02/08/2010
| Bonds | -130 | Sugar | +27 | Beans | +12.0 | Crude | -4 |
| S&P 500 | -1.9 | Cotton | +91 | Meal | +29.0 | Unleaded | -14 |
| Dow | -18 | Cocoa | -3 | Soyoil | +48.0 | Heat | +24 |
| Yen | -9 | Coffee | +0 | Corn | +4.0 | Nat Gas | +105 |
| Euro | +20 | Wheat | +5.5 | ||||
| Swiss | +4 | Gold | +14.90 | ||||
| Canada | +32 | Cattle | +10 | Silver | +26.00 | ||
| Pound | -37 | Hogs | +25 | Platinum | +6.9 | ||
| Dollar | -4 | Copper | +155 |
| DAILY MARKET SUMMARY |
| STOCKS: A temporary pause in the selling but the trend remains down |
| BONDS: Slight less sovereign debt concerns to temporarily deflate Treasuries |
| CURRENCIES: Temporary bounce in the Euro not an end to the down trend |
| COPPER: We don't get the sense that copper has forged a solid low yet |
| METALS: Only a temporary respite from the downward bias |
| CATTLE: Positive tilt but Russia and now China have issues with US poultry |
| HOGS: Too many demand issues to expect recovery bounce on positive supply news |
| BEANS: Seems too oversold to follow financials lower; EPA news supports |
| CORN: New lows with modest recovery rallies should be near term pattern. |
| WHEAT: Outside markets providing pressure, but sellers are lacking in wheat. |
| ENERGY: Any technical bounce in oil will be limited by a bearish fundamental setup |
| COTTON: Look for a short term bounce amid a long term continued sell off. |
| COFFEE: Still no technical sign of low but damage done and outside markets up |
| SUGAR: Choppy to higher trade early this week with commodity recovery bounce |
| COCOA: Very oversold, but bearish chart pattern keeps downside risk in place |
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