Sign inRecent Commentaries tagged (natural-gas)
Chart Presentation: Visual Representation
We are going to concentrate on a couple of similarities to the post-1990 markets on the first two pages today. Below is a comparison between the U.S. 30-year T-Bond futures and the ratio between crude oil and natural gas futures from July of 1990 through December of 1991.One of our arguments in...
Energies Market Commentary
April crude oil closed down $0.56 at $80.31 a barrel yesterday. Prices closed near mid-range yesterday. Price pressure came from a stronger U.S. dollar and lower gold prices yesterday. Crude oil bulls still have the overall near-term technical advantage. The next upside price objective for the...
Nat Gas Testing Lows
Just a reminder, these charts are posted as examples of the trades on the nightly COT Signals email. These trades will help illustrate the mechanics that go into creating the nightly email.April Natural gas is testing its December 3rd low. However, as we've approached these levels, we've seen a...
Energies Market Commentary from Jim Wyckoff
ENERGIES April crude oil closed down $1.91 at $78.09 a barrel today. Prices closed nearer the session low today. A weaker U.S. jobs report, lower U.S. stock market and firmer U.S. dollar index helped to pressure crude oil today. Crude oil bulls still have the overall near-term technical...
Energy Market Analysis
March crude oil closed higher on Thursday and above the 62% retracement level of the January-February decline crossing at 78.75 as it extended the rally off this month's low. Today's rally was supported by reported outages at Buzzard oil field. The high-range close sets the stage for a steady to...
Chart Presentation: Gas and the 80-cent Canadian Dollar
Let’s get this out of the way first. Our expectation is that China’s construction boom is going to collapse as massive excess supply meets the reality of tighter credit. Our expectation is that raw materials prices are going to decline significantly along with long-term Treasury yields. Our...
Energies Market Commentary
March crude oil closed up $0.61 at $75.13 a barrel yesterday. Prices closed nearer the session high yesterday and were supported on more short covering and by a weaker U.S. dollar index and by rallying U.S. stock indexes. Crude prices are still in a four-week-old downtrend on the daily bar...
March crude oil closed down $4.03 at $72.95 a barrel today
ENERGIES March crude oil closed down $4.03 at $72.95 a barrel today. Prices closed nearer the session low today and hit a fresh nearly four-month low. Prices were pressured by falling stock indexes and a sharply higher U.S. dollar index. Some chart damage occurred today in crude, and more...
Cramer: EQT Corp. Could Triple
“…EQT is up a whopping 610% over the last 20 years, S&P is up 231%. I’m sorry, that’s truly incredible out-performance which is why I keep featuring these stocks. EQT is one of the lowest cost producers of natural gas out there. With total production costs of $2.30 per thousand cubic feet, an...
Cramer Stokes Another Natural Gas Stock
“Look at one of our key export companies, Ultra Petroleum. This one a bit of a laggard lately, up only 15% since we had on the CEO…Companies like Exxon recently validated our vision on this show. Second, the company has a average working interest of 50% in Wyoming’s Pinedale Anticline, which...
Energy Market Analysis
February crude oil closed down $0.20 at $79.45 a barrel yesterday. Prices closed near mid-range yesterday and closed at a fresh two-week low close. Crude oil bulls still have the overall near-term technical advantage, but are fading. The next upside price objective for the bulls is producing a...
Energy Market Commentary
February crude oil closed higher for the sixth day in a row on Wednesday as it extends the rally off this month's low. Tighter crude oil inventories were the primary factor behind today's strength in the crude oil market. The high-range close sets the stage for a steady to higher opening on...
Energy Market Commentary – 2009.12.16
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! CRUDE OIL MARKET FUNDAMENTALS: The crude oil market has given back a portion of yesterday’s gains in the...
Chart Presentation: Gold/Crude Oil
We have commented on occasion that almost all relationships that point to a bubble for asset prices have gold as the numerator. In other words... gold prices relative to most other asset classes are ‘high’. Below we show a comparison between the ratio of gold prices to crude oil futures prices...
Exxon and XTO: Big Oil Just Got Bigger
“Exxon-Mobil and XTO Energy. Exxon is buying XTO for $41 billion. A natural gas play and all stock deal, Exxon-Mobil the biggest percentage loser in the Dow, down 4%.” — Fox Business Network 12/14/2009 On Monday morning, Exxon Mobil (XOM) announced their largest acquisition since Mobil in...
