Recent Commentaries tagged (stock-indexes)
Jim Wyckoff's Morning Blog--Thursday
Thursday, September 2-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * Gold prices have been trending higher for the past six weeks and set a fresh two-month high on Wednesday. It's my bias that in the coming weeks gold futures prices will establish a new all-time record high. The ...
Jim Wyckoff's Morning Blog--Wednesday
Wednesday, September 1-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * The first trading day of the month today finds investor risk appetite increasing, as stock and commodity markets are posting good gains, while the U.S. Treasury bonds and notes are seeing weaker prices. With so...
Jim Wyckoff's Morning Blog--Tuesday
Tuesday, August 31-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * Today is the last trading day of the month, which does make today technically more significant. Monthly high or low closes in a market are very technically significant. Also, fund managers like to even up positions...
Jim Wyckoff's Morning Blog--Monday
Monday, August 30-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * Financial, stock and currency market traders this week are awaiting what will likely be the most market-sensitive piece of economic data this week: Friday's U.S. jobs report. Look for more subdued trading in those m...
Jim Wyckoff's Morning Blog--Friday
Friday, August 27--Jim Wyckoff's Morning Web Log Note: I am out of the office today and my friend and fellow trader/analyst Ken Seehusen produced my morning report. The format is a bit different. but I think you'll enjoy Ken's style, too. Jim The STOCK INDEXES & MARKETS The September NASDAQ 100 w...
Jim Wyckoff's Morning Blog--Wednesday
Wednesday, August 25-Jim Wyckoff's Morning Web Log ***NOTE: There will be no morning report from me on Thursday, as I will be traveling most of the day. JIM'S MARKET THOUGHT OF THE DAY * Tuesday's U.S. existing home sales report that showed a very sharp decline in sales in July is yet another war...
Jim Wyckoff's Morning Blog--Tuesday
Tuesday, August 24-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * Most commodity markets are under selling pressure early Tuesday, being led lower by slumping European and U.S. stock markets, amid worries about world economic weakness in the coming months. There are compelling cl...
Jim Wyckoff's Morning Blog--Monday
Monday, August 23-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * Markets are generally quiet to start the trading week. We are nearing the end of the "dog days of summer." Next week will likely be another quieter, lower-volume trading week, heading into the U.S. Labor Day holiday...
Jim Wyckoff's Morning Blog--Friday
Friday, August 20-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * Here are my market biases, at present: the grains are at or near market tops and so are livestock futures. Crude oil will trade in a range between $70.00 and $80.00. Gold has more upside and so do T-Bonds and T-Note...
Jim Wyckoff's Morning Blog--Thursday
Thursday, August 19-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * We've got about three more weeks of lighter-volume dealings in the stock market until traders in the U.S. and Europe really get back to focusing on their investing. In early September, look for the U.S. and Europe...
Jim Wyckoff's Morning Blog--Wednesday
Wednesday, August 18-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * U.S. T-bonds and T-notes futures prices are hovering near the recent contract highs. The U.S. Treasury market bulls are snorting and there are no early technical clues that market tops are close at hand. In fact,...
Jim Wyckoff's Morning Blog--Tuesday
Tuesday, August 17-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * This week will be an extra important week in the currency markets. The U.S. dollar index is weaker again today, following a modest sell off on Monday. If the dollar index this week does show more downside price act...
Jim Wyckoff's Morning Blog--Monday
Monday, August 16-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * U.S. T-bond and T-Note futures hit fresh contract highs again overnight, as yields on U.S. Treasuries continue to be at or near record low levels. The willingness of investors to park their money in U.S. Treasuries ...
Jim Wyckoff's Morning Blog--Friday
Friday, August 13-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * Crude oil futures prices this week have lost around $6.00 a barrrel in value and there are now technical clues that a near-term market top is in place. An examination of the daily chart for crude oil futures sugges...
Jim Wyckoff's Morning Blog--Thursday
Thursday, August 12-Jim Wyckoff's Morning Web Log JIM'S MARKET THOUGHT OF THE DAY * The U.S. dollar index's sharp gains this week are now starting to suggest the greenback has put in a market low. That's not good news for the commodity market bulls. If the dollar index continues to rebound and em...
