STOCKS: With Greenspan predicting a sustained slowdown the buyers should balk
BONDS: The path of least resistance is pointing upward at least in the morning
CURRENCIES: Ongoing flight to quality flow toward the Dollar to continue
COPPER: The bears still have control with a retest of the January lows possible
METALS: Initial weakness could extend through mid day before a late recovery
CATTLE: Pricing in very weak demand but tightening supply/stimulus to support
HOGS: Probing for low enough price to repair packer margins; find demand
BEANS: Liquidation selling & ample supplies setting the tone. Inflation later.
CORN: Corn should continue to move lower, but more slowly than soybeans.
WHEAT: Wheat still a bit oversold, but it should still join in the sell off.
ENERGY: Price bounce in crude limited by rising stocks/weak global demand
COTTON: China buying and lower US plantings may support Dec recovery bounce
COFFEE: Still in long liquidation mode but positive supply fundamentals ahead
SUGAR: Correcting overbought condition; May key support at 12.94
COCOA: Under pressure from weak Pound & macroeconomic demand doubts

This content originated from – The Hightower Report.
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