Author: Jim Wyckoff

LIVESTOCK: June live cattle closed up $0.20 at $137.02 Tuesday. Prices closed nearer the session high today. A bullish USDA cattle-on-feed report last Friday has limited the downside in cattle this week. Still, when a market...

* LATEST MARKET DEVELOPMENTS * Wednesday is an extra important trading day. Not only is important U.S. economic data released, it’s also the last trading day of the month, which makes it a critical day from a technical...

* LATEST MARKET DEVELOPMENTS * Asian and European stock and financial markets were quiet overnight, focusing on corporate earnings reports and awaiting key economic data due out this week. This is a very busy week of U.S....

ENERGIES: June Nymex crude oil closed up $0.35 at $100.96 today. Prices closed near mid-range today and saw a corrective bounce. Crude oil bulls have the near-term technical advantage but have faded badly recently, to begin to...

June U.S. T-Bonds closed up 1/32nds at 134 16/32nds today. Prices closed nearer the session high today. Bulls have the solid overall near-term technical advantage. The next downside price breakout objective for the T-Bond bears...

* LATEST MARKET DEVELOPMENTS * The Russia-Ukraine crisis has escalated late this week. I would not be surprised to see a keener “risk-off” trader and investor mentality as Friday wears on and heading into the...

* LATEST MARKET DEVELOPMENTS * European stock markets were supported by upbeat earnings reports coming from the U.S. late Wednesday, namely the technology sector and Facebook and Apple. Asian stock markets were mixed Thursday....