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A 100 year old Chicago based Futures Clearing Merchant, RJO Futures is a division of RJ O’Brien & Associates, one of the premier futures brokers in the industry. We focus intently on assisting institutional and retail clients to meet their market goals on a both a full-service and self-directed scale. Service is our trade. Sign up for our Daily Fundamental Market Insights and Emailed Trade Recommendations by selecting this link.

RJO Futures

March 22, 2021

Market Outlook: Mar. 22, 2021

Coming off of a “correction” week in stocks, we’re seeing a modest bounce back this morning. That’s of course if you want to call -2.0% off of the all-time high a correction.

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RJO Futures

March 9, 2021

Market Outlook: Mar. 9, 2021

Wash DC Stimulus efforts look to be nearly complete. NASDAQ remains in the “red” ytd -2.3%, as the re-open stocks gain aka the small caps gain capture the rotation in markets

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RJO Futures

March 4, 2021

Market Outlook: Mar. 4, 2021

While vol tends to sneak up on most, I can’t say that we weren’t ready for it. Something to consider in regards to commodities, is China looks to be moving into a Scenario 3 set-up.

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RJO Futures

March 3, 2021

Market Outlook: Mar. 3, 2021

Following a bounce to “lower highs” overnight in stocks, we’re right back down where we closed yesterday. US ADP Employment was released this morning printing 117K vs 200K exp private payrolls released.

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RJO Futures

February 23, 2021

Market Outlook: Feb. 23, 2021

SPY -2.5% correction off the top, NQ -6.8% from peak to trough this morning, and the Russell 2000 -4% off the top. Here’s some perspective, The SPY is +82%, NQ +109%, RTY +144% on a y/y basis. So today is not the day to hem and haw over a correction.

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RJO Futures

February 16, 2021

Market Outlook: Feb. 16, 2021

Gold is struggling, Silver, Copper and Platinum aka semiconductor metals are killing it this morning – remember, Gold is a currency and vastly underperforms in Scenario 2. Not to say that we won’t come back to Gold at a later time, just not at the moment.

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RJO Futures

February 9, 2021

Market Outlook: Feb. 9, 2021

The steepening of the yield curve (2s/10s) has officially gone mainstream. Same thing, not a bad idea to curtail that position (but leave the core short), so we can reallocate from more advantageous prices.

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RJO Futures

January 8, 2021

Market Outlook: Jan. 8, 2021

Growth accelerating/inflation accelerating through the first half of 2021 as y/y comps of macro data and corporate earnings and profits may perhaps express the greatest rate of change acceleration since post WW2.

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RJO Futures

December 7, 2020

Market Outlook: Dec. 7, 2020

Running back last week, it was a great week to be long of inflation related assets. Particularly Oil +1.6% (+17% m/m), Copper +3.1% (+15% m/m), and Platinum +2.9% taking its monthly gains to +10.4%.

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RJO Futures

December 3, 2020

Market Outlook: Dec. 3, 2020

The USD is now entering perhaps a “crash” phase. -10% since June, you can clearly overlap a chart of the Fed’s balance sheet expansion and the US Dollar Index from June to present and see it “gator mouth”.

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RJO Futures

November 6, 2020

Futures Market Outlook Nov. 6, 2020

We’ll wait and watch to see if the IV Premiums sweat off (they already are), and turn into DISCOUNTS which is a classic complacency signal, usually coupled with an immediate overbought condition.

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RJO Futures

October 29, 2020

Futures Market Outlook For Oct 29,2020

US Equities took a nose dive yesterday with the SPY and Nasdaq shaving off 2.8% and 3.0% respectively. Commodity prices also got whacked with Oil -4.0%, and down another 5.0% this morning.

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RJO Futures

October 27, 2020

Futures Market Outlook for Oct 27, 2020

Following yesterday’s route in global equities, we’ve got some green lit up on the board in the pre-market as US and European equities signaled immediate oversold yesterday.

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RJO Futures

October 13, 2020

Futures Market Outlook: Oct 13, 2020

Commodities have kind of floundered since the start of Q4. Following the big “reflation” trade from June to September, the CRB Index has just chopped sideways and looks like it could roll over in Q4.

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RJO Futures

September 9, 2020

Futures Markets Insights: September 9, 2020

The crash, and the BOUNCE. Be conscious of the idea that that may be “it” on the downside for now. We saw the “heart attack” drop at the 5pm open last night, and then a rally ensued overnight.

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RJO Futures

August 27, 2020

Today’s Futures Outlook: August 27, 2020

The commodity rally is broadening vs the equity rally. Agriculture joins the mix with Corn and Soybeans +3.00% and Soybeans +0.73% and +3.2% on the week. Metals caught a strong bid yesterday, consolidating gains this morning.

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