As the saying goes: there is always a bull market someplace. Perhaps one of the advantages of trading futures is that there are many choices for the individual trader. These include E-mini S&P futures, crude oil and other energy futures, a plethora of grain futures, and of course the precious metals.
Tick tock. The calendar is inching toward the Federal Reserve's next meeting on June 15. The Fedspeak is coming fast and furious.
Win or lose everybody gets what they want out of the market, or so Ed Seykota famously said to author Jack Schwager for his first Market Wizards book. What do you want to get out of futures trading? If you are looking for thrills and excitement, go take a roller coaster ride. If you are looking for a business opportunity, write out a trading business plan.
There is no getting around it, 2015 was a bloodbath for the commodity sector. Barring a few outliers like the cocoa market (which did rally in 2015) most commodities are closing out the year in a sea of red. Commodity demand around the globe fizzled throughout 2015 as advanced industrialized nations struggle to return to post-global financial crisis growth levels.
Commodities have been hit hard in 2015. Crude oil futures, precious metals, livestock, corn, soybeans, and wheat are all down year-over-year, with many posting double-digit declines.
Heading into year-end, it's your unsuspecting morning cup of Joe, the ICE coffee futures contract, that scores the dubious honor of earning the Biggest Loser award in the commodity arena. Through mid-November, ICE coffee futures plunged a whopping 35%.