Author: Jim Wyckoff

* LATEST MARKET DEVELOPMENTS * It’s a “risk-off” day in the market place Monday, as Russia-Ukraine tensions are back on the front burner. Asian and European stock markets were under selling pressure Monday and...

* LATEST MARKET DEVELOPMENTS * European and Asian stock markets were under pressure Friday, following the sharp plunge on Wall Street Thursday. Biotechnology and internet stocks in the U.S. were hardest hit on Thursday, but...

* LATEST MARKET DEVELOPMENTS * The market place is still digesting Wednesday afternoon’s release of the minutes of the latest meeting of the Federal Reserve’s Open Market Committee (FOMC). The U.S. stock indexes and...

LIVESTOCK: June live cattle closed up $0.32 at $135.25 Tuesday. Prices closed near the session high today on short covering, mild bargain hunting and some chart consolidation after hitting a five-week low on Monday. The live...

* LATEST MARKET DEVELOPMENTS * Asian and European stock markets were pressured Monday following Friday’s losses in the U.S. stock market that were led by the Nasdaq index dropping sharply. Friday’s U.S. jobs data was...

LIVESTOCK: June live cattle closed up $0.30 at $136.77 Wednesday. Prices closed near mid-range today. The bulls have the overall near-term technical advantage. However, the recent higher volatility at higher price levels is not...

* LATEST MARKET DEVELOPMENTS * The European Central Bank is holding its monthly monetary policy meeting Thursday, including a press conference from ECB president Mario Draghi. Most, but not all, do not expect the ECB to make a...

* LATEST MARKET DEVELOPMENTS * Monday is the last trading day of the month and of the quarter, which makes it an extra important day from a technical and charts perspective. In overnight news, the annual inflation rate in the...