This Isn’t The Stock Market You Imagined: Welcome To 2016
As they say, history often rhymes... But it rarely repeats. Or at least in the way that we imagine.
That's not to say that looking...
S&P 500 Futures Clinging To Key Support; Battle Lines Drawn
Yesterday was an aggressive day of range-bound trading that left traders battling at lines of major congestion between 1902 – 1907 on S&P 500 futures.
With...
Crude Oil Futures Rally After Rout; S&P 500 Futures Struggle
Steep reversals yesterday and a test of lower support levels on the S&P 500 futures charts leave stocks somewhat vulnerable to selling this morning....
Where Is The Crude Oil Rally Headed Next?
Crude oil futures are volatile enough on a normal day, but with rumors of a Russia/OPEC February meeting to discuss production cuts, it’s really volatile...
Have Gasoline Prices Bottomed? Watch This Chart Pattern
Over the past 18 months or so, investors have seen the energy market implode. Gasoline futures have correlated pretty well with Crude Oil in...
A Bottom In Oil Prices But Perhaps Not “The” Bottom
With oil prices bouncing nearly 20% off of last Wednesday's lows, many are once again asking whether or not the bottom in Oil is...
Following The Energy Sector (XLE) With Ratio Analysis
I want to take a moment to share a few charts that followed the Energy Sector's ($XLE) decline and seemed to highlight where the...
Crude Oil Declines Into Major Fibonacci Price Target, Rallies
Crude oil futures prices dipped below $27 per barrel last week before recovering with a late week rally that recaptured the psychological level of $30.
That...
Crude Oil Prices Reverse Course: Is A Bottom Taking Shape?
The waterfall in crude oil prices has been relentless. Oil prices have declined by the largest amount over an 18 month period ever. Wow,...
S&P 500 Futures Heavy: Crude Oil Drags Markets Lower
Earnings season continues and the futures markets don't seem to care. Beyond a promising pre-market here or there, S&P 500 futures buyers hold little hope...