September U.S. Treasury bond futures (US U3) have seen prices trend solidly lower for several weeks, including prices hitting a fresh contract low on Thursday. The bears are in firm command and there are no early technical clues...
Read MoreThursday, August 22–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * The market place has had some time to digest Wednesday afternoon’s FOMC minutes that revealed no clear consensus from FOMC...
Read MoreWednesday, August 21–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * The market place is quieter early Wednesday, as traders and investors await the Federal Reserve’s FOMC minutes that are released...
Read MoreTuesday, August 20–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * While the market place can still be characterized as quieter, summertime trading conditions, the recent sharp drops in the Indian Rupee...
Read MoreFriday, August 16–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * In overnight developments, reports said hundreds of people have died the past few days in anti-government violence in Egypt. The...
Read MoreGRAINS: December corn futures closed up 17 cents at $4.72 1/4 Thursday. Prices closed near the session high Thursday on heavy short covering and fresh bargain hunting. A sharply lower U.S. dollar index Thursday was also...
Read MoreThursday, August 15–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * In overnight activity, reports said around 525 people have died the past two days in anti-government violence in Egypt. Government...
Read MoreLIVESTOCK: October live cattle closed up $0.07 at $128.15 Wednesday. Prices closed nearer the session high and hit another fresh 4.5-month high Wednesday. Cattle bulls have the solid near-term technical advantage. Bulls’...
Read MoreWednesday, August 14–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * In overnight news, the European Union has emerged from its six-quarter economic recession, EU data showed Wednesday. The EU...
Read MoreTuesday, August 13–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * The market place is awaiting a slew of U.S. economic data being released this week, starting out with retail sales on Tuesday. Many...
Read More
