During the month of June, the top 3 performing sectors were: energies (+8.78%), financial indices (+2.72%), and interest rates (+0.27%). The bottom 3 sectors were: softs (-7.37%), metals (-6.91%) and currencies (-0.99%). Investor sentiment remains strong as financial indices continue to post positive gains for the fifth consecutive month. According to the CDC, 57% of people over the age of 18 have been fully vaccinated, and 66% of people have at least received one dose. The job market continues to heal as jobless claims hit new pandemic era record low. Looking into the commodity markets; lumber took a -45% dive in the month of June, suffering the worst single month decline dated back to 1978. Gold struggled to compete with the continued rise in the US Dollar, and other precious metals seemed to follow. Crude oil (+10.78%) and natural gas (19.48%) outperformed the rest of the energy market as gas prices soar and summer travel accelerates.
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. S&P GSCI Index – data collected from us.spindices.com/indices/commodities/sp-gsci.