During the month of February, Livestock (+7.05%) and Crypto (+0.62%) were the leading performers and the only two profitable sectors. Metals (-8.20%) and Grains (-6.02%) were hit the hardest in February following strong performances in January. Announcements from the Fed stating inflation is still elevated resulted in negative market sentiment as investors continue to assess whether interest rates will remain high for an extended period of time. Consumer confidence unexpectedly fell in February, while home sales slowed further for the 12th month straight. We move on to March hoping for some better weather and a good report from the Central Bank.
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. Crypto: Bitcoin and Ethereum. S&P 500 Index – All data collected from investing.com. S&P GSCI Index – data collected from us.spindices.com/indices/commodities/sp-gsci.