Home Page

The Hightower Report - Opening Calls

Order before Oct 31.
2006 and Save 25%

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.