The last 72 hours have not been good for the prospects for the global economy, and therefore for the price of oil. On Thursday, the…
Tesla (TSLA) is a stock, indeed a company, that seems to produce extremes. Its fans, the so-called Tesleratis, will hear no criticism. They are true…
In some ways, this may seem like a strange time to be talking about renewable energy. The Trump administration is extremely pro-fossil fuel and have…
About a month ago, I wrote that while natural gas was bouncing after a big drop at that time, shorting when that retracement showed signs…
Exxon Mobil and Chevron released fourth quarter earnings this morning, and the market cheered. After a period of misses, this morning’s release was the second…
A basic review of the chart for oil futures (CL) suggests that crude is about to take off. Whether the next move from here is…
Surprise, surprise, Tesla (TSLA) is in the news this morning! There have, to this point, been very few things about Elon Musk’s electric car company…
There are some things in life that I find perpetually puzzling. It eludes me why anybody cares in the slightest about any of the Kardashians,…
Sustained market moves such as we have seen in stocks and oil over the last few months are never the result of one piece of…
Looking back over a period as long as a year may, to many traders, seem like a pointless exercise. One of the psychological traits needed…
I have been lucky enough in my life to have lived and worked in multiple countries around the world. That taught me many things, but…
Making any assumption about the price of oil right now is risky, or some might even say crazy. Still, with WTI having found at least…
As I write, the world’s leaders are meeting at the G20 summit in Argentina. There are, as always, lots of story lines surrounding the meeting,…
Usually, when a stock has jumped around fifty percent in five months and twenty percent in just the last week or so, I am looking…
“Feel” is a concept that, in analysis at least, doesn’t get the respect it deserves. We are all supposed to have only logical, analytical reasons…
Last week, I wrote that I expected a bounce in crude before long, and as WTI has continued to fall the trolls have had a…
WTI has recently experienced one of its biggest one-month declines in several years, having lost around eighteen percent since hitting a multi-year high of $76.90…
Out of context, it seems slightly ridiculous, but many trading decisions come down to what I refer to as the “magic number” theory. Whether said…
Traders and investors know better than most that timing is everything. What defines the success or failure of a trade is usually not necessarily where…
Just in case you didn’t notice, stocks lost ground yesterday, and the reason du jour was a surge in interest rates. The yield on the…