Oil & Natural Gas

Emerging Markets Trading Setups: ETFs In Mean Reversion

The Emerging Markets space has been an interesting one. All hopes of a rally last summer were dashed by a soaring US Dollar. But 2015 has been a different story, seeing what investors believed to be a relief rally, turn into an extended rally when the dollar began to crack…

Trading Journal: Long-Term Insights on Crude Oil’s Slippery Slope

Light Sweet Crude Oil (CL) continues to struggle at finding a solid footing beneath $80 as Wednesday’s move up from $76.50 to around $79 after the EIA’s 1000ET report of lower-than-expected inventories has mostly faded throughout early trading Thursday. Shorter-term, Crude Oil and Energy plowing through a massive disconnect that will…

There Will Be Blood: Will Energy Or Crude Oil Blink First?

Despite the ever-present assurances to the contrary from Developed Market equities over the last few weeks, there’s always a bear market somewhere. Look no further than Light Sweet Crude Oil (CL), off another -2.75% today, ostensibly due to Saudi Price Cuts intended to increase competitiveness versus US Shale.  That brings Crude’s…

Investors: Why Crude Oil Prices May Dictate Market Action

The U.S. equities market sputters along, and despite global uncertainty in Asia and now the crisis in the Ukraine, the trend is still up.  Turning to Crude Oil, the market’s reliable truth serum, may offer us a better vantage point on the health of demand in the global economy. The weekly…

Crude Oil Spikes, Spills but Up-Trend Remains Intact

WTI Crude Oil (CL) opened the week trading aggressively higher, reflexively spurred through $104/bbl as traders responded to derivative supply concerns in the wake of the appearance of escalating conflict between Russia and Ukraine.  Monday’s sharp thrust higher crossed a key horizontal resistance level, placing CL in the $104-$108 congestion…

Crude Oil Set To Rally Past $100 Price Level?

Crude Oil prices have been operating like an offense that’s consistently trying to set up the play-action pass. On two separate occasions, Crude Oil was on the brink of a deeper correction, clinging to the key $92 support level. Each time, Oil prices found a way to turn things around…

RBOB Gasoline & Crude Oil Rallying Into Year End

Back in November, I posted about the interesting bottoming action in Gasoline prices and what that could potentially mean for a bottom in Crude Oil (CL_F), and possible Crude Oil rally. Since then, Oil has put in a bottom and rallied as high as 99.40 this past week. Does Gasoline…

$92 Crude Oil Support Level Remains Important

As we’ve chronicled in several articles over the past two months, the $92 Crude Oil support level remains important to bulls.  In the beginning stages of Crude’s slide, I highlighted this level as it marked the 18 month uptrend support line. And sure enough, this level stalled Crude’s slide in…

Will Gasoline Rally Lead Crude Oil Prices Higher?

Crude oil prices have been declining for the better part of two months now. In fact, we’ve had a down move of about 17% from its high tick of 112.24 (in August) to its low tick of 92.43 this past week. Crude Oil has definitely been out of favor, but…