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February 6, 2025
Cattle ARE rolling over…
Feeders down 5.40 today, $2700 per futures
Live Cattle down 4.50 today, $1800 per futures
contract
As I have written so many times, price action in futures is
about players getting in…and GETTING OUT of the markets…Either chasing big
headlines…or RUNNING when they get caught on the wrong side…AND THAT IS
THE CATTLE MARKET RIGHT NOW.
Please DO take the time
to “decipher” what it is I am showing you in this chart…
Do
note that how long…and how short…the funds are goes up AND down…And I am 150%
convinced that you WILL see, or already ARE seeing, that Record Long Position start
tumbling back down AS THEIR SELLING, AND INERTIA, AND FALLING CATTLE PRICES
TAKES THIS MARKET SHARPLY AND UNRELENTLESSLY LOWER.
The Cattle market repeatedly has been making “V” turns for
at least the past 50 years…and THAT IS WHAT I FIRMLY BELIEVE WE ARE SEEING
BEGIN TO HAPPEN NOW…
CONTACT ME AND LET’S TALK
ABOUT GETTING YOU SHORT.
Do NOT be thinking, “I missed
it,” or “I knew I should have done it last week.” This thing is JUST getting
started. In my mind, all we’ve done is confirm the turn. Obviously
I might be wrong about that…and if I am it could mean losing every dollar you
invest…but my extremely STRONG Old Hack opinion is that THIS BULL MARKET HAS
ENDED…and that Cattle prices will be going down for at least another year…and
going down a LOT.
Here are 3 options that I
recommend for tomorrow…As the market appears to be accelerating lower, all of
these prices might be different.
My recommendation is to be short in both Feeders and Live
Cattle…One question I get is, “Which one do you like the most?”, and my answer
is, “I don’t know…but the Feeders do tend to be the bigger mover.”
Main thing I say though,
is simply, “Don’t overthink it. Just get on here…just below the highest prices
in history…and see where you are two to three months from now.” GET ON
HERE…NOW.
Pick up the phone! DO something with this…As always, maybe I
am dead wrong but I just don’t think it ever gets as
obvious, and potentially profitable, as this…
Thanks,
Bill
770-425-7241
866-578-1001
All
option prices in this newsletter include all fees and commissions. All charts,
unless otherwise noted, are by Aspen Graphics and CRB.
FUTURES
TRADING IS NOT FOR EVERYONE. THE RISK OF LOSS IN TRADING CAN BE SUBSTANTIAL.
THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT
OF YOUR FINANCIAL CONDITION. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE
RESULTS. THERE IS NO GUARANTEE YOUR TRADING EXPERIENCE WILL BE SIMILAR TO PAST
PERFORMANCE.
The author of this piece currently trades for his own
account and has a financial interest in the following derivative products
mentioned within: Feeder Cattle, Live Cattle