With managed fund traders building a net short position and the market technical action looking like a further set-back is possible, new buyers can be patient and wait for corrections to buy. The supply set-up for early 2009 is...
Read MoreFeb crude oil initially tried to trade a bit firmer overnight but has since pulled back below the $40 price level as the price support from the Middle East violence seems to be fading. Although Israel appears to be massing...
Read MoreOpening Calls for 12/30/2008 Bonds -80 Sugar +6 Beans +9.5 Crude -90 S&P 500 +5.2 Cotton +70 Meal +3.5 Unleaded -125 Dow +22 Cocoa -1 Soyoil +6.1 Heat -48 Yen +19 Coffee +35 Corn +5.5 Nat Gas -54 Euro +86 Wheat +3.8 Swiss...
Read MoreSTOCKS: A slight bullish bias off the GMAC help and year end psychologyBONDS: Continue to buy corrections down to consolidation supportCURRENCIES: More Swiss and Euro domination directly aheadCOPPER: The trade remains down look...
Read MoreBelow is a sample of our Daily Commentary. To get this comment, and our daily coverage of 15 additional markets, visit futures-research.com for your free 2 week trial! The market appears poised to move higher into early 2009 as...
Read MoreUS Economic Reports 12/29/2008 9:00 AM Help Wanted Index 12/29/2008 11:00 AM Chicago Fed Midwest Manufacturing Index (CFMMI) International Economic Reports 12/29/2008 1:00am CT Spain Industrial Prices Index 12/29/2008 2:30am CT...
Read MoreOpening Calls for 12/29/2008 Bonds -40 Sugar +22 Beans +23.8 Crude +268 S&P 500 +2.1 Cotton +83 Meal +5.0 Unleaded +713 Dow +29 Cocoa -23 Soyoil +7.6 Heat +785 Yen +57 Coffee +85 Corn +8.5 Nat Gas +183 Euro +255 Wheat +16.5...
Read MoreSTOCKS: One gets the sense that the bull camp retains a slight edge todayBONDS: Continue to buy breaks expecting more evidence of slowing aheadCURRENCIES: Expect the Swiss and Euro to dominate the US Dollar aheadCOPPER: Without...
Read MoreBelow is a sample of our Daily Commentary. To get this comment, and our daily coverage of 15 additional markets, visit futures-research.com for your free 2 week trial! The March corn rejected a move above $4.00 in Mid-December...
Read MoreBelow is a sample of our Daily Commentary. To get this comment, and our daily coverage of 15 additional markets, visit futures-research.com for your free 2 week trial! Following Wednesday’s late session price slide, Feb...
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