Author: Jim Wyckoff

Thursday, October 17–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * The U.S. government is open for business after 16 days of partial closure. The U.S. Congress and President Obama came to a last-minute...

Wednesday, October 16–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * The U.S. government remains partially closed on day 16. The U.S. Congress and President Obama are bumping right up against the...

GRAINS: December corn futures closed up 3 3/4 cents at $4.37 Monday. Prices closed near the session high on short covering in a bear market after prices hit a three-year low early on Monday. Harvest progress is taking place in...

Tuesday, October 15–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * As the U.S. government partial closure is in day 15, it finally appears the U.S. Congress and President Obama are making substantial...

Monday, October 14–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * The U.S. stock indexes are seeing selling pressure Monday morning as the U.S. Congress and President Obama over the weekend made little...

LIVESTOCK: December live cattle closed up $0.22 at $132.17 Thursday. Prices closed near mid-range. Not much new, especially with no USDA market news. Good U.S. consumer demand and bullish cash market fundamentals continue to...

Friday, October 11–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * Asian and European stock markets rallied Friday, following the big gains in U.S. stock indexes Thursday. U.S. stock indexes are slightly...

CURRENCIES: The December Euro currency closed down 43 points at 1.3525 Wednesday. Prices closed nearer the session low Wednesday. Bulls still have the near-term technical advantage. Euro bulls’ next upside price breakout...

Thursday, October 10–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * There is a general “risk-on” attitude in the market place Thursday morning as there is some hope that Democrats and...

GRAINS: December corn futures closed down 7 1/4 cents at $4.42 Tuesday. Prices closed nearer the session low. The corn market was pressured by rapid harvest progress taking place in the U.S. Corn Belt, including...