PRECIOUS METALS October gold closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday’s night session begins trading. Stochastics and the RSI are oversold but remain neutral to...
Read More* Latest Market Developments * The “dog days” of summer are approaching and with much of Europe on vacation during August, the market place feels a bit lethargic at present. Many traders and investors are more...
Read More* Latest Market Developments * NOTE: My friend and fellow market analyst Ken Seehusen produced my report today, as I am out of the office to attend my brother-in-law’s funeral.—Jim The STOCK INDEXES: The September...
Read More* Latest Market Developments * This is no ordinary summertime Friday. World stock markets were under strong selling pressure overnight, following the U.S. stock market lead from Thursday. The Dow and S&P 500 stock index...
Read More*Latest Market Developments* Many markets were subdued overnight as traders and investors await Friday’s U.S. Labor Department employment report. The report is forecast to see a rise in non-farm payrolls of 230,000 in July...
Read MoreGRAINS: December corn futures closed down 5 1/2 cents at $3.71 1/4 Tuesday. Prices closed nearer the session low. The corn market bears are still in firm overall technical control. Updated Corn Belt extended weather forecasts...
Read More* Latest Market Developments * There are still geopolitical rumblings in the market place early this week. The European Union and U.S. are slapping new sanctions on Russia. Meantime, the Israel-Hamas conflict appears not to be...
Read More* Latest Market Developments * There were no major, markets-moving developments on the geopolitical front over the weekend, so the market place is starting to focus more on other matters such as the big U.S. economic data week...
Read MoreMETALS: August gold futures closed down $13.80 an ounce at $1,290.90 today. Prices closed nearer the session low today and hit a four-week low on more profit taking, less risk aversion and on a stronger U.S. dollar index. Gold...
Read More* Latest Market Developments * There is a bit of trepidation in the market place Friday morning, heading into a weekend that sees geopolitical tensions still high on at least a couple fronts. The U.S. stated late Thursday that...
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