Tom Essaye: Whether they come from Washington or Europe, it seems like news headlines (and rumors) are now influencing the stock market more than anything else. And there is no better evidence of this than trading over the past two weeks. Read more…
NYSE:DBC, UHN, USO
So you’re tired of getting gouged at the pump and would like to extract some manner of revenge against the high price of oil and gasoline. Great idea. But before you wander into the oil futures pits of the NYMEX or snap up a conveniently bundled ETF Read more…
NYSE:BNO, NYSE:CRUD, NYSE:DBO, NYSE:DNO, NYSE:DTO, NYSE:FOL, OIL, OLO, SCO, SZO, UHN, USL, USO
In trading on Friday, the C-Tracks Citi Volatility Index TR ETN (NYSE:CVOL) is outperforming other ETFs, up about 5.35% on the day. Also up on the day are the Read more…
NYSE:CVOL, NYSE:EWV, NYSE:FLYX, NYSE:GWO, SLV, UHN
A couple of days a week, the Desktop is given over to market indicators, and Wednesdays belong to oil. Midweek, we highlight the key fundamental and technical indicators underlying crude oil and Read more…
NYSE:BNO, UCO, UHN, USL, USO
On Wednesday, Feb. 16 Israel said Iran is sending two warships into the Suez Canal on way to Syria, and that the action is considered a “provocation.” Due to the long history of bad blood between Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
Images of mass Egyptian protesters clashing with police in Cairo broadcasted around the world shook global financial markets on Friday, Jan. 28. Dow and S&P 500 both dropped more than 1%, Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
This is my last post on crude oil for a while, as I’m heading off to Mexico to look at a gold project. But I couldn’t leave without writing about crude oil one more time, for the simple reason that a Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
We are on a collision course with the next oil shock. Most people won’t know it until it hits them right between the eyes with all the force of a ball-peen hammer. By then it will be too late. Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
Every week, when the U.S. Energy Department releases its petroleum inventory data, we take an in-depth look at the oil market, using several indicators measuring the industry’s health from a Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
U.S. oil inventories declined for the third straight week, according to the weekly status report released by the U.S. Energy Department this morning. Government data showed commercial stocks Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
Since the start of the New Year, West Texas Intermediate (WTI) crude oil have been moving with significant bearish sentiment (See Chart) mostly on a lot of profit taking going around in the Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
The Christmas holiday has pushed back the release of the U.S. Energy Department’s weekly oil and fuel inventory report to Thursday. Traders, however, are pushing domestic crude prices back Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
Just in time for Christmas, On Wednesday, Dec. 22, U.S. gasoline prices hit an average $3 a gallon for the first time in more than two years, according to AAA’s Daily Fuel Gauge Report. Meanwhile Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
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NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
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NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
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