For many investors, the word “trading” is a scary one. It conjures up images of somebody hunched over a keyboard for hours on end, with…
Over the last few month, the U.S. dollar index, after gaining ground to record highs immediately following the election, has been in a sustained decline…
For any trader, a perfect and clear chart pattern is a wonderful thing to behold. Even those like me who understand that technical and chart…
This morning, oilfield services giant Schlumberger (SLB) announced results for Q2 2017. SLB has dropped around twenty-five percent since the beginning of the year as…
Analysis of markets of any kind, stocks, bonds, currencies or commodities basically falls into one of two categories, fundamental and technical. In an ideal world…
Around three years ago, in June of 2014, oil began a spectacular collapse. After rising to the point where WTI was fetching over $100 a…
I come from a background where news is important. In the minutes preceding a scheduled major announcement of any kind, an eerie quiet would descend…
Those new to financial markets, and energy trading in particular, were probably somewhat puzzled by the price action in oil futures this week following the…
Those new to financial markets, and energy trading in particular, were probably somewhat puzzled by the price action in oil futures this week following the…
Regular readers will by now be aware that I have a preferred style of trading. It is essentially contrarian and I like to buy things…
When contributing to these pages I generally start from the assumption that anybody reading my ramblings is already an active trader, or at least a…
Commodity pricing is a complex thing, with a whole host of things affecting the price at which buyers and sellers transact, but almost all of…
Conventional wisdom among those that follow energy markets and oil in particular is that OPEC is not what it once was. For a few decades…
Conventional wisdom among those that follow energy markets and oil in particular is that OPEC is not what it once was. For a few decades…
A couple of weeks ago I opined in these very pages that WTI was essentially trading in a range created by sensitivity to its own…
There are many big differences between trading and investing from “inside” the market and doing so from “outside”. When you are sitting at a trading…
Basic economic theory would suggest that pricing of goods and commodities is pretty simple. It is a function of supply and demand. Reduced supply and/or…
Drawing conclusions about trading and investing based on the words of any politician is a dangerous game at the best of times, and the evidence…
Trade ideas usually come from one of two sources. Either they are fundamental or technical. Fundamental ideas reflect a change, or more often an expected…
Regular readers of my ramblings will be aware that I don’t believe that this drop in oil will be of any long term significance. It…