Crude Oil poised to reverse

Crude Oil had a good rally last week. WTIC rallied off December low of USD35.13 to reach an intra-day high of USD50 ... commodities, Crude Oil's downtrend seems to be intact (see Chart 1 below).Chart 1: WTIC's daily chart ... on a reversal in Crude Oil prices. When this finally happens, Oil stocks would likely to receive a big boost. [more...]

Date: 2009-01-12 01:45:00

Blog posts (9) | Videos (2)
 

Oil Breaks Below $38; Bespoke's Commodity Snapshot

The amazing fall in oil continued this morning, with the commodity falling below $40, $39, and $38 ... . Oil1218   Below we highlight our trading range charts of ten major commodities.  The green ... , and moves above this shading are considered overbought or oversold.  Most commodities have staged rallies [more...]

Date: 2008-12-18 15:18:11

Bespoke's Commodity Snapshot

Below we highlight our trading range charts of ten major commodities.  The green shading represents two standard deviations above and below the commodity's 50-day moving average.  As shown, oil continues its epic collapse along with most other commodities.  Natural [more...]

Date: 2008-12-04 21:01:01

Atlanta Real Estate Recovery

Recession is Official: Let’s Chart the Recovery Post 1 of 3 in the Atlanta Real Estate Recovery series (energy, housing, credit) ... a higher demand for all commodities: Oil, Metals, etc. So as oil prices grew at staggering rates, speculation began to take place in the form of long positions on oil futures that pushed the price [more...]

Date: 2008-12-08 12:00:31

The New Commodity Bull

Just when the central banks of the world are deluding themselves with the idea that inflation is under control, commodity prices are surging much higher once again.Soybeans (other grains have similar charts) - up 30% over the past monthCrude Oil - up 40% in 7 trading sessions. Crude has touched $50/barrel [more...]

Date: 2009-01-06 11:14:00

Oil Under $60 and Gasoline Approaching $2/Gallon. Gas Guzzlers Set for a Comeback?

Commodities markets are on an even wilder roller-coaster ride than the stock market and crude oil is leading the retreat ... . The AP reports that Thursday’s hit of inter-day low of $54.67 / barrel and closed at $58.24. That there is almost 2/3rds down from the summer’s near $150 peak. TFC Commodity Charts publishes ... [more...]

Date: 2008-11-14 12:21:02

Oil recouples

Basic supply and demand economics maintain that as prices fall, demand increases, but to what extent? The effect on oil, for one, will be negligible, according to the commodities team at Merrill Lynch ... growth -- also becoming a negative number (see the charts below).... [more...]

Date: 2008-11-25 10:43:27

Tuesday Trades

The long T-bond trade seems to go bust much like the short oil trade did earlier today and Friday. I have a very tight stop on my TLT position ... at the charts my sense is that money is rotating into the inflation trade with Agriculture and Commodity [more...]

Date: 2009-01-06 05:09:02

Crude Oil Dips Beneath $70

Who would have expected such a headline on Crude Oil just five or so months ago?! ... on Wednesday.  Let’s look at the weekly and daily charts to see how this happened and what might ... to give a boost to prices, or at least stave off some of the rampant selling in the commodity [more...]

Date: 2008-10-22 15:38:49

9 Results