Daily Headlines

STOCKS: Look to sell bounces until bailout passage gains some momentum
BONDS: Classic fundamentals are supportive but bailout conflict is limiting
CURRENCIES: Expect a range trade as the market awaits a Congressional decision
COPPER: The path of least resistance is still pointing downward
METALS: The bulls seem to be able to spin all the headlines into their favor
CATTLE: Weakening demand concerns with futures holding premium; more down
HOGS: USDA report but slow demand and hefty supply point down into Friday
BEANS: Path of least resistance still up. Inflation is the underlying reason.
CORN: Outside markets somewhat less of a factor this morning. Higher for now.
WHEAT: We got our setback yesterday. It was minor. Next stop, 798?
ENERGY: Near term edge goes to the bull camp but the economy will limit
COTTON: Weakening demand structure; lack of bill progress, another leg down?
COFFEE: Oversold and probing for near-term low; inflation concerns ahead
SUGAR: Uneasy trade; lack of progress in bail-out package could spark selling
COCOA: Dollar may have less influence once new crop season starts in Oct