Crude Oil is the New Gold: Buy When There is Blood in the Street
Weaker labor market, manufacturing production slowing, new home prices falling and crude oil inventories rising more than expected are all to blame for the...
Crude Oil Elliott Wave Forecast: A Bear’s Playground
The lower high we’ve been expecting in crude oil futures might have happened last week. If confirmed, it would boost the case for a...
Monthly Chart Points to Much Higher Oil Prices Coming
Before we begin, just a note to mention that TLT took out the fast MA featured in the October 10th Daily Update, while SPY underperformed....
Energy Sector (XLE): Will “Long” Moving Averages Hold Again?
Energy stocks have remained strong as crude oil prices remain elevated.
But the Energy Sector ETF (XLE) has traded sideways this year and finds itself...
3 Key Relationships to Help Assess Stock Market Direction
If you are finding yourself fluctuating between bullishness and bearishness, then congratulations!
Hopefully, that also means you are waiting for certain signals to help you...
Can the Widowmaker Natural Gas Resuscitate?
Probably the worst or at least one of the worst performers in the overall market and in the commodities market, natural gas is choppy...
Oil and Gas Sector ETF (XOP) and Stocks Continue Bullish Trading
After pausing at the initial MOB target band, the XOP had an impulsive bullish move above that zone.
This, to me, signals a strong lack...
$XOP Oil and Gas Exploration & Production ETF Bullish Buy Signal
I remain long (bullish) the Oil and Gas Exploration ETF (XOP) and believe that the current pause is a bullish consolidation.
Furthermore, I also believe...
U.S. Oil Reserves Drop to 40 Year Lows
On June 12th, Goldman Sachs came out stating how bearish they are on oil.
I wrote a Daily about it on June 20th:
Bearish at the Bottom-Institutions...
What A Healthy Correction in Energy Stocks Looks Like
An interesting article based on cycles and commodities versus stocks suggests that over the past 90 years, stocks have outperformed commodities by 4 to...
