Coffee by the Numbers

We’re trying, we really are… but we just can’t get away from talking about Natural Gas and Coffee… It’s not everyday you have TWO markets up around 10%… Earlier this month, we went into detail on the Coffee markets, and what looked like at the time to be like a possible coffee up trend. In fact, as often happens – the market went down for a few days following our blog post… (someone should code up a system which sells a market every time we say how impressive its run up has been, and buys every time we talk about one at its lows).

Anyway, back to Coffee – it is up big yet again today (+11% big… in a day). That’s not saying it wouldn’t drop just as quickly in the same amount of time, frustrating those on the long side, but why not take a look at this impressive move by the numbers while we can:

Coffee Up trend

+11.4% — Daily Percentage Gain today (February 2014 Contract)

+55.78% — YTD Percentage Gain (February 2014 Contract)

15 Month High

Up 13 out of the past 16 days

-49.75% — The amount Coffee is still down compared to it’s high in 2011

                       37,500 pounds of Coffee in a futures contract

(Disclaimer: Past performance is not necessarily indicative of future results)
Chart Courtesy: Finviz.com










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DISCLAIMER

Forex trading, commodity trading, managed futures, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors.

The entries on this blog are intended to further subscribers understanding, education, and – at times- enjoyment of the world of alternative investments through managed futures, trading systems, and managed forex, and is not intended as investment advice, or an offer or solicitation for the purchase or sale of any financial instrument. Unless distinctly noted otherwise, the data and graphs included herein are intended to be mere examples and exhibits of the topic discussed, are for educational and illustrative purposes only, and do not represent trading in actual accounts. Opinions expressed are that of the author.

*The mention of specific asset class performance (i.e. +3.2%, -4.6%) is based on the noted source index (i.e. Newedge CTA Index, S&P 500 Index, etc.), and investors should take care to understand that any index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship and self reporting biases, and instant history.

The mention of general asset class performance (i.e. managed futures did well, stocks were down, bonds were up) is based on Attain’s direct experience in those asset classes, estimates of performance of dozens of CTAs followed by Attain, and averaging of various indices designed to track said asset classes.

It should be noted that past market performance is not indicative of future market movement.No market data or other information is warranted by Attain Capital Management as to completeness or accuracy, express or implied, and is subject to change without notice.

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Past Performance is Not Necessarily Indicative of Future Results. The regulations of the CFTC require that prospective clients of a managed futures program (CTA) receive a disclosure document when they are solicited to enter into an agreement whereby the CTA will direct or guide the client’s commodity interest trading and that certain risk factors be highlighted. The disclosure document contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA.