Author: Jim Wyckoff

December U.S. T-Bonds closed down 12/32 at 1313 12/32 today. Prices closed nearer the session low and hit a fresh seven-week low in the wake of last Friday’s bearish U.S. jobs report. Bond market bears now have the...

* LATEST MARKET DEVELOPMENTS * In overnight news, Chinese leaders at their annual Communist party meeting pledged to enact fiscal and land reforms, ease controls on investment and become more market-oriented,reports overnight...

* LATEST MARKET DEVELOPMENTS * The Armistice and Veterans Day holidays in Europe and the U.S. Monday have squelched market activity. The U.S. government is closed on Monday and no U.S. economic data is due for release. The...

LIVESTOCK: December live cattle closed down $0.35 at $131.67 Thursday. Prices closed nearer the session low and closed at a fresh six-week low close today. The key “outside markets” were bearish for the cattle market...

Friday, November 8–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * Traders and investors are awaiting Friday morning’s U.S. employment report for October. The non-farm payrolls number of that...

December U.S. T-Bonds closed up 5/32 at 133 4/32 today. Prices closed nearer the session high on short covering after hitting a three-week low Tuesday. Bond market bulls and bears are on a level near-term technical playing...

* LATEST MARKET DEVELOPMENTS * The much-anticipated ECB monthly monetary policy meeting is under way as of this writing Thursday morning. While there are growing beliefs the ECB will at some point cut its key interest rate and...

December Nymex crude oil closed down $1.17 at $93.45 today. Prices closed nearer the session low today and hit another fresh 17-week low. Crude oil bears have the overall near-term technical advantage. A nine-week-old downtrend...

* LATEST MARKET DEVELOPMENTS * The European Stoxx 600 index hit another five-year high overnight on growing notions the European Central Bank will soon ease its monetary policy by lowering interest rates.The ECB monthly monetary...