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Author: Jim Wyckoff

Stocks, Bonds Get Boost from FOMC, Yellen

* LATEST MARKET DEVELOPMENTS * Traders and investors are still digesting Wednesday afternoon’s Federal Open Market Committee meeting statement and a press conference from Fed Chair Janet Yellen.Most market watchers expected the...

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Livestock Futures Bulls are Fading a Bit

LIVESTOCK: August live cattle closed down $0.75 at $145.70 Tuesday. Prices closed near the session low and scored a bearish “outside day” down on the daily bar chart, after hitting another contract high early on. If there is...

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Crude Oil Bulls Benefit from Geopolitics

ENERGIES: July Nymex crude oil closed down $0.15 at $106.75 today. Prices closed nearer the session low today on mild profit taking after hitting a contract high on Friday. Trouble in the Middle East again is boosting oil. Crude...

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Geopolitics a Worry for Market Place

* LATEST MARKET DEVELOPMENTS * The civil war in Iraq remains on the front burner of the market place Tuesday. The situation there has not improved early this week, so there is still some keener risk aversion among many traders...

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Crude Oil Prices Boosted by Iraq Unrest

* LATEST MARKET DEVELOPMENTS * Iraq is back in the news headlines again, as civil war has broken out in that country amid escalating violence. Iraq’s ruling government is calling on the U.S. for military aid, although such is...

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