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:

+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