Look for wheat at 425 – it be can the trade of the decade
Peter Oberois
Dec. 3, 2006

Wheat may be overbought and too high right now. But after consolidation and fall back into the previous top a testing the same it has the potential to move into 1000 and more in the next five to seven years.

The shortage of wheat is massive. The worldwide wheat production is lowest in the last fifty years in proportion to the world population. The stored wheat is also at the lowest. Lack of inventory, break of Aussie monopoly on Indian and Chinese demand is bullish.

Look for wheat at 425 – it be can the trade of the decade
Peter Oberois
The shortage of wheat is massive. The worldwide wheat production is lowest in the last fifty years in proportion to the world population. Lack of inventory, break of Aussie monopoly on Indian and Chinese demand is bullish.
READ MORE>>

A ten year cycle and super bearish sentiment on dollar projects US Dollar index to 120 from 82 in the next four years
June Russo
A ten year cycle study predicts 2004-2006 as a major cycle low while 2009-2011 as the major cycle top. It means 2007-2009 can be explosive in US Dollar.
READ MORE>>

Confidence indicator of the University of Michigan went up slightly from 92.1 to 93 – stocks and dollar can rally, bonds fall
Alan Hershey
The data in this week will most likely show that the confidence indicator of the University of Michigan went up slightly from 92.1 to 93. The fact that it is not sliding will provide the Fed hawks a pretext to stay the course.
READ MORE>>

Initial Jobless Claims reduced by 32,000 last week and 13,000 more new Nonfarm Jobs were created – bullish for dollar?
Bernie Snyder
The dollar bears had their day. This week they will cover their short positions, as data will show the job market did not deteriorate any further.
READ MORE>>

ISM Non-Manufacturing data of 55 from 57.1 will point out the economy is not that weak
Joe Weinman
The market will do everything imaginable to get a two or three rate hikes. The ISM manufacturing data showed there was a contraction last month after three years. But the ISM service data will show relative strength.
READ MORE>>

A sharp drop in factory orders from lack of demand in real estate sector will not be enough to scare the Fed
Peter Oberois
. The factory orders are expected to plummet with a fall of 4.2% compared to a 2.1% rise last month. But that will not be enough to calm down the inflation hawks in the Fed.
READ MORE>>

Higher productivity and lower labor init cost will boost the equity market and pull gold down
Sam Adelton
The third quarter productivity will be 0.4% from the prior data of 0.0%. The unit labor cost is expected to be rise 3.3% down from 3.8% in the prior data.The stock market has its structural problems but this data for the time being will be bullish.
READ MORE>>

The Wall Street is now controlled by a handful major hedge funds – the lack of organic liquidity is a major concern
Marla Guthrie
If Dow goes back to 1700 in the next four years, the misery and suffering among the common people will be enormous. The Enron scam will look like a baby.
READ MORE>>

MORE ARTICLES >>