WOULD BE A LONG-TERM HIGH AND REQUIRE MULTIYEAR HEDGING…NOTICE AUGUST TARGET…IF IT RUNS…BE READY
BULL MARKET SINCE 2016, JUST NEEDS A SPIKE HIGHER TO END 3 YEAR RALLY
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A BREIF HISTORY OF THE WORLD….NOT REALLY…JUST THE REPS OF THE 60 YEAR CYCLE: 1929=90
WEEK OF: OCT 15 LOW, JAN 14 HIGH+13, MAY 27 LOW+20, 7/29 HIGH+10 = 43(45)weeks
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THE DATA FOR 1959 = OR 60 YEARS = GANN’s FAVORITE CYCLE = GANN GLOBAL 60 YEAR CYCLE
WEEK OF: OCT 28 LOW, DEC 10 HIGH+6, DEC 29 LOW+3, 4/14 HIGH; 5/27 HIGH+21 = 30weeks; 8/4= +10; 9/4=+15, SO 45 FROM THE LOW IS 9/5/19.
10/28
12/29
12/10
4/14 8/4
5/27
7/9
9/4
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THE DATA FOR 1988 = OR 31 YEARS- I AM USING THIS DUE TO SIMILAR NATURES OF 1987 AND 2018 FWIW
AND TO BE FAIR, WE NEED TO EXTEND THE CHART IN TO THE SUMMER
12/9
12/30
8/11
5/2
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ENTIRE 1988 CHART
WEEK OF: AUG 11 LOW, JUNE 27 HIGH+45; HIGH TO SELL=7/5 HIGH+48
6/27
8/11
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THIS IS THE WAY BULL MARKETS START…JUST HAVE TO WAIT AND SEE IF IT HAPPENS
THE REQUIRED DISCLAIMER: (While this is obvious, we have been advised to add it.)
• Farming involves risk of loss and gain – You can make or lose more than your initial investment – Just ask a hog or dairy farmer! OR a grain farmer in 2016
• The information and strategies discussed today are certain to produce losses at some point in the future – Reducing risk is never free and the word CERTAIN is carefully chosen!
• Managing risk requires the taking of risks, risking even more than your initial capital. • No thoughts expressed in these documents are intended for people or entities that are not farmers • Any and all actions taken by you, are your responsibility.
A futures account is not required nor is it recommended. AND REMEMBER…if you follow our approach you WILL lose money sometimes. Freedom is only found by a man or woman when they make their own decisions and take responsibility for the outcome.