Used car prices have recorded…
The semiconductor foundry industry is…
Just in case you are living under a rock and missed it, on Wednesday the new Fed chair, Janet Yellen, gave her first press conference following a rate decision. Fed…
It’s been a tough winter, and not just because of the weather. The markets have given us opportunity but it’s been a barbed-wire wrapped one: Big moves down have looked…
March crude oil futures rose to even for the year, erasing all of the loss from the December 31, 2013 close at $98.55. Positive U.S. economic data, stabilizing equity markets…
Crude oil futures surged this week as traders appeared to be unfazed by a few of the traditional fundamentals that should have curtailed the upside action. This week,…
After two weeks of consolidation, March crude oil futures surged to the upside, changing the main trend to up on the daily chart, but making a little more than a…
The head of an Iranian committee on foreign investment said reaching an agreement on nuclear issues will encourage oil companies to take another look at Iran. Iran's new face on…
February crude oil consolidated on the weekly chart last week, suggesting the market may be poised for another short-covering rally. Based on the short-term range of $100.75 to $91.24, traders…
Sometimes I regret being an energy focused trader, because frankly, nothing much has been happening to make an energy trader happy -- crude prices have been range bound, stocks have…
After the sell-off in crude oil the week-ending January 3, one would have thought that technically oversold trading conditions would have triggered the start of a short-covering rally. In addition,…
February crude oil futures sold off sharply the week-ending January 2. The selling pressure drove the market through a December bottom at $96.52, turning the main trend to down on…
February crude oil futures fluctuated between gains and losses this week as investors reacted to the latest economic reports and the U.S. Federal Reserve’s decision to begin reducing its monthly…
February Crude Oil futures rallied for a second consecutive week, however, the weak follow-through to the upside indicates that the move was most likely triggered by short-covering rather than new…
Brazil’s state-run Petrobras oil company hailed a small victory last week when the government allowed it to raise fuel prices, but this was tempered by a sharp drop in share…
The technical picture for January Crude Highly has drastically improved since we wrote last week when the market was pressing $91.77. At that time, downside momentum and selling pressure were…
There is something awfully similar between black crude oil and black magic; both are equally incomprehensible to the uninitiated and only insiders understand how it really works. How…
The technical picture for January Crude Oil futures turned gloomy during this holiday week. After three weeks of consolidation, the inability to garner enough upside momentum to drive the market…
Happy days are here again: The outpouring of joy at seeing gas prices marginally lower coming into Thanksgiving this year has the oil watchers all aglow – but I am…
After several weeks of consolidation, January crude oil closed in a position to breakout to the upside, as talks between Iran and six other nations to curb Tehran’s nuclear program…
January crude oil futures reached a five-month low this week, however, oversold conditions and technical support points stopped the slide, putting the market in a position to post a potentially…
December crude oil futures rose this week, driven higher by oversold technical conditions, uncertainty over the Fed’s timing of its plans to taper monetary stimulus and a smaller-than expected rise…