Author: Jim Wyckoff

* Latest Market Developments * The somewhat surprising lack of concern in the market place regarding geopolitics has prompted better risk appetite in the market place this week. Tensions are rising on the Gaza strip as Israel...

* Latest Market Developments * The market place is more at ease Friday morning, following the keener risk aversion that occurred Thursday due to renewed worries about the health of the European Union’s financial...

* Latest Market Developments * World stock markets are under selling pressure Thursday due to several new developments: Weak economic data from the European Union, including Italy’s industrial output dropping 1.2% in May...

LIVESTOCK: August live cattle closed down $0.20 at $154.80 Monday. Prices hit another contract high and then backed off on some mild profit taking. The cattle bulls still have the solid overall near-term technical advantage in...

* LATEST MARKET DEVELOPMENTS * It’s a quieter trading affair in many markets early this week, amid a lack of major world economic news released so far. The focal point for U.S. traders this week is the FOMC meeting minutes...

Jim Wyckoff’s Morning Web Log The summertime doldrums may be setting in for the market place as many traders and investors focus more on family and summer vacations than the markets. The focal point for U.S. traders this...

* LATEST MARKET DEVELOPMENTS * Many U.S. markets close early today, in observance of the U.S. Independence Day holiday that gives the U.S. a three-day weekend. U.S. markets are closed on Friday. But as the trading week draws to...