Oil & Natural Gas

Global Market Trends: 5 Charts Investors Need To Watch

Today I want to share 5 macro technical charts that bear importance here for the broader markets. In my chart review, I sift through individual commodities, currencies, bonds, and sectors, as well as the rest of the major indexes and benchmarks. This chart review strictly looks at technical price developments.  Even if…

S&P 500 Futures Trading Outlook For December 7

Stock Market Outlook for December 7, 2016 – Though the S&P 500 (INDEXSP:.INX) is creeping higher, it is doing so under lighter volume. As I said yesterday, a lighter news flow may keep the stock market range bound into next week’s FOMC announcement. The line in the sand for buyers today…

Energy Sector (XLE) “Running” Into Price Resistance

The Energy Sector (NYSEARCA:XLE) has been hot of late for investors. The bulls have taken control and driven prices higher into December. But there may be reason to turn cautious here over the near-term. Is a pullback for the energy sector on the horizon? Timeframes are always important when defining…

Natural Gas Technical Analysis & Weather Outlook For December

Natural Gas Technical Analysis Prompt-month Natural Gas held the $2.52 support level in mid-November then rocketed to fresh 2-year highs above $3.50 last week. The January contract has not surpassed its October highs in the $3.60s, however. It now finds itself at a point of resistance from two main chart…

S&P 500 Futures Trading Outlook For November 30

Stock Market Outlook for November 30, 2016 – Stock market futures charts look poised to expand as S&P 500 futures held price support near 2198 for a couple of days. S&P 500 futures are now holding just above price resistance as news sits slightly bullish all around. Pullbacks on the S&P 500 (INDEXSP:.INX) should…

S&P 500 Futures Trading Outlook For November 29

Stock Market Futures Outlook for November 29, 2016 – Tuesday begins with a muted move to the north. S&P 500 futures are currently holding just above price support near 2199 – 2197.   I suspect we test that support level again yet we should remain bound by 2209 (overhead price resistance). Traders continue…

5 Oil Refinery Stocks That May Be Bottoming

Donald Trump has vowed on Day One to cancel some restrictions on energy production, but we don’t quite know what that means yet. He has also said he would reignite (forgive the pun) the Keystone Pipeline. Not only is this contentious, but these policies could add oil supply to the…

S&P 500 Futures Trading Outlook For November 23

S&P 500 Outlook for November 23, 2016 – The holiday grind continues with most of the traders participating looking for key stock market support levels to hold. Selling pressure remains constant just above 2200 on the S&P 500().  That said, buyers continue to push support levels higher. The range of motion…

S&P 500 Futures Trading Outlook For November 17

Stock Market Outlook November 17, 2016 – For a second day, the S&P 500 (INDEXSP:.INX) knocked on the doors of chart resistance only to fail at the highs. My suspicion is that higher highs will not hold today, even if we make them. The line in the sand for buying…

S&P 500 Futures Trading Outlook For November 15

Stock Market Outlook – Futures Trading November 15, 2016 The S&P 500 (INDEXSP:.INX) is consolidating. A wedge is quietly building on short time frames on the S&P 500 futures chart. Market momentum is slipping into a neutral formation. I suspect we chop around the range as the White House continues…