10 Important Charts To Watch In 2021 (Q1 Update)
Welcome to Q2! Things have moved fast since my original post (both in terms of market movements and the general consensus/sentiment). So I thought...
Commodities SellOff Not Over, Look For Another Move Lower
Commodities look to have one more leg lower before any bottom is formed.
While the multi-day pullback in the US Dollar has resulted in a...
U.S. Stock Market Trends Remain Positive As Buying Continues
It was a mixed day for the major U.S. stock market indices. The S&P 500 Index traded in a tighter range, finishing the day...
Will $XOP Oil & Gas Sector ETF Trading Buy Signal Hold Up?
Following a price reversal higher, the momentum shift in the energy sector appears to be taking hold.
Although traders need to be selective (and use...
Bullish Reversal In Oil and Gas Exploration Stocks?
I like the pullback in WTI Crude Oil and believe a reversal higher is setting up the Oil & Gas Exploration Sector (XOP) and...
$XLE Energy Sector Reversal Triggers Buy Signal
The Energy Sector ETF (XLE) is reversing higher this week after pulling back back for several days.
This reversal has triggered a buy signal in...
Euro Currency Break-Down? Commodity Bulls Hope Not!
The recent rally in the Euro currency (EURUSD) has drawn the attention of forex traders, macro investors, and the commodities market. The latter has...
Commodities Nearing Important Time/Price Juncture!
The rise in commodities prices has investors (and consumers) concerned about inflation again, with bond prices falling and bond yields rising. It also has...
Stock Market Weekly Analysis (video): Crude Oil, VIX, and The Fed
The U.S. stock market and broader global financial markets absorbed quite a bit of news last week. The Federal Reserve came out with a...
Occidental Petroleum Stock (OXY) Trend Remains Bullish
One name I have been bullish on in the energy sector is Occidental Petroleum Corp (OXY).
As you can see in the chart below, Occidental's...