Author: Jim Wyckoff

* LATEST MARKET DEVELOPMENTS * In overnight news, European stock markets and the Euro currency were firmer despite news that Euro zone retail sales fell sharply in December, at down 0.8% on the month and down 3.4% on an annual...

The March Euro currency closed down 148 points at 1.3517 yesterday. Prices closed nearer the session low yesterday on heavy profit taking. Prices Friday hit a 14-month high. No chart damage occurred yesterday. Bulls still have...

Friday, February 1–Jim Wyckoff’s Morning Web Log Note: I am out of the office this morning. My friend and fellow analyst/trader Ken Seehusen produced most of my morning report. Ken’s style is a bit different...

The March Euro currency closed up 8 points at 1.3578 yesteray. Prices closed near mid-range and hit another fresh 13-month high yesteray. Prices also closed at a bullish monthly high close. Bulls have the solid overall near-term...

* LATEST MARKET DEVELOPMENTS * (Note: I’ve been posting daily dispatches on Twitter for quite some time. I invite you to follow me, and it’s free: @jimwyckoff ) European stocks were weaker Thursday and the Euro...

March U.S. T-Bonds closed down 5/32 at 143 9/32 yesterday. Prices closed near mid-range yesterday and hit a fresh contract low. Not even a friendly FOMC report and a weak GDP report could help the bond market bulls yesterday,...

* LATEST MARKET DEVELOPMENTS * The two-day U.S. Federal Reserve FOMC meeting ends Wednesday afternoon with its official policy statement to follow. Most market watchers expect the Fed to keep U.S. monetary policy...

The March Euro currency closed up 33 points at 1.3493 yesterday. Prices closed near the session high, hit an 11-month high and scored a bullish “outside day” up on the daily bar chart yesterday. Bulls have the solid...

* LATEST MARKET DEVELOPMENTS * U.S. stock indexes are weaker in early electronic trading. Asian and European stocks were firmer overnight in uneventful dealings. There was upbeat German consumer confidence data released Tuesday,...