Author: Jim Wyckoff

December U.S. T-Bonds closed up 1 24/32 at 132 3/32 Wednesday. Prices closed nearer the session high Wednesday, hit a fresh five-week high and scored a bullish “outside day” up on the daily bar chart. The FOMC news...

Thursday, September 19–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * Most world stock, financial and commodity markets were cheered by the surprising news from the FOMC Wednesday afternoon. The...

ENERGIES: October Nymex crude oil closed down $1.08 at $105.51 Tuesday. Prices closed near mid-range Tuesday and hit another fresh two-week low. Crude oil bulls still have the overall near-term technical advantage, but are now...

Wednesday, September 18–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * After weeks or even months of anticipation and speculation in the market place, today is the day many traders and investors have...

LIVESTOCK December live cattle closed up $0.05 at $129.20 Monday. Prices closed near mid-range today. The bulls have the near-term technical advantage at present. However, on fresh, significant price weakness a bearish...

* LATEST MARKET DEVELOPMENTS * Asian and European stocks markets were a bit anxious overnight as traders and investors await the results of this week’s meeting of the U.S. Federal Reserve’s Open Market Committee...

* LATEST MARKET DEVELOPMENTS * Many markets posted modest relief rallies Monday on the surprise weekend news that former U.S. Treasury secretary Larry Summers withdrew his name for consideration for chairman of the U.S. Federal...

GRAINS December corn futures closed down 8 1/2 cents at $4.64 Thursday. Prices closed near mid-range, hit a four-week low and were pressured by a surprising slight rise in the USDA’s U.S. corn production estimate. The corn...

* LATEST MARKET DEVELOPMENTS * It was generally quiet in Asian and European markets overnight, except the gold and silver markets, which saw solid follow-through selling pressure from Thursday’s strong losses. The...