Tag "crude oil"

Stock Market Futures Trading Update: Watch Those Divergences!

Market Outlook for January 16, 2018  The S&P 500 and broad market indices are seeing some bullish continuation after the long holiday weekend. However, there is some technical divergence playing out. Buying on pullbacks provides the least risk today. Note that you can access today’s economic calendar with a full rundown of releases….

Crude Oil: Large Speculators Most Net Long Ever

The following chart and data highlight non-commercial commodity futures trading positions as of January 9, 2017. This data was released with the January 12 COT Report (Commitment of Traders). Note that these charts also appeared on my blog. The chart below look at non-commercial futures trading positions for crude oil. For the week,…

Stock Market Futures Trading Outlook For January 11

Stock market futures are pushing slightly higher in early trade as buyers continue to show demand. That said, we are at a juncture that requires discipline and focus from traders. See today’s trading commentary and price levels below. S&P 500 Futures BUYERS ARE IN CLEAR CONTROL AS CHARTS PRESS HIGHER….

Economic Spotlight: Rising Oil Prices & Treasury Yields Concerning

CONSUMER WATCH: Below I present a chart showing a potentially deadly duo for the economy and consumers… At least if the current trend doesn’t slow. The chart below looks at the average rise in Crude Oil prices and 10 Year Treasury Yields plotted against US recessions. A combined average rise…

Stock Market Futures Trading Outlook For January 11

Stocks are headed higher on Thursday morning as traders look to retest this week’s highs into the holiday weekend. See my trading commentary and key price levels for S&P 500 futures, Nasdaq futures, and Crude Oil. S&P 500 Futures Support holds higher near 2742.  Short trades still be swift but…

Stock Market Trading Outlook For January 10, 2018

The major stock market indices are trading lower this morning as yesterday’s mini reversal follows through. Value buyers should show up at lower levels, but it is the retests that we will watch to determine the character of this pullback. S&P 500 Futures Trading Considerations For January 10, 2018 True…

Macro To Micro Trading Update: Market Themes & Insights

Note that this post went out to my “Gone Fishing” newsletter subscribers this weekend.  You can subscribe here.   Reflections and Inflections The Bloomberg Commodity Index started the year by setting a fresh record for consecutive gains, pushing it up more than 4% over the past month. This helped bring the US 10-year…

S&P 500 Futures Trading Update: Time For A Breather

The broader stock market futures indices have stalled out at new highs made Sunday night. Stocks should find support at lower levels. S&P 500 Trading Considerations For January 8, 2018  As mentioned, I suspect value buyers will come in to participate at less elevated prices once more, so I am looking…

2018 Investment Outlook: Avoiding The Consensus

The following outlook provides our investment thoughts for the coming year – 2018. We did not include specific recommended asset allocation weightings for the major asset classes, as that offering is a part of our premium services. Nonetheless, the analysis and commentary below is in-depth and we hope will be…