I have made the point in these pages several times that sometimes, for a trader, square is the best position. There is often a feeling…
This week saw the first of the major multinational, diversified energy companies reporting earnings for the first calendar quarter of 2016. As expected, they have…
Ask most people, even those who follow the energy markets pretty closely, who is the world’s largest independent oil exploration and production company and I…
In a forex dealing room, where I got my start and my training, talking your book is a time honored tradition. In its simplest form…
Monday will mark the start of earnings season, the three week period during which the majority of S&P 500 companies report revenue and EPS for…
There is nothing I like more than when a big picture, fundamental narrative and a technical setup collide. Each can be reasons to initiate a…
Mention the word “coal” to most investors without the word “short” attached in some way and they, understandable and usually rightly, run as fast as…
If the last few weeks in the commodity markets have proved one thing it is that the strongest fundamental influence on pricing in those markets…
In case it escaped your attention, Mario Draghi, the ECB President, announced a package of measures yesterday designed to stimulate the lagging Euro zone economies.…
Over my time writing here I think I have established certain things. One of them is that I don’t have a lot of time for…
We, as human beings, love to look for order. We have a problem accepting that not everything falls into neat patterns, so we go back,…
Most people who study energy markets believe that, at some point, oil will recover, at least partially. Not even the most bullish observers see $110/Barrel…
With all of the focus on the price of oil over the last few months the gyrations in the price of the other product from…
It has been another wild week for those of us that track and trade the oil market. It started with a two day decline of…
For those who like to trade in the energy markets the last few weeks have been marked by one word: volatility. With 4 or 5…
It is hard to escape the feeling that, at some point, oil will bounce back. The dramatic yet sustained decline in WTI suggests to those…
When markets correct dramatically, as stocks have done since the beginning of the year, the cynical trader side of me comes out in force. I…
The last year or so have been, to say the least, painful for long term oil investors but, as I have said before, for traders…
Conventional wisdom would have it that 2015 was a disastrous year for oil and other energy industry related stocks. Certainly for those that have a…
Newcomers to financial markets could be forgiven for not knowing this, as we haven’t seen a rate hike in the U.S. for nine years, but…