S&P 500 & Nasdaq Analysis and Trends

[AnderL]

Anyone check the breakfast table recently?

Seems bacon and milk is getting expensive. Must have been all the hot weather. Killed off a lot of stock. Orange juice keeps climbing non stop. Did they do the same thing with the orange groves as they did with and corn fields. Housing developments were more profitable that food? Might have to go overseas to make up the difference. Sugar is in the toilet. I think its an energy commodity now. Hey I still use it for breakfast.

All very recessionary, Energies in 04, Metals in 06, Food in 07. Inflation might pick up again. The Fed better play it smart with this one and not raise rates. Haven't they figured it out yet. Food is the laggiest of all commodities. If they raise rates because CPI, PPI goes up from food then there is no hope for them.

I'll post some charts this weekend