STOCKS: The bulls have control as the promise of a big stimulus dominates
BONDS: Temporary back and fill setback especially since economic news is thin
CURRENCIES: Renewed confidence to temporarily rule in the currency markets
COPPER: Temporary recovery action ahead but the mkt was historically oversold
METALS: Temporary recovery wave expected, not a major up trend pattern
CATTLE: May have seen at least temporary low; April to 86.35?
HOGS: Supply to continue to tighten; demand uncertainties persist; up today
BEANS: If the dollar turns, the markets will too. Still cautiously bearish.
CORN: We reached our downside objective at 310, but outlook is still weak.
WHEAT: Short covering rally is underway. We still think it’s a sell.
ENERGY: Short covering, firm equities, weak $, Saudi cuts give bulls some leverage
COTTON: Turn down in dollar to support bounce; Dec09 support from lower acres
COFFEE: Turn down in dollar may be catalyst for at least temporary low; firm
SUGAR: Enough positive news to see recovery bounce as dollar adjusts lower
COCOA: Up on weak Dollar, tight supplies and economic optimism

This content originated from – The Hightower Report.