Author: Jim Wyckoff

* LATEST MARKET DEVELOPMENTS * The market place is still buzzing about U.S. Federal Reserve Chair Janet Yellen’s inaugural testimony on monetary policy to the Congress Tuesday. Traders and investors examined closely her...

SOFTS: March sugar closed down 9 points at 15.64 cents today. Prices closed nearer the session high today and saw more of a corrective pullback from the recent rally. Sugar bears have the overall near-term technical advantage....

* LATEST MARKET DEVELOPMENTS * The highlight during U.S. trading hours Tuesday will be Fed Chair Janet Yellen’s inaugural testimony on monetary policy to the Congress. Traders and investors will closely examine her morning...

* LATEST MARKET DEVELOPMENTS * Asian and European stock markets were firmer Monday, to start the new trading week. U.S. stock indexes were a bit weaker in overnight trading. The world stock markets have for the moment stabilized...

ENERGY MARKETS March crude oil closed higher on Thursday as it extends the rally off January’s low. Profit taking tempered early-session gains and today’s mid-range close sets the stage for a steady to lower opening...

* LATEST MARKET DEVELOPMENTS * Friday is a big day for the market place. The U.S. Labor Department’s employment report for January is out at 8:30 a.m. eastern time. The monthly jobs report is always important, but this...

GRAINS: March corn futures closed up 1 1/2 cents at $4.43 1/4 Wednesday. Prices closed nearer the session high today and hit another fresh 2.5-month high. More short covering and bargain hunting were featured today. Prices are...

LIVESTOCK: April live cattle closed down $0.50 at $139.90 Tuesday. Prices closed nearer the session low and hit a fresh three-week low today. Recent downside price action and a deteriorating fundamental posture in the cattle...

GRAINS March Corn closed up 1 3/4-cents at 4.35 3/4. March corn closed higher on Monday as it extends the rally off January’s low. The mid-range close sets the stage for a steady opening when Tuesday’s night session...