Home Page

The Hightower Report - Opening Calls

Order before Oct 31.
2006 and Save 25%

03/10/2010

Bonds -60 Sugar -97 Beans +2.5 Crude +30
S&P 500 +0.8 Cotton +30 Meal -5.0 Unleaded +167
Dow +7 Cocoa -11 Soyoil +30.0 Heat +144
Yen -52 Coffee +5 Corn -0.3 Nat Gas -14
Euro +23     Wheat -0.5    
Swiss +19         Gold +4.50
Canada +2     Cattle -10 Silver +3.20
Pound -58     Hogs +20 Platinum +16.3
Dollar -1         Copper +65

DAILY MARKET SUMMARY
STOCKS: Apparently the bull camp continues to get the benefit of the doubt
BONDS: Not enough concern on the recovery to offset residual supply worries
CURRENCIES: Apparently the Dollar will continue to win by default
COPPER: After coiling pattern the bulls look to regain control again
METALS: Look for an upside breakout today in the silver market
CATTLE: Overbought with beef prices down on week and higher cash expected
HOGS: Short-term weakness but still in bull trend; packer margins weak
BEANS: USDA report to set tone today; massive S America crop to absorb
CORN: Prices are eroding and this may bring a steady diet of selling.
WHEAT: Wheat headed lower, but beware of periodic short covering rallies
ENERGY: Overbought, will likely need bullish EIA report to push above key resistance
COTTON: The other shoe dropped yesterday. More selling seems likely.
COFFEE: Technical action improving after moving above downtrend channel; up
SUGAR: Spec long liquidation accelerates as India washouts spark more selling
COCOA: Oversold, but bearish currency influences could continue to pressure
 


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.