Oil and Gas Sector ETF (XOP) and Stocks Continue Bullish Trading
After pausing at the initial MOB target band, the XOP had an impulsive bullish move above that zone.
This, to me, signals a strong lack...
$XOP Oil and Gas Exploration & Production ETF Bullish Buy Signal
I remain long (bullish) the Oil and Gas Exploration ETF (XOP) and believe that the current pause is a bullish consolidation.
Furthermore, I also believe...
U.S. Oil Reserves Drop to 40 Year Lows
On June 12th, Goldman Sachs came out stating how bearish they are on oil.
I wrote a Daily about it on June 20th:
Bearish at the Bottom-Institutions...
What A Healthy Correction in Energy Stocks Looks Like
An interesting article based on cycles and commodities versus stocks suggests that over the past 90 years, stocks have outperformed commodities by 4 to...
Bearish at the Bottom: Why Institutions Are Wrong On Crude Oil
Crude Oil Futures
On June 12th, Goldman Sachs came out with this:
Goldman Sachs has slashed its forecast for oil prices by nearly 10%, citing weak demand in...
US Oil Fund ETF (USO): Technical and Fundamental Analysis
USO, US Oil Fund the ETF, invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline,...
Is Crude Oil About To Send An Important Global Message?
The past 12 years have seen some really big swings in the price of crude oil. And the latest swing higher into 2022 played...
Another Market Collapsing
The real reaction to Wednesday’s Federal Reserve meeting is likely to happen Thursday.
All eyes and ears were on Chairman Jerome Powell today. Most notable...
Crude Oil At Crossroads, Next Move To Impact Inflation
Inflation concerns peaked last year when agriculture and oil prices peaked.
This year has seen inflation fears subside as key price inputs fall.
BUT investors should...
New Treasury Bonds Bull Market? Don’t Bet On It
Persistent inflation has dogged the Federal Reserve for the past 12-18 months, leading to higher interest rates.
But rates have fallen more recently as investors...
