Why we became bearish natural gas in early October & various commodity trade ideas
(NGX24) (NGZ24) (UNG) (BOIL) (KOLD)
"Why we became bearish natural gas in early October & various commodity trade ideas"
by Jim Roemer - Meteorologist - Commodity Trading Advisor - Principal, Best Weather Inc. & Climate Predict - Publisher, Weather Wealth Newsletter
- Weekend Report - October 11-13, 2024
I made this video before Hurricane Milton hit Sarasota, Florida where I live.
SEE my global weather analysis and trade ideas for commodities here >>> https://youtu.be/ynbTGU9lHkU
This is an actual “past” report to WeatherWealth newsletter subscribers, who are mostly traders who follow my market ideas. Adhering to my advice, they are smartly ahead in short natural gas positions, as well as being well-positioned in various spreads and options strategies in grains and soft commodities.
Video from October 8-9 highlights:
- Hurricane Milton
- Recent trade ideas
- The easing of Brazil’s drought and effects on soybeans and coffee market
- Why I recommended, a week ago, buying July KC wheat and selling December corn
- A look at global wheat weather
- A quick discussion about the BestWeather Spider
Our newsletter not only informs farmers, agribusinesses, and commodity traders how we “second guess standard computer models." In addition, it includes various investment recommendations with our unique BestWeather Spider trade sentiment, shown below.
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Thanks for your interest in commodity weather!
Jim Roemer, Scott Mathews, and The Weather Wealth Team
Mr. Roemer owns Best Weather Inc., offering weather-related blogs for commodity traders and farmers. He also is a co-founder of Climate Predict, a detailed long-range global weather forecast tool. As one of the first meteorologists to become an NFA registered Commodity Trading Advisor, he has worked with major hedge funds, Midwest farmers, and individual traders for over 35 years. With a special emphasis on interpreting market psychology, coupled with his short and long-term trend forecasting in grains, softs, and the energy markets, he established a unique standing among advisors in the commodity risk management industry.
On the date of publication, Jim Roemer did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.