In the seventh edition of the trader-tested and investor-approved COMMODITY
TRADER’S ALMANAC 2013 (Wiley; October 2012; $50.00; 978-1-118-15986-6;
Hardcover & ebook), co-editors John Person, a 30-year
veteran of the futures and options industry, and Stock Trader’s
Almanac editor-in-chief Jeff Hirsch deliver several new trading
strategies and features.
According to John Person, “2013 promises to be a dynamic year for
commodity markets. No matter which party is elected, energy reform will
likely be on the slate. If we do see a shift toward cleaner burning
fuels, then natural gas may see ramped-up production, creating a shift
in fossil fuel demand.” He adds, “The first half of 2012 left the U.S.
in a serious weather situation, wreaking havoc on farmers and ranchers.
Earlier than normal hot and dry conditions reduced yields in corn and
soybeans as well as creating massive wildfires throughout Colorado. The
global economy, hurt by European debt crisis and economic contraction in
China, was partially to blame for decelerated U.S. economic growth. As a
result, in June 2012, Ben Bernanke lowered the Federal Reserve’s
estimated gross domestic production (GDP) at 1.9% to 2.4% from a
previous estimate of 2.4% to 2.9%. The decelerating pace of job growth
in the U.S. led the Federal Reserve to reaffirm and commit to keeping a
near-zero interest rate policy through 2014.”
Person says, “We believe we will have the perfect storm for continued
volatility for stocks, bonds, and safe haven instruments like gold and
silver, agricultural markets, as well as foreign currencies in 2013 as a
result of this ongoing global economic situation and the severe drought
that devastated the U.S. corn and soybean crops,”
Severe volatility in oil, precious metals, and food prices causes
millions to be lost as well as gained in the commodities market. Despite
the erratic ups and downs, there is a cyclical pattern to commodity
markets, with weather, holidays, human behaviors and other factors
impacting demand and supply, and ultimately, the price of a commodity.
Incorporating the same format that has made Stock Trader’s
Almanac the ultimate desktop market data bank for more than 45
years, the COMMODITY TRADER’S ALMANAC 2013 is a vital
resource of historical reference, seasonal patterns, and proven trading
tactics. The book includes monthly almanac pages, market highlights,
detailed statistics on past market price action, historical strengths
and weaknesses, seasonal tendencies, and information on the beginning
and end for both rallies and breaks.
Seasonalities and their respective potential risks and rewards have been
identified for 20 different commodities on both the long and the short
side. In addition to the top 16 traditional commodities, the Almanac includes
data for how the U.S. dollar fares against four of the top major
currencies (the euro, Swiss franc, Japanese yen, and the British pound).
The new 2013 edition has several new additions and changes, including
the addition of heating oil, including two new trades that replace the
January short S&P trade and the October long corn trade; and advanced
options strategies and trading tactics. The new edition has also added
more exchange funds (EFTs) and exchange trade notes (ETNs). ETNs are
similar to exchange traded funds, but differ in structure, as they are
issued as senior debt notes, while ETFs represent a stake in an
underlying market. Also, there is a complete listing of all the Futures
First Notice, Last Trading, and Option Expiration Dates for all 20
markets covered.
The Almanac continues to explain how to translate trading stocks and
ETFs from the study of seasonal commodity and Forex cycles. This takes
seasonal studies further by including examples of highly correlated
stocks that trade in tandem with the respective commodities.
Intended as a tool to assist participants when entering a new position
or deciding to either move a stop loss or add to a new position, COMMODITY
TRADER’S ALMANAC discusses:
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How natural production and consumption cycles drive prices during
specific times of the year
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How the futures markets often factor in demand and supply concerns
prior to the actual event
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How similar, but different markets often react stronger or weaker to
the natural consumption/production cycle
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That prices are often driven by regularly recurring patterns (or
cycles) surrounding the calendar year and how often these patterns
have continued or reversed
COMMODITY TRADER’S ALMANAC 2013 is an indispensable resource
for traders seeking to capitalize on the growing commodity and futures
markets.
Other products from the Hirsch Organization include Stock
Trader’s Almanac 2013 (Wiley; October 2012; $50.00;
978-1-118-15987-3; Hardcover & ebook) and Almanac
Investor (https://www.stocktradersalmanac.com).Published
every year since 1968, Stock Trader’s Almanac (STA) is
a must-have investment tool with a wealth of information organized in a
calendar format. It alerts readers to little-known market patterns and
tendencies that help investors forecast market trends with accuracy and
confidence. Allowing shrewd investors to maximize profit potential, STA
is the ultimate desktop market data bank, showing the market’s likely
direction every hour, day, week, and month based on historical precedent.
In addition to access to the annual STA print edition, a subscription to
the digital product Almanac Investor provides twice weekly
e-mail alerts that feature stock market forecasting, indicators, and
seasonal patterns, best/worst trading days, market changes, stock and
ETF recommendations and updates, financial commentary, and overall
market sentiment; monthly enewsletters that provide a guide to market
patterns, cycles, fundamental developments, strategies and stock
selection, and updates and expands the strategies outlined in the Stock
Trader’s Almanac and Commodity’s Trader’s Almanac; and
access to handy research and portfolio tracking tools that enable
subscribers to do their own research and update market indicators and
strategies.
The Stock Trader’s Almanac Blog (http://blog.stocktradersalmanac.com/) provides
daily trading sentiment and keeps Almanac followers up to date on
indicators, hot-topics, market happenings, speaking, news, and media
coverage. In addition, there are additional books by Jeffrey Hirsch,
John Person, or published under the Almanac Investor Series include The
Little Book of Stock Market Cycles and Super Boom: Why
the Dow Jones Will Hit 38,820 and How You Can Profit From It by
Jeff Hirsch; Forex Conquered: High Probability Systems and
Strategies for Active Traders, Candlestick and Pivot Point Trading
Triggers: Setups for Stock, Forex, and Futures Markets, + CD-ROM;and A
Complete Guide to Technical Trading Tactics: How to Profit Using Pivot
Points, Candlesticks & Other Indicators by John Person; The
MAGNET Method of Investing by Jordan Kimmel; Double
Your Money in America's Finest Companies by Bill Staton; and America's
Finest Companies 2010: 19th Annual Investment
Directory (E-Book Only) by Bill Staton with Mary Staton.
