ECB and US Jobs Data Create Big Moves in Metals and Currency

» Posted by on Dec 7, 2015 in Commodities, Futures Power Rankings, Geopolitics, Shop Talk | Comments Off on ECB and US Jobs Data Create Big Moves in Metals and Currency

ECB and US Jobs Data Create Big Moves in Metals and Currency


Although last week six out of six markets went our way, we would have only been able to get into two at the most. Cattle did well, but the and ES went sour. The week still ended with approximately $375.00 to the up side.

This week, most markets have already made moves. However, there are still a few we can work. I have four recommendations. Sugar, Gold, mini Nasdaq(NQ) and 10yr. I like all four.

Good Trading,


Biggest Jump (+9): ECB President Mario Draghi’s announcement that QE was unlimited helped stocks close higher, and sent the Euro up 9 spots in the rankings with over a 2 handle weekly move higher. Despite making lows under 105 not seen since March, the strong finish gave the Euro nearly a $2,000 VDO edge over the second spot.

Biggest Drop (-10): Copper dropped out of the top 10 after being in the top spot last week. Gold and silver reacted off of jobs and the ECB, but copper could only hold modest gains. Copper continues to test the low $2 level.


For Trade Recommendations associated with the Power Rankings, click here or call your broker. If you’re not yet working with an Index representative, call 800-376-0810 to get started.



[  ] – Associated Trade Recommendation

[  ] – Market was UP
[  ] – Market was DOWN
VDO – Last Week’s Price Volatility in dollar terms; or Volatility Dollar Opportunity
              (click here for more on the VDO)
Bias – This Week’s Bias
Rank – Based on VDO
Volatility – Last Week’s Price Volatility

Previously on the Futures Power Rankings:

10/26 – USDA Report Generates Huge Moves

10/12 – Celebrating One Year

10/5 – Metals Back in Focus off Employment Data




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