Tag: Oil investing
Stocks Got You Down? Look At Commodities…
Last week was ugly for stocks. The Dow, Nasdaq, and S&P 500 all fell over 2% as investors fretted about valuations, geopolitics, and the oncoming earnings season. This month’s downdraft has the major indexes in the red for the year. But commodities are still holding strong… In fact, the Reuters/Jeffries CRB Index just jumped to […]
Stock Selloff? Get Your Energy BUY List Ready!
Whew. What a roller coaster ride for stocks this week… As you’re likely aware, the DOW, S&P 500, and Nasdaq all ended up deeply in the red yesterday. In fact, the Nasdaq had its worst day since 2011, dropping just over 3%. And with JP Morgan (JPM) missing earnings estimates by a mile this morning, […]
A Historic Mistake?
Something remarkable happened in the realm of global politics this weekend… A historic deal was struck with Iran in regards to their highly controversial nuclear program. As you may know, Iran has been at odds with the global community for nearly a decade. In recent years, tensions have mounted as experts believed the rogue country […]
Energy Update: Crude To $90 Or $100?
Thursday was a big day for the energy markets. As you may know, the US Energy Information Administration (EIA) released both weekly oil and natural gas inventory reports yesterday due to the Veterans Day holiday on Monday. Let’s see what these important data releases revealed about the current supply/demand situation for energy commodities… Oil The […]
Government Shutdown? What Commodities To Watch…
Here we go again… Washington D.C. politicians are locked in another heated US budget battle. If they can’t come to an agreement soon, the US Government will suffer its first shutdown in 17 years. As usual, instead of coming together for the common good of the country, Republicans and Democrats are focused on making each […]
Energy Update: War Drums Send Oil Surging…
West Texas Intermediate (WTI) is going ballistic this morning. The commodity jumped to $112 a barrel in overnight trading thanks to the quickly developing crisis in Syria. What’s going on? In a nutshell, the US is threatening to strike Syria in retaliation for the country’s cowardly leader, Bashar al-Assad, using chemical weapons on his own […]
Commodity Trading: What To Watch This Week!
This is a big week for commodities… First of all, the US Energy Information Administration (EIA) releases a highly important crude market report on Wednesday. With Middle East political violence getting worse by the day, we’ll need bearish data from the EIA to keep oil prices under control. If not, West Texas Intermediate (WTI) could […]
Will Bernanke Pull Another Fast One On The Markets Today?
Ben Bernanke goes before Congress today for his annual testimony on the US economy. Of course, investors will be examining every word, facial expression, hand gesture, etc. for clues concerning his quantitative easing plans. As you’re likely aware, recent talk about whether the Fed will or won’t taper bond purchases has kept commodity investors on […]
Crude Oil: Here We Go Again…
In case you haven’t noticed, the price of crude oil is lunging towards $100 a barrel. And since an important technical resistance area was surpassed late last week, the commodity could be on the verge of a major price breakout. Let me show you what I mean… As you can see, crude just broke through […]
Technical Analysis: Is Crude Ready To Run Over $100?
Remember that potentially explosive chart of West Texas Intermediate (WTI) crude I showed you a few days ago? Well, it’s about to get even more interesting. But before I show you what’s in store for crude trading this week, let me quickly recap the long-term technical chart… As you can see in the weekly chart […]
