What To Watch

With the Christmas holiday upon us, there was a lack of trading volume in the
futures markets. However, there are some nice setups beginning to form in the
Canadian dollar, copper and live cattle. Take a look at the "Tuesday’s
Futures Setups."

March 30-Year T-Bonds
(
USH2 |
Quote |
Chart |
News |
PowerRating)
closed at 100’23, down -0’13. March 5-year
T-Notes

(
FVH2 |
Quote |
Chart |
News |
PowerRating)
closed 105’02.5, down -0’06.0. March 10-Year
T-Notes

(
THY2 |
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PowerRating)
closed at 104’09.0, down -0’11.0.

The grains (Wheat, Corn, Oats and Beans) were closed due to the
holiday and will resume trading on Wednesday, Dec. 26, 2001.

Meat markets were up. Jan. Feeder cattle
(
FCF2 |
Quote |
Chart |
News |
PowerRating)
closed at
85.50, up 0.92. Feb. Live Cattle
(
LCG2 |
Quote |
Chart |
News |
PowerRating)
finished up .60 to
70.47. Feb. Lean Hogs
(
LHG2 |
Quote |
Chart |
News |
PowerRating)
moved higher to 55.77, up 1.12,
and Feb. Pork Bellies [PBG2] moved up 2.32 to 78.90.

Broader market index futures closed mostly unchanged. March S&P 500
futures
(
SPH2 |
Quote |
Chart |
News |
PowerRating)
closed at 1147.20, unchanged. The March Dow Jones
Industrial Average Index
futures
(
DJH2 |
Quote |
Chart |
News |
PowerRating)
closed down -5.00 to
10040.0, and the March Nasdaq 100 futures
(
NDH2 |
Quote |
Chart |
News |
PowerRating)
was
unchanged at 1585.00.

The currencies were mixed. The U.S. dollar index futures
(
DXH2 |
Quote |
Chart |
News |
PowerRating)
moved up1.13 to 118.54. The March British pound futures
(
BPH2 |
Quote |
Chart |
News |
PowerRating)
was up 0.005 to 1.436. The Japanese yen
(
JYH2 |
Quote |
Chart |
News |
PowerRating)
slid
.0077. The Swiss franc
(
SFH2 |
Quote |
Chart |
News |
PowerRating)
dropped 0.014 to .59. And the Australian
dollar

(
ADH2 |
Quote |
Chart |
News |
PowerRating)
rose 0.0006 to .5058.