Coffee Splurges
Coffee is trading at a new contract high after a one-day pullback. The March contract, which registered on the Momentum-5 List,
surged on uncertain production reports from Brazil, the world’s major growing region.
Stock index futures are rallying. Four Market Bias Indicators are pointing up, suggested the indexes could trade higher.
Here are the highlights around noon Eastern time:
Stock Index and Bond Futures•March T-bonds [USH0>USH0]: -4/32 to 92 22/32
•December S&Ps [SPZ9>SPZ9]: +4.70 to 1407.20
•December Dow futures [DJZ9>DJZ9]: +25 to 11065
•December NASDAQ 100 futures [NDZ9>NDZ9]: +40.00 to 3054.00
Currencies
•December dollar index futures [DXZ9>DXZ9]: +.49 to 102.54
•December Swiss francs [SFZ9>SFZ9]: -.0025 to .6281
Energies•January crude [CLF0>CLF0]: +.29 to 25.29
•January unleaded gas [HUF0>HUF0]: +.0096 to .6980
•January heating oil [HOF0>HOF0]: +.0077 to .6490
•January natural gas [NGF0>NGF0]: +.052 to 2.445
Metals•February gold [GCG0>GCG0]: -4.5 to 287.4
•March silver [SIH0>SIH0]: -8.3 to 513.5
•March copper [HGH0>HGH0]: -1.20 to 79.45
Grains•March wheat [WH0>WH0]: -1 1/4 to 250
Meats•February pork bellies [PBG0>PBG0]: -.675 to 74.650
Softs and Fibers•March cocoa [CCH0>CCZ9H0]: -22 to 845
•March coffee [KCH0>KCH0]: +12.15 to 143.00