
07/29/2010
| Bonds | +30 | Sugar | +19 | Beans | +4.8 | Crude | +34 |
| S&P 500 | +5.9 | Cotton | +48 | Meal | +29.0 | Unleaded | +23 |
| Dow | +47 | Cocoa | +1 | Soyoil | -3.0 | Heat | +105 |
| Yen | +79 | Coffee | +165 | Corn | +3.8 | Nat Gas | +30 |
| Euro | +110 | Wheat | +8.5 | ||||
| Swiss | +134 | Gold | +6.10 | ||||
| Canada | +62 | Cattle | +25 | Silver | +17.90 | ||
| Pound | +48 | Hogs | +75 | Platinum | +15.3 | ||
| Dollar | -64 | Copper | +385 |
| DAILY MARKET SUMMARY |
| STOCKS: US earnings are strong but mixed economic signs; dollar supports today |
| BONDS: Favorable European and UK numbers leaves the bears with the edge |
| CURRENCIES: The Dollar stays on the defensive this morning. |
| COPPER: The copper market continues its recent rally this morning. |
| METALS: Weaker dollar, physical demand supportive to gold |
| CATTLE: In position to see more fund selling but break to 92.65 a buy |
| HOGS: Tight supply to continue for a few more weeks and pork on the move up |
| BEANS: Look for a further firming trend into the end of the week. |
| CORN: Lower dollar helping to turn the corn market higher. |
| WHEAT: Importers may need to start scrambling to replace lost Russian wheat. |
| ENERGY: Most factors seem to come down in the bull's camp again today |
| COTTON: Yesterday's price action signaling the need for a pause on the way up. |
| COFFEE: Declining exchange stocks and some concerns for Colombia production |
| SUGAR: In steady uptrend with 19.29 next key resistance; top soon? |
| COCOA: More positive global economic view supports but trend still down |
|
|
|
| The Hightower Report 141 W. Jackson Suite 4002 Chicago, IL 60604 |
Sales Phone:
800-662-9346 General Phone: 312-786-4450 Fax: 312-786-4451 Email: Webmaster |
|
|
|
| The right to access this library is password and location sensitive. Excess use or unauthorized third party access will result in the primary user being denied access and possible legal remedies. This report includes information from sources believed to be reliable and accurate as of the date of this publication, but no independent verification has been made and we do not guarantee its accuracy or completeness. Opinions expressed are subject to change without notice. This report should not be construed as a request to engage in any transaction involving the purchase or sale of a futures contract and/or commodity option thereon. The risk of loss in trading futures contracts or commodity options can be substantial, and investors should carefully consider the inherent risks of such an investment in light of their financial condition. Any reproduction or retransmission of this report without the express written consent of The Hightower Report is strictly prohibited. | |