Sign inRecent Commentaries tagged (crude)
Close Eye on the Continuous Commodity Index
Thursday, January 14--Jim Wyckoff's Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are weaker gold prices and a firmer U.S. dollar index. JIM'S MARKET THOUGHT OF THE DAY * Commodity traders, keep a close eye on the Continuous...
Jim Wyckoff's Morning Blog--Thursday
Thursday, December 31--Jim Wyckoff's Morning Web Log Note: I am working a limited schedule this week. My friend and fellow trader/analyst Ken Seehusen is producing my reports. Ken's style is different than mine, but I think you'll enjoy his style, too.--Jim The STOCK INDEXES & MARKETS The March...
Jim Wyckoff's Morning Blog--Thursday
Thursday, December 31--Jim Wyckoff's Morning Web Log Note: I am working a limited schedule this week. My friend and fellow trader/analyst Ken Seehusen is producing my reports. Ken's style is different than mine, but I think you'll enjoy his style, too.--Jim The STOCK INDEXES & MARKETS The March...
Crude Oil - Standing Aside - A Possible Correction, May Be Brief
Friday 23 October 2009 The range in weekly crude was small this week, and the close was about mid-range, not the strongest statement on a chart. The trend is up, however. The daily chart, shown below, has been moving laterally since Wednesday's wide-range rally bar. The volume for that...
Crude Oil - A Developing Story - One Told By The Market Itself
Monday 19 October 2009 The most reliable information is generated by the market itself, as it records all transactions in the form of price and volume. From the most experienced and informed to the least knowlegable and inexperienced, the "Tape" captures all of that activity. That is the...
Corrective Sentiments Emerge With Commodities as Currencies Remain Range-Bound
Greetings Everyone! The API/EIA Crude Inventories provide impetus for the November Contact to correct into significance, as well as "bleed out" into Gold with a high Correlation of Price on the Immediate-Term. Massive Rhetoric is emerging from many Fronts these past several days... Obama, the...
IntraDay Risk Appetite Back On The Table with Positive Data
Greetings, Everyone and nice to be back with you after a few days! While Data Points in general continue with the "manipulated" snippets of improvement ( OK... call me a Perma-Bear... but we all know Data is manipulated and skewed, so we must simply work with what we have...), Manufacturing...
Currencies Ignore Data while Commodities find Depreciation
Greetings, Everyone! With the relatively "positive" Data Points out of the U.S. as a whole... the Beta-Risk Units are simply anchoring themselves with Technicals, while Crude and Gold see Depreciation on the IntraDay View. The Canadian Dollar both in the Futures and OTC scenarios looks for...
The Crude Connection and The EUR/USD
Greetings again, Everyone! We have had some time to “digest” a significant portion of Bernanke’s Testimony on The Hill, as well as today’ EIA Crude Inventory Builds and we see our Crude/Equities/Euro Correlations functioning well from an IntraDay View. While in the “Trasditional” sense, The...
BoE Minutes May Give Additional Indication of Stimulus
Greetings Everyone, and Welcome to Wednesday! We prepare for the Bank of England Minutes to be released, as we look for any additional signs of increased Stimulus since they failed to do their “Allocated Increase” of 25B Sterling in additional Asset Purchases. The Markets will be especially...
Is Natural Gas the Most Undervalued Commodity? by Phil Streible
Natural gas is one of the most undervalued commodities in my opinion. Since the start of 2009, natural gas has pulled back about 40 percent. The main issues surrounding natural gas are oversupply and less demand. However, a decrease in the rig count (supply) and industrial production increases...
Crude Oil Put Fly
OPTION TRADE OF THE DAY! 4-15 Crude Range Trade- We see Crude running out of gas as it becomes range bound and are thinking that it will be trading somewhere between 43 and 53 dollars a barrel come the last week of June as the supply and demand levels reach an equilibrium. We like the trade as...
Option Trades for 3-26
July Crude Oil is trading neat the top of its range and unless there is some kind of drastic shift is supply or demand we should see the market drift back towards the bottom of its range over the next 60-90 days. We like the Put Fly which gives us limited risk as well as no margin requirement...
Daily Market Podcast Now Available
Lind Plus Senior Market Strategist Jeff Friedman is now offering a daily podcast for investors and traders looking for market commentary and trading ideas.The podcast will be available every morning. If you'd like to subscribe to the podcast through iTunes, so that you can hear it on your iPod...
Crude, Gasoline and Heating Oil Commentary - 2008.12.11
Below is a sample of our Daily Commentary. To get this comment, and our daily coverage of 15 additional markets and trade ideas, visit futures-research.com for your free 2 week trial! January crude oil has traded firmer overnight as the bull camp seems to be getting some early leverage from a...
