For Any Late Handicappers, from Steve Ellison
Here are racing-style past performance charts of recent 2-month market performances.
If one believed past results had any influence on future results, silver and agricultural commodities would look like superstars, bonds and currencies would look ho-hum, and natural gas would look like a filly running during mating season with one awful race after another.
Cotton 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 1 9 2 2 21.6%
Sep-Oct 3 2 3 2 38.6%
Jul-Aug 13 8 4 3 10.3%
Gold 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 6 3 7 8 5.7%
Sep-Oct 10 9 8 8 3.6%
Jul-Aug 12 13 10 10 -2.3%
Silver 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 2 1 1 1 27.1%
Sep-Oct 5 4 4 4 20.6%
Jul-Aug 10 12 12 5 1.2%
Soybeans 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 3 4 5 3 14.4%
Sep-Oct 7 5 5 5 15.7%
Jul-Aug 1 2 3 4 9.3%
Euro 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 10 12 12 12 -2.5%
Sep-Oct 8 8 7 7 4.7%
Jul-Aug 5 5 7 6 1.0%
British Pound 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 7 10 11 11 -1.5%
Sep-Oct 9 10 10 10 -0.3%
Jul-Aug 6 6 6 8 0.2%
Sugar 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 13 11 4 5 11.5%
Sep-Oct 1 1 1 1 43.8%
Jul-Aug 3 1 1 1 20.2%
Corn 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 11 13 10 7 6.9%
Sep-Oct 2 3 2 3 26.4%
Jul-Aug 2 3 2 2 14.9%
Crude oil 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 4 2 3 4 11.7%
Sep-Oct 6 7 9 9 3.5%
Jul-Aug 7 9 11 12 -8.3%
S&P 500 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 5 5 6 6 7.9%
Sep-Oct 4 6 6 6 7.9%
Jul-Aug 3 4 5 9 0.2%
Natural gas 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 12 8 9 9 4.2%
Sep-Oct 13 13 13 13 -14.2%
Jul-Aug 9 7 13 13 -21.2%
10-year T notes 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 9 7 13 13 -3.0%
Sep-Oct 12 11 11 11 -4.1%
Jul-Aug 8 10 8 7 0.9%
U.S. Dollar 1/2 mo 1 mo 1 1/2 mo 2mo 2 mo change
Nov-Dec 8 6 8 10 1.1%
Sep-Oct 11 12 12 12 -4.6%
Jul-Aug 11 11 9 10 -2.3%