Author: Jim Wyckoff

* LATEST MARKET DEVELOPMENTS * The civil war in Iraq remains a major market factor and continues to prompt risk aversion among traders and investors. The risk aversion is scattered however. While the S&P 500 stock index hit...

* 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...

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...

* LATEST MARKET DEVELOPMENTS * The big economic data point of the week and maybe the month occurs Wednesday: The U.S. Federal Reserve Open Market Committee meeting that began Tuesday and ends Wednesday afternoon, including a...

* 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...

* LATEST MARKET DEVELOPMENTS * It’s a modest “risk-off” day in the market place Monday, as the situation in Iraq deteriorated during the weekend. The Sunni rebel group trying to gain control of Iraq claims it...

* LATEST MARKET DEVELOPMENTS * World stock and financial market traders and investors are late this week seeing some anxiety develop regarding the civil war occurring in Iraq, which has escalated. Stock markets have sold off...

* 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...

GRAINS: July corn futures closed down 5 3/4 cents at $4.45 1/4 Tuesday. Prices closed nearer the session low and hit another more-than-four-month low. Very good growing conditions early in the season have the U.S. corn crop...