Alcoa earnings loss raised questions on strength of earnings reported in earnings season started this week. Will it evolve to something more then temporary weakness it depends primarily on reported earnings and U.S. dollar exchange rate. For me, the path is still not clear. On the economic data front we had trade balance reported today. […]

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United States Department of Agriculture issued Crop Production 2009 Summary for January. Production of all major agricultural commodities is expected at record numbers. The report sparked a major sell-off. Chart 1. Dow Jones – UBS Corn Subindex Chart 2. Dow Jones – UBS Wheat Subindex Chart 3. Dow Jones – UBS Soybeans Subindex

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