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| 5 Hot Picks by Matt Johnson of Target Futures | |
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 In the futures industry since 1996, Matt Johnson got his start working with retail clients. In 2000 he established Cytrade Financial, L.L.C., and independent introducing broker registered with the CFTC and NFA member. Matt manages the firm and offers his brokers and clients trading suggestions primarily using futures options. For more information on Matt's trading, please visit www.targetfutures.com. | |
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The euro currency seems to be finding some legs again after some weakness the past month. In the July options which are based on the September futures contract, I like an ECN8 157/159 Call spread for approximately 50 points ($625) with a 4:1 risk reward ratio.
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The natural gas market seems to be leading the way in some energy sector weakness. In the July options, I like a NGN8 10.50/10.00 Put spread for approximately $1100 with a nearly 5:1 risk reward ratio.
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I'm usually not a fan of a "catching a falling knife trade," but I do believe wheat should find some support here soon. In the September options, I like a WU8 850/900 Call spread for approximately 12 cents ($600) with an over 4:1 risk reward ratio.
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A related trade to my euro currency recommendation, I believe gold is poised for another run toward $1000 over the next few months. In the August options, I like a GCQ8 960/1010 Call spread for approximately $10 ($1000) with a 5:1 risk reward ratio.
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I'm looking for continued weakness in the sugar market, and the puts look like a real deal. Keeping this one simple with buying SBN8 1050 Puts for approximately $225.
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| 5 Hot Picks by Sterling Smith of FuturesOne | |
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| Sterling Smith is developer and publisher of the FuturesOne Power Index, and a 15-year market veteran. Registered as a CTA he is a noted Coffee, Sugar and Cocoa analyst. Sterling works with clients of all sizes to help improve their trading. |
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| This market showed its true strength with the recovery from the wild break last week. There appears to be very little getting in the way of this wild bull, and while rollover may cause a little volatility, I am looking for price to move higher. | |
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These two look like they have recovered from their pullback and I am looking at prices move higher this week.
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This market looks undervalued here and with stronger metals and energies sugar should be poised to begin a bigger recovery.
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We look to be getting ahead of ourselves here and I think some moderation in the rally we have had and some degree of pull back to occur.
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I do not see much here to help this market gain strength so we should be looking for prices to continue to go lower here.
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