Tag: West Texas Intermediate (WTI)
Crude Oil Has Entered A Seasonal Downtrend
Erroneous Expectations Many market observers are probably expecting crude oil prices to enter a seasonal uptrend due the beginning heating season. After all, the heating season in the Northern hemisphere means that energy consumption will rise. The effect of the heating season on demand is however offset by other factors, such as the use of […]
Three Oil Stock Charts To Watch Closely…
Watch These Oil Stock Charts Closely… After a failed breakout attempt in early October, West Texas Intermediate (WTI) crude has fallen back into the same shiftless trading pattern that’s been in place since early September. In fact, the closely watched commodity is currently trading at the same price it was two months ago… $46 a […]
Oil Industry Bankruptcies: Coming To Your Portfolio?
Are Oil Industry Bankruptcies Coming To Your Portfolio? No doubt about it, the recent 20% jump in crude prices is a welcome sign. With West Texas Intermediate (WTI) back in the mid-$40 range, there’s a good possibility late August’s stunning rally set a bottom in the market. But whatever you do, don’t think the worst […]
Is This Crude Oil Rally For Real?
Is This Crude Oil Rally For Real? No doubt about it, last week’s market action was some of the craziest we’ve seen in years. From Monday’s eye-popping 1,000 point DOW downdraft to Wednesday’s scorching 600 point rally, the equity markets literally went crazy. But while equity markets were stealing the headlines, something very important happened […]
Stock Market Panic = Commodity Opportunity?
Stock Market Panic! Wow… The past few days have been rather intense. As I’m sure you’re aware, the Dow Jones Industrial Average (DJIA) succumbed to a gut churning 530 point selloff last Friday. Meanwhile, the S&P 500 gave up 64 points as investors jettisoned stocks left, right, and center. But Friday’s downturn was just an […]
S&P 500 Chart And What It Means For Commodities…
S&P 500 Chart Tells An Intriguing Story… Something big is brewing in stocks… Despite some wildly bullish moves for individual stocks this year, the market as a whole has essentially traded sideways. As a matter of fact, the S&P 500 is only up a mere 1.9% since January 1st. If you’re an index investor, 2015 […]
Where Will World Oil Prices Move On This Surprising News?
World Oil Prices: Due For A Rebound? For the first time in a long time, investors are contemplating the upside potential in world oil prices instead of the downside. What’s changed? There has been a sudden uptick in Middle East political uncertainty. As if dealing with ISIS isn’t enough, the war torn region is facing […]
IEA Says Crude Oil Prices Nearing A Bullish Turn
Crude Oil Prices: Bottom Near? Without question, crude oil prices have been the talk of the commodity industry for the past six months. That’s because West Texas Intermediate (WTI) crude oil is currently undergoing one of the steepest price downturns in decades. The commodity has collapsed 52.6% since July 2014. The lion’s share of those […]
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 […]
