During the month of May, the top 3 performing sectors were: energies (29.55%), the S&P GSCI (16.37%) and metals (8.33%). The bottom 3 sectors were: interest rates (-0.04%), the Barclays CTA Index (0.04%) and grains (0.81%). The S&P 500 along with other financial indexes saw strong gains in May as states reopened throughout the country. As cases of Covid-19 stabilize, the market continues to see a strong recovery, slowly approaching its all time highs. Commodities, in general, remain volatile and an emphasis on China/US relations has resurfaced.
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.