Oil & Natural Gas

S&P 500 Futures Trading Outlook For July 20

Outlook for July 20, 2016 – Stock market futures are heading higher this morning which should lead to a higher open for the S&P 500 Index (INDEXSP:.INX).  Earlier this week S&P 500 futures saw a few bounces fail before finally bouncing off lower support and rallying. It tested 2167.25 this morning, just shy…

CHART: Higher Oil Prices Trigger Oil Production Increase

The following was written by the Richardson GMP Asset Management Team. An interesting thing happened this week, total oil production rose for just the third time this year. The +0.68% oil production increase was the largest increase since last October. It’s not all that surprising; it’s simple economics. Higher prices…

S&P 500 Futures Trading Outlook For July 15

S&P 500 Futures Trading Outlook (high level) Let’s take a look at the broad market using S&P 500 futures (ES_F) – Friday morning’s subdued price action is setting up for a bigger move (with 2151 as support and 2159 as resistance). Breaches in either direction could expand as technical divergence…

Bullish On The Energy Sector (XLE)? Wait For Confirmation

The Energy Sector (NYSEARCA:XLE) looks primed for a breakout. Should this occur, it would have huge implications for energy stocks and related ETFs. Today we’ll look at the daily and weekly charts for the sector ETF (XLE). Are the bulls about to run? And will Crude Oil futures and other…

S&P 500 Futures Trading Outlook For June 24

S&P 500 Futures Trading Outlook for June 24, 2016  (ES_F) The EU Referendum (Brexit) surprised the market with a Britain vote to exit the EU. The currency markets are roiling as the British Pound falls in the wake of the news. And global stock markets are trading lower. S&P 500…

S&P 500 Futures Trading Outlook For June 21

S&P 500 Futures Trading Outlook for June 21, 2016 (ES_F) – In S&P 500 futures trading, the charts continue to bounce showing higher lows, and a push to resistance for a second day. For lunar and cycle folks, today is the summer solstice. We will see the most sunlight of the…

S&P 500 Futures Trading Outlook For June 20

S&P 500 Trading Outlook for June 20, 2016 (ES_F) – S&P 500 futures continue to bounce showing higher lows, and a push to resistance. Traders have settled into a presumed failure of the EU referendum for Britain leaving on Thursday. Volatility should be high this week, particularly currencies. Support levels…

S&P 500 Futures Trading Outlook For June 14

S&P 500 Futures Trading Outlook for June 14, 2016  (ES_F) Charts dipped yesterday and that dip has held as we begin Tuesday, and the FOMC meetings begin. As a reminder, all classes of options expire this week. This environment usually sends us into at least one day of big volatility….

Natural Gas Golden Cross: Should Traders Care?

Natural Gas traders are eyeing an event not seen since December 2013 – a natural gas golden cross. A golden cross is when the shorter-term 50-day moving average crosses above the longer-term 200-day moving average. The Energy Information Agency (EIA) provides daily Natural Gas pricing data going back to 1997….