3 Reasons Oil Prices Are Gushing (USO, UCO, XLE, ERY, ERX, SCO)
Diane Alter: Oil prices have taken a backseat lately to the turmoil in Europe and Obamacare. But investors and consumers are starting to take notice again. Read more…
Archive
Archive for the ‘NYSE:ERY’ Category
Crude Oil Market: A Perfect Bear Storm Despite The Euro Pop (USO, UCO, XLE, ERY, ERX, SCO)
EconMatters: Crude oil prices, along with world stocks, surged on Friday after euro zone leaders reached an accord on directly recapitalizing regional banks as well as measures to cut soaring borrowing costs in Italy and Spain. Brent crude jumped more than Read more…
Oil Price Differentials: Caught Between The Sands and The Pipelines (USO, ERY, ERX, XLE, SCO, UCO)
Marin Katusa: One of oil’s most important characteristics is its fungibility, which means that a barrel of refined oil from Texas is equivalent to one from Saudi Arabia or Nigeria or anywhere else in the world. The global oil machine is built upon this premise Read more…
Direxion Announces Modifications To 8 ETFs (BGU, BGZ, MWJ, MWN, TYH, TYP, ERX, ERY)
Direxion, a leader in alternative investment solutions, announces changes to the benchmark indices of eight leveraged and inverse exchange-traded funds (ETFs), along with other changes. The modifications will take effect on or about June 29, 2012. Read more…
NYSE:BGU, NYSE:BGZ, NYSE:ERX, NYSE:ERY, NYSE:MWJ, NYSE:MWN, NYSE:TYH, NYSE:TYP
Oil Trade: The Direxion Energy Bull 3X ETF Bullish Butterfly Pattern (ERX, ERY, USO, DBO)
Thomas Carreno: The Direxion Energy Bull 3X Shares ETF (NYSEARCA:ERX) looks like it is almost done completing an important bullish butterfly pattern. If the pattern is valid then we should see price showing final bottom action right now between the 30.06 and 34.42 range. Read more…
Oil Forecast: Why Oil Prices Will Continue To Climb and End The Year Higher (USO, DBO, ERY, ERX, XLE)
Larry D. Spears: Forecasts for oil prices in the second half of 2012 and on into 2013 are varied, but there’s one point on which virtually all agree: Oil prices won’t be going down. Read more…
Getting A Handle On The Long-Term Oil Trade (USO, DBO, ERY, ERX, XLE)
Richard Rittorno: WTI crude oil has been back on the rebound after traders received the U.S. API report reflecting the largest inventory drawdown in seven weeks. Money flowing back out of the U.S. dollar as a safe haven also helps to send WTI higher.On days like this, traders in any market have to take Read more…
Oil ETF Investing: This Oil ETF Is Crushing Competition (CRUD, USO, DBO, ERX, ERY, XLE)
Michael Johnston: For advisors utilizing ETFs in client portfolios, the details matter. Whether it be the difference in product structure, weighting methodology, or degree of currency exposure, Read more…
Bearish Trend Looming For Oil Prices (BNO, USO, CEO, ERY, ERX, DBO)
Simon Watkins: Crude oil on NYMEX continues to trade near its lowest level since December 22 as U.S. crude stockpiles increase on slack domestic economic growth, with yesterday’s U.S. Read more…
Iran: How Middle Eastern Woes Will Impact Crude Oil (USO, XOM, DBO, ERY, ERX)
Jared Cummans: Crude oil is arguably the most widely-traded commodity on the market and it is also one of the most significant. Much of the past year saw crude sway violently back in forth much like general equities, but oil prices have recently been enjoying a nice upward momentum that began in early Read more…
Crude Oil Continues It’s Surge Upward (USO, ERY, ERX, DIG, DUG)
Richard Rittorno: European shares and U.S. markets are climbing higher after China post healthy trade number, putting markets on a positive territory to a broad based recovery. The renewed risk appetite is helping growth sensitive commodities including crude oil. Read more…
ETF BASIC NEWS, NYSE:DIG, NYSE:DUG, NYSE:ERX, NYSE:ERY, NYSE:USO
Prepare For Iran’s Energy Market Chaos With The United States Oil ETF (USO, OIH, ERX, ERY, XLE)
Jack Barnes: Iran kicked off the New Year with aggressive messages for the Western world, setting the stage for heightened political tensions and a huge oil price push in 2012. Read more…
Is A War Imminent In Straits Of Hormuz? $200 A Barrel Oil? (USO, UCO, ERY, ERX, DIG, DUG)
John Daly: The pieces and policies for potential conflict in the Persian Gulf are seemingly drawing inexorably together. Since 24 December the Iranian Navy has been holding its ten-day Velayat 90 naval exercises, covering an area in the Arabian Sea stretching from east of the Strait of Hormuz entrance to Read more…
Oil Prices: Should Investors Be Worried About The Iran Situation? (USO, OIH, ERY, ERX, XLE)
David Zeiler: If the Iranian government makes good on its recent threats to stop oil (NYSEARCA:USO) shipments through the Strait of Hormuz, oil prices would shoot up $20 to $30 a barrel within hours and the price of gasoline in the United States would rise by $1 a gallon. Read more…
Jim Letourneau: Renewed Faith In Oil and Gas (UNG, XLE, ERY, OIH, USO, ERX)
Brian Sylvester: According to Jim Letourneau, author of the Big Picture Speculator, oil and gas aren’t going away any time soon. Indeed, new technologies offer the industry and investors profitable opportunities. Read more about why Letourneau considers shale gas, shale oil and enhanced oil Read more…
Most Comments