STOCKS: After some initial weakness we suspect the market will recover
BONDS: Unless the numbers lift prices early expect a bit of a correction
CURRENCIES: Minor Dollar weakness with the Euro and Swiss primary benefactors
COPPER: Traders should look to recoveries as a chance to implement fresh shorts
METALS: After some early weakness expect a weak attempt to bounce later on
CATTLE: Improved beef trend could support packer margins; tighter supply ahead
HOGS: Probing for near-term low with talk of weak demand for this week; chop
BEANS: Soybeans and meal seem to want to go higher. Who is there to stop them?
CORN: Corn prices are being held up by lack of selling. This should continue.
WHEAT: If downside correction is coming, it’s likely to be today or tomorrow.
ENERGY: Look to rallies as an opportunity to implement fresh shorts
COTTON: Slow steady uptrend but demand still weak and spec selling soon?
COFFEE: Set-up for uptrend into 2009 but short-term soft demand pressures
SUGAR: Choppy to lower downtrend; long liquidation into New Year?
COCOA: Overbought and still vulnerable to pre-holiday profit taking
Uncategorized
