Tag: crude oil
Crude Oil is the New Gold: Buy When There is Blood...
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....
$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...
Natural Gas and Oil Are Always On Trader’s Radar
This week I wrote a daily trading update on USO, the US Oil Fund.
Plus, I did a video for CMC Markets on Natural Gas...
Commodity Price Patterns Signaled Caution Despite Russian Invasion!
Market prices absorb all the information that's out there. Perhaps that's why several commodity prices surged in the months leading up to the Russian...
Is Crude Oil About To Send An Important Global Message?
The past 12 years have seen some really big swings in the price of crude oil. And the latest swing higher into 2022 played...
Another Market Collapsing
The real reaction to Wednesday’s Federal Reserve meeting is likely to happen Thursday.
All eyes and ears were on Chairman Jerome Powell today. Most notable...
Crude Oil At Crossroads, Next Move To Impact Inflation
Inflation concerns peaked last year when agriculture and oil prices peaked.
This year has seen inflation fears subside as key price inputs fall.
BUT investors should...
