Tuesday, August 10-Jim Wyckoff’s Morning Web Log JIM’S MARKET THOUGHT OF THE DAY * The U.S. dollar index is seeing a good short-covering bounce Tuesday morning, following recent selling pressure that drove prices to...
Read MoreENERGIES August crude oil closed down $0.55 at $76.49 a barrel today. Prices closed near mid-range today. Bulls have the slight overall near-term technical advantage. The next near-term upside price objective for the bulls is...
Read MoreENERGIES August crude oil closed down $2.94 at $72.69 a barrel yesterday. Prices closed nearer the session low yesterday and hit a fresh three-week low. Weak U.S. economic data and a slumping stock market have hit the crude oil...
Read MoreJuly crude oil closed down $0.77 at $76.90 a barrel yesterday. Prices closed near mid-range yesterday and were pressured by some weak U.S. economic data and some profit taking from recent gains. The bulls still have the slight...
Read MoreJune live cattle closed down $0.67 at $94.07 yesterday. Prices closed near the session low yesterday on more profit-taking pressure. The cattle market bulls still have the overall near-term technical advantage. Prices are in a...
Read MoreMonday, March 29–Jim Wyckoff’s Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are a weaker U.S. dollar index and higher crude oil prices....
Read MoreFriday, March 19–Jim Wyckoff’s Morning Web Log Note: I am out of the office today, and my friend and fellow Trader/analyst Ken Seehusen produced my morning report. Ken’s style is different than mine, but I...
Read MoreFriday, February 19–Jim Wyckoff’s Morning Web Log ****Note: I am out of the office today and my friend and fellow trader/analyst Ken Seehusing is producing today’s report. Jim OVERNIGHT/EARLY MORNING...
Read MoreWednesday, February 17–Jim Wyckoff’s Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are a firmer U.S. dollar index and firmer U.S. stock index...
Read MoreTuesday, February 16–Jim Wyckoff’s Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are a lower U.S. dollar index and higher gold and crude oil prices....
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