02/08/2007 06:42 AM
| Bonds | -2 | Sugar | +2 | Beans | -1.8 | Crude | +6 |
| S&P 500 | -2.3 | Cotton | -15 | Meal | -1.0 | Unleaded | +16 |
| Dow | -12 | Cocoa | +12 | Soyoil | -0.1 | Heat | +3 |
| Yen | -47 | Coffee | +15 | Corn | +1.8 | Nat Gas | +51 |
| Euro | -17 | Wheat | +2.0 | ||||
| Swiss | -53 | Gold | -3.70 | ||||
| Canada | -5 | Cattle | -10 | Silver | -17.50 | ||
| Pound | -58 | Hogs | -10 | Platinum | -160.0 | ||
| Dollar | +20 | Copper | -575 |
| DAILY MARKET SUMMARY |
| STOCKS: NO REASON TO TAKE CONTROL AWAY FROM THE BULL CAMP |
| BONDS: MORE HARD FOUGHT GAINS TODAY AS MINOR SLOWING IS PRICED IN |
| CURRENCIES: TEMPORARY DOLLAR STRENGTH BUT G7 MEETING SHOULD LIMIT ACTION |
| COPPER: THE BEARS HAVE AN EDGE AS THE CHINESE BUYERS STAND BACK FROM THE MKT |
| METALS: A MINOR BEAR TILT IN PLACE AS THE MARKET BALANCES THE TECHNICALS |
| CATTLE: LOFTY LEVELS FOR FUTURES EVEN IF CASH TRADES HIGHER THIS WEEK; WEAK |
| HOGS: FOLLOW-THROUGH SELLING CONFIRMS TECHNICAL TOP; MORE PORK NEXT WEEK |
| BEANS: BRAZIL CROP ESTIMATES ON THE RISE AND US ENDING STOCKS STILL RECORD |
| CORN: STILL IN BULLISH FUNDAMENTAL SET-UP BUT BIG SPEC LONG AND OVERBOUGHT |
| WHEAT: CHOPPY/LOWER TREND; WHEAT PRICE EROSION CONTINUES; USDA UNLIKLY TO HELP |
| ENERGY: THE TECHNICALS HINT AT A BREAK BUT THE BULLS MIGHT NOT BACK AWAY |
| COTTON: USDA SUPPLY/DEMAND EXPECTATIONS HELP DRIVE MARKET LOWS; CHINA IMPORTS? |
| COFFEE: WEAK TECHNICAL ATION BUT BYULLISH FUNDAMENTALS FOR 2007/08; CHOP |
| SUGAR: RUSSIA DEMAND SLIPS JUST WHEN EXPORTABLE SURPLUS SWELLS; PROBE FOR LOW |
| COCOA: TEST OF JULY 2006 HIGH ON FEW UPSIDE TECH BARRIERS & TIGHTENING SUPPLY |
| The information presented here is
opinion, and should be treated as such. Futures trading can be risky! Investors should consider the inherent risks associated with trading in light of their financial condition. |