Author: Jim Wyckoff

NOTE: I am out of the office this week. My friend and fellow market analyst Ken Seehusen will produce my reports. I’ll be back at work full throttle next Monday morning. Happy New Year!–Jim The STOCK INDEXES The...

NOTE: I am out of the office this week. My friend and fellow market analyst Ken Seehusen will produce my reports. I’ll be back at work full throttle next Monday morning. Happy New Year!–Jim The STOCK INDEXES The...

ENERGIES: February Nymex crude oil closed up $0.23 at $99.43 today. Prices closed nearer the session high and hit a fresh two-month high today. Crude oil bulls have the near-term technical advantage. The next near-term upside...

ENERGIES: February Nymex crude oil closed up $0.26 at $99.17 today. Prices closed nearer the session high. Crude oil bulls have the near-term technical advantage. The next near-term upside price breakout objective for the crude...

* LATEST MARKET DEVELOPMENTS * It was quiet in the markets overnight, the day after the Christmas holiday. Look for thin volumes and lackluster trading conditions on Friday and most of next week. The U.S. stock indexes continue...

METALS: February gold futures closed down $5.60 an ounce at $1,198.10 today. Prices closed near mid-range in quiet, pre-holiday trading. Prices are hovering near the contract low scored last weeks. The gold market bears have the...

* LATEST MARKET DEVELOPMENTS * It was very quiet in the markets overnight, what with the Christmas holiday on Wednesday. Look for thin volumes and lackluster trading conditions the rest of this week and next week. In overnight...

* LATEST MARKET DEVELOPMENTS * It’s a quiet, pre-holiday trading environment Monday morning. With the Christmas holiday on Wednesday look for thin volumes and lackluster trading conditions for most of this week and next...

The STOCK INDEXES The March NASDAQ 100 was higher overnight and is poised to extend the rally off Wednesday’s low. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If...