Gazprom Bonds: A Leading Indicator For Crude Oil Prices?

Today, I’d like to highlight how the bond market can (and often does) serve as a leading indicator for equities and commodities. Below is a 1 year chart of Crude Oil prices (futures) pitted against energy giant Gazprom’s Corporate bonds. Note that Gazprom bonds bottomed before Oil prices did. And the subsequent turn higher in Gazprom bonds served as a leading indicator that oil prices might make a turn higher

4 Cyber Security Stocks To Watch Into Earnings (FEYE, LOCK, RDWR, CUDA)

In 2015, the hallmark of cyber security stocks has been the monstrous increase in trading volumes. Obviously, more hackers and more “visible” attacks have lead to more government and media attention… and this has lead to more interest in select cyber security stocks. The demand for this industry (and its stocks) shows up in the PureFunds Cyber Security ETF (HACK), which continues to hit 52 week highs (see chart below).

Emerging Markets (EEM): Chart Says This Week Is Critical

The Emerging Markets have been a hot topic as they have outperformed recently. I wrote about the S&P 500 (SPY) to Emerging Markets (EEM) relative strength ratio a couple weeks ago because it looked like it was headed into support. Well, now it’s time to provide a quick update on that SPY/EEM ratio. In that post, we discussed the implications to the Emerging Markets while also showing the impact this ratio had on

Keurig Green Mountain (GMCR): Coming To A Head With Earnings On Tap

Keurig Green Mountain (GMCR) really bombed their last product launch and as a result sales growth during the holiday quarter was flat year over year for the coffee company. Since that news, their stock price has compressed and is reaching a turning point. Let’s start with a  look at the long term chart Keurig Green Mountain (GMCR) Long-Term Stock Chart   Now let’s look at the daily chart, then provide

US Dollar Chart: Is A Deeper Pullback Coming?

The US Dollar Index has been flexing its muscle since last summer and is up over 20% in less than a year. When putting the US Dollar rally into perspective, it truly has been rare and historic. Will the “historic” rise equate to a major long-term trend change higher? Perhaps. But there is something that investors of all asset classes should be aware of regarding King Dollar right now: momentum has

Johnson Controls (JCI) Stock Chart Looking Bullish

Johnson Controls (JCI) made it on my radar screens a few months ago as a proxy play on what I foresee as a Commercial Real Estate frenzy that will play out over the next few years. The trigger to get long was some large option trades, which have resulted in total calls Open Interest to almost double vs. the 20 day average, and still show almost 15,000 contracts in OI

Freeport-McMoran Earnings Pressure Stock To Key Level

Freeport-McMoRan (FCX) reported earnings this morning and saw its stock dip lower out of the gate. The low for the day was 19.55, which is very close to an important price level that active investors should put on their radar. Here are a few take aways: The flip from resistance to support at the 19.50ish area. It’s an area active investors can trade against. Today’s lows for FCX mark a test

S&P 500 Nears All Time Highs: Chart Implications

As I type, the S&P 500 is within one point of its all time highs set back in February. The question now is whether we will see a new leg higher that leaves this choppy consolidation behind? Or will the choppiness persist, limiting the move? Here is a chart showing the break above the upper wedge line around 2107. This lead to the quick move higher to test the S&P

Are Crude Oil Prices Ready To Trend Higher? [VIDEO]

Nearly 4 months ago, I wrote a research post on the state of the Crude Oil prices. Here’s a excerpt from that post: “Consider also watching for price and momentum to be in unison. If you miss the initial entry, a pullback on an intraday basis can offer another opportunity. When all trends line up on a daily and intraday basis, the probability of it continuing in trend is more likely.”