Author: Jim Wyckoff

September U.S. T-Bonds closed down 21/32 at 138 21/32 yesterday. Prices closed near the session low yesterday and closed at a fresh contract low close. Bond market bears have the solid overall near-term technical advantage....

GRAINS: December corn futures closed up 2 1/2 cents at $5.48 1/2 Tuesday. Prices closed near mid-range and saw position evening featured ahead of Wednesday’s monthly USDA supply and demand report. Bears have the overall...

Tuesday, June 11–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * World stock and bond markets, and gold, are under strong selling pressure Tuesday, with the yield on Greek government bonds pushing above...

LIVESTOCK: August live cattle closed down $0.80 at $118.42 yesterday. Prices closed near the session low yesterday and hit a fresh two-week low. Cattle futures bears have the solid overall near-term technical advantage. There...

Monday, June 10–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * China reported weaker-than-expected economic data during the weekend. Its producer price index fell 2.9% in May, on an annual basis....

Friday, June 7–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * The market place is on hold Friday morning, awaiting the U.S. employment report, which is arguably the most important monthly economic...

Thursday, June 6–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * European stock markets traded near steady Thursday as traders and investors awaited the results of the monthly monetary policy meetings of...

ENERGIES: July Nymex crude oil closed up $0.36 at $93.67 yesterday. Prices closed nearer the session low yesterday. Trading remains choppy. Crude bulls and bears are on a level near-term technical playing field. The next...

Tuesday, June 4–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * In overnight news, the Japanese stock market rebounded Tuesday following recent strong selling pressure. The Chinese stock market remained...

Monday, June 3–Jim Wyckoff’s Morning Web Log * LATEST MARKET DEVELOPMENTS * The much-anticipated economic data from China over the weekend was a mixed bag for traders and investors. China’s official purchasing...