
05/13/2008
| Bonds | +65 | Sugar | -7 | Beans | +5.5 | Crude | -48 |
| S&P 500 | -3.9 | Cotton | -10 | Meal | +1.0 | Unleaded | -50 |
| Dow | -27 | Cocoa | -21 | Soyoil | +0.9 | Heat | +386 |
| Yen | +6 | Coffee | -120 | Corn | -3.8 | Nat Gas | -30 |
| Euro | -61 | Wheat | -1.5 | ||||
| Swiss | -32 | Gold | -6.00 | ||||
| Canada | -23 | Cattle | +5 | Silver | -8.50 | ||
| Pound | -83 | Hogs | +55 | Platinum | -484.0 | ||
| Dollar | +215 | Copper | +210 |
| DAILY MARKET SUMMARY |
| STOCKS: THE BULLS NEED SOMETHING FRESH TODAY OR THE BEARS RETAIN THE UPPER HAND |
| BONDS: THE MARKET NEEDS SOFT DATA TO JUSTIFY HOLDING AT THE TOP OF THE RANGE |
| CURRENCIES: STILL NO LEADERSHIP CURRENCY PERHAPS THE DOLLAR OR SWISS |
| COPPER: THE MARKET REMAINS VULNERABLE MOSTLY BECAUSE OF DEMAND DISAPPOINTMENT |
| METALS: A SLIGHTLY FIRMER DOLLAR AND WEAKER OIL FAVORS THE BEAR CAMP TODAY |
| CATTLE: BETTER THAN EXPECTED DEMAND AND EXPORTS COULD IMPROVE; CHOP HIGHER |
| HOGS: STILL UPSIDE POTENTIAL AS WEIGHTS, SUPPLY ON DECLINE; BUY BREAKS |
| BEANS: SOYBEANS GAINING ON GOOD PLANTING WEATHER FOR CORN. MORE TO FOLLOW?. |
| CORN: DRIER WEATHER HAS CHANGED THE LANDSCAPE. TAKE PROFITS. DON'T BUY BREAKS. |
| WHEAT: NARROWER RANGES PORTEND PUSH THROUGH RECENT LOWS. LOWER THE BUY POINT. |
| ENERGY: THE MARKET IS VULNERABLE TO TEMPORARY BACK & FILL ACTION |
| COTTON: SUPPLY UNCERTAINTY AND TIGHTENING WORLD SUPPLY TO SUPPORT UP; FIRM |
| COFFEE: INCREASING SUPPLY BUT CLASHING WITH BUYERS FOR COLD SEASON AHEAD; WEAK |
| SUGAR: SLOW TURN TO IMPROVING DEMAND AND SUPPLY FUNDAMENTALS AHEAD; BUY CALLS |
| COCOA: LOOK FOR A TEST OF THE APRIL HIGH IF THE DOLLAR RESUMES ITS DOWNTREND |
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