04 February 2010
hile cattle have the supply fundamentals to see a rally into the spring, the short term situation is bearish, as high open interest, fund positioning, meat export interruptions, potential curtailments in bank commodity trading and the potential for China continue to follow a "tightening path" are all factors which might spark a short term sell-off.
Posted in Commentary0 Comments
04 February 2010
Look for more long liquidation selling over the near term.
Posted in Commentary0 Comments
01 February 2010
It's clear from the price action that traders are recalculating a weaker demand outlook in the fundamental setup for cocoa and that could pull May cocoa back to the November low unless macro economic optimism can be revived or a bullish supply side catalyst surfaces.
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01 February 2010
The market seems to have the fundamentals to turn up at anytime but for now the short-term trend is down.
Posted in Research0 Comments
01 February 2010
Weakness in London and a threat of a reversal today if the market closes lower may keep new buyers away.
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01 February 2010
If the trend toward fund selling continues, and it looks like it will, cotton will continue to move lower in coming days and weeks.
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29 January 2010
While the gold market seems to remain focused on demand prospects, the track of supply side news this week seems to have generally favored the bear camp.
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29 January 2010
After reaching a technically oversold extreme, there is the potential to see an end of the month short covering in oil markets today if the economic news and outside market influence can provide a buying incentive.
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28 January 2010
Price erosion is likely to continue over the intermediate to longer term, but another round of increases in open interest in corn this week may be setting the stage for a modest bounce.
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28 January 2010
The market is in a short-term oversold condition, but rallies still look like selling opportunities.
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Commodity Outlook – 2010.02.08
Wheat Strategies – 2010.02.08
Copper Strategies – 2010.02.08
