During the month of December, the top 3 performing sectors were: grains (12.61%), metals (10.51%), and softs (6.78%). The bottom 3 sectors were: interest rates (-0.12%), the Barclays CTA Index (0.73%) and livestock (1.68%). As 2020 came to an end, the markets continued to show strength after posting outstanding November returns. This comes alongside the approval of two Covid-19 vaccines, government initiated stimulus, and continued downward pressure on the US dollar. Looking closer into a couple sectors – grains performed well across the board with oats (+26.69%), corn (+15.31%), and soybean oil (+14.39) carrying most of the weight; Metals not far behind with silver (+16.90%), platinum (+14.77), and copper (+11.04%) being its top performers.
For month to date and year to date CTA rankings, please remember to visit our CTA Database. If you do not have a login and wish to register for free, please click here.
Sector & Index Performance Consists of the following:
Grains: Corn, Soybean Meal, Oats, Soybeans, Soybean Oil, Wheat, Rough Rice. Livestock: Live Cattle, Feeder Cattle, Lean Hogs. Softs: Cocoa, Orange Juice, Sugar No. 11, Random Length Lumber, Coffee, Cotton No. 2. Currencies: Euro Currency, Japanese Yen, British Pound, Canadian Dollar, Swiss Franc, US Dollar, Brazilian Real, Mexican Peso, Australian dollar. Indices: S&P 500, Mini Dow, Mini Nasdaq. Interest Rates: 30-year t-bond, 10-year t-note, 5-year t-note, Eurodollars. Metals: Gold, Silver, Copper, Platinum, Palladium. Energy: Crude Oil, Reformulated Gas, Natural Gas, Heating Oil, Denatured Fuel Ethanol. S&P 500 Index – data collected from investing.com. Barclay CTA Index – data collected from barclayhedge.com. S&P GSCI Index – data collected from us.spindices.com/indices/commodities/sp-gsci.