Jim Hyerczyk

Latest articles from Jim

• Relentless Selling Pressure In The Oil Markets

  Published 07 August 2015 | viewed 4,462 times

  September Crude Oil futures reached a new low for the year this week as persistent oversupply issues continued to feed the bear market. There appears…

• Shift In Production May Herald A Price Bottom

  Published 31 July 2015 | viewed 4,846 times

  September Crude Oil(Click Image To Enlarge)Although September Crude Oil futures are set to finish the month sharply lower, the market is in a position to…

• Downtrend Too Strong To Pick A Bottom For Now

  Published 24 July 2015 | viewed 4,712 times

  September Crude Oil futures finished the week sharply lower and at a new low for the year. Let’s look at the numbers.Oil lost a little…

• Mixed Signals Have Oil Traders On Edge

  Published 17 July 2015 | viewed 4,533 times

  Last week’s report ended with a call for a sideways trade with the crude oil market holding between $55.33 and $50.95. September Crude Oil futures…

• Oil Outlook Rests On Two Sinking Ships

  Published 10 July 2015 | viewed 4,374 times

  Bearish fundamental factors lined up this week to fuel a sharp break by September Crude Oil futures. The week began with Greek citizens voting “no”…

• Short-Sellers Beware This Coming Week

  Published 03 July 2015 | viewed 5,642 times

  August Crude Oil futures finished lower last week for a number of reasons. The market started the week under pressure and never looked back. The…

• Downside Bias Emerging In Crude Futures

  Published 26 June 2015 | viewed 4,591 times

  August crude oil futures are set to finish the week lower after an earlier rally failed to draw enough long interest to drive the market…

• Slowing Production May Hold Prices In Range

  Published 19 June 2015 | viewed 4,278 times

  After reaching its highest level in three weeks and posting a higher close the week-ending June 12, August Crude Oil futures posted an inside move…

• Price Action Suggests Bullish Investor Sentiment

  Published 12 June 2015 | viewed 4,361 times

  The price action by August Crude Oil futures is once again suggesting a balanced market. The low to high price action for the week suggests…

• OPEC Meeting Looms Large Over Oil Markets

  Published 05 June 2015 | viewed 4,136 times

  Crude OilWorries about OPEC’s latest production decision due on June 5 overrode the potential bullishness of this week’s U.S. Energy Information Administration report. The EIA…

• OPEC Meeting Could Be Straw That Breaks Oil Markets’ Back

  Published 29 May 2015 | viewed 6,157 times

  The selling pressure started early this week as crude oil traders reacted to last Friday’s data from Baker Hughes that showed only one oil rig…

• Expect Back And Forth Price Action Until June 5th

  Published 22 May 2015 | viewed 4,321 times

  July Crude Oil futures have drifted sideways-to-lower since its May 6 top at $63.62 despite three consecutive weekly drawdowns in inventory. Drawdowns have even taken…

• Rally’s Fate Could Hang On EIA Inventory Data Next Week

  Published 15 May 2015 | viewed 4,203 times

  Despite the previous week’s potentially bearish chart pattern, July Crude Oil futures managed to trade higher most of the week. The key number which held…

• Investors Should Sell Weakness For The Time Being

  Published 08 May 2015 | viewed 3,778 times

  June Crude Oil futures rallied earlier this week, taking out the psychological $60.00 level in the process. The rally was triggered by a price hike…

• Crude Futures Holding Firm On Supply Drawdowns

  Published 30 April 2015 | viewed 4,408 times

  Crude Oil OutlookJune Crude Oil futures remained firm last week as the market flirted with the psychological $60.00 price level. The market was supported by…

• Trend Should Remain Up Despite Trader Indecision

  Published 24 April 2015 | viewed 3,896 times

  June Crude Oil futures posted an inside move last week. This reflected trader indecision or that traders are waiting for fresh information. There was very…

• Investor Sentiment Could Be Shifting

  Published 17 April 2015 | viewed 4,335 times

  A drop in U.S. crude oil production helped drive futures prices higher this week. There is even evidence of renewed hedging in the deferred futures…

• Markets Setting Up For A Major Short Squeeze

  Published 10 April 2015 | viewed 4,521 times

    Last week, crude oil futures bucked the trend and defied the bearish fundamentals to put them in a position to finish higher for the…

• News Continues To Stoke Oil Market Volatility

  Published 03 April 2015 | viewed 4,612 times

  Despite another week of increased inventories and the possibility that Iran will agree to a nuclear deal, May Crude Oil futures posted an inside move…

• Extent Of Rally Depends On Saudi Assault

  Published 30 March 2015 | viewed 3,775 times

  The spike in May NYMEX Crude Oil futures during the pre-market trading session on Wednesday night (Eastern Time) came as a surprise to many traders…