STOCKS: We can’t argue against periodic bounces but we doubt rallies will hold
BONDS: The bear camp retains the edge as the fear of funding troubles remains
CURRENCIES: Temporary lull in Dollar favor gives the C$ and Pound a temp lift
COPPER: The copper mkt might be able to bounce but gains should be fleeting
METALS: The bias in prices is clearly pointing upward to start the new week
CATTLE: USDA report news supportive for supply but demand concerns persist
HOGS: Probing for low enough price to encourage demand or exports; chop
BEANS: Two-sided trade near recent highs is supportive for meal and soybeans.
CORN: Lack of sellers supporting corn. This could take corn to the Jan highs.
WHEAT: Traders do not seem inclined to sell in wheat. We agree.
ENERGY: Bulls resolve will be tested by more bad economic news this week
COTTON: Large commercial take bulk of deliverable stocks; exports strong
COFFEE: Slight overbought technical condition but breaks still a buy
SUGAR: Outside market support but demand concerns persist; a bit overbought
COCOA: A pickup in fund participation may be needed for a push above $2,720

This content originated from – The Hightower Report.