Author: Jim Wyckoff

* Latest Market Developments * In overnight news, the European Union saw more downbeat economic reports, as the bloc’s gross domestic product showed a zero percent growth rate in the second quarter from the first, and was...

LIVESTOCK: October live cattle closed down $2.70 at 147.75 Tuesday. Prices closed nearer the session low and hit a seven-week low today. Worries about the beef market fundamentals weakening have hit the futures market hard...

* Latest Market Developments * While there are still geopolitical hotspots in the world that the market place is monitoring, traders this week appear to have a bit more risk appetite. However, trading volumes have been light in...

September U.S. T-Bonds closed down 2/32 at 139 11/32 today. Prices closed near mid-range on mild profit taking after hitting another contract high last Friday. The bulls have the solid overall near-term technical advantage. The...

* Latest Market Developments * There are still geopolitical hotspots in the world that have the attention of the market place: civil war in Iraq, in which the U.S. has just injected military force; the Russia-Ukraine tensions;...

* Latest Market Developments * Geopolitics is front and center in the market place Friday morning. Thursday night President Obama authorized air strikes against militants in Iraq, who have thousands of civilians trapped without...

LIVESTOCK: October live cattle closed up $0.35 at 156.00 Wednesday. Prices closed nearer the session high. The cattle bulls still have the overall near-term technical advantage. If the cattle bulls have been anything in recent...

* Latest Market Developments * In overnight news, reports said Russia has retaliated against the West’s sanctions by imposing its own: banning imports of many food items from the West. The Russia-Ukraine territorial crisis...

* Latest Market Developments * The feature in the market place Wednesday morning is the sell-off in world stock markets, following the U.S. lead Tuesday afternoon, as investors and traders exhibit keener “risk-off”...