Author: Jim Wyckoff

Thursday, June 20–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * The market place Thursday morning sees traders and investors in a keen “risk-off” mentality following Wednesday’s U.S. Federal Reserve...

SOFTS: October sugar closed up 19 points at 17.25 cents yesterday. Prices closed nearer the session high yesterday, hit a fresh five-week high and scored a bullish “outside day” up on the daily bar chart. A weekly high close, or...

Wednesday, June 19–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * Asian and European stock markets were mixed again overnight, and in a holding pattern. The market place anxiously awaits the results of...

Tuesday, June 18–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * Asian and European stock markets were mixed in quieter dealings overnight as the market place anxiously awaits the results of the two-day...

GRAINS: December corn futures closed up 4 1/2 cents at $5.37 1/2 Monday. Prices closed nearer the session high and scored a bullish “outside day” up on the daily bar chart after hitting a fresh three-week low early on. It’s very...

Monday, June 17–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * Asian and European stock markets were mostly firmer Monday, but in a subdued atmosphere as the market place awaits the-two day meeting of...

Friday, June 14–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * Gold is seeing some mild safe-haven support on news President Obama has authorized the U.S. to provide arms to Syrian rebels. This will...

CURRENCIES: The September Euro currency closed up 23 points at 1.3359 yesterday. Prices closed nearer the session high yesterday and hit another fresh four-month high. Bulls have the overall near-term technical advantage and...

Thursday, June 13–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * Japan’s Nikkei stock index is in bear territory after dropping 6% on Thursday and is now down over 20% from last month’s high. The...