How Low Crude Oil Prices Could Bury These Countries (USO, UNG, XLE, UCO, SCO)
Jonathan Yates: As crude oil prices fall far below $100 a barrel, the trend is affecting the most oil-dependent economies in the world. Read more…
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Jonathan Yates: As crude oil prices fall far below $100 a barrel, the trend is affecting the most oil-dependent economies in the world. Read more…
Dominique de Kevelioc de Bailleul: In Max Keiser’s Friday edition of On the Edge, veteran mainstream-journalist-gone-straight Greg Hunter of USAWatchdog.com posited an interesting endgame scenario to a failed globalist agenda of financial consolidation Read more…
Sy Harding: Global markets have rallied for two weeks, which has investor hopes high that the rally marks the end of the market correction that began in March. Read more…
Ben Gersten: Oil prices sank to their lowest level in eight months Wednesday and the trend continues. Crude oil for August delivery fell yesterday (Thursday) below the $80 line to $78.20 a barrel on the New York Mercantile Exchange. Read more…
Toby Connor: June has been the month of major bottoms. Stocks and gold have already formed major yearly cycle lows. Now it’s the CRB’s turn to put in a major three year cycle bottom. This bottom will almost certainly form well above the 2009 low Read more…
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…
Toby Connor: It is time to do quick recap of the big picture view, which is unfolding pretty much as I expected. Read more…
Sean Brodrick: OPEC is meeting today in Vienna. And boy, does this group have a lot to talk about. That’s because the price of U.S.-benchmark West Texas Intermediate crude is down about 25% since hitting a 10-month high of $110.55 a barrel back in March. Read more…
Dominique de Kevelioc de Bailleul: “Buy. Real. Assets. Now!” That strong suggestion, from the highly-trafficked website to which investors go for their daily dose of critical analysis of daily economic Read more…
Larry D. Spears: Crude oil prices have been hammered of late. The cost of oil fell 21.8% between May 1 and June 1 – from $106.50 to $83.23 a barrel – the sharpest monthly drop since December 2008. Read more…
Thomas Carreno: If the U.S. Oil ETF (NYSEARCA:USO) can manage to close much higher today above 31.67 then I think it would help to confirm the chance that the USO has made a bottom here. But this is a tough call in this zone. The USO has Read more…
Eric Dutram: As the European debt crisis has intensified in recent weeks and months, many investors have sought to exit the common currency bloc for other European nations that do not use the euro. Generally speaking, this has resulted in many investors Read more…
Przemyslaw Radomski: We have all seen the newspapers headlines about the troubles in Greece, Spain, Portugal, Ireland and the entire eurozone. The situation in the U.S. is not much better, even if the press is ignoring it for the moment. In both blocks there is high debt Read more…
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…
Jared Cummans: Commodity investing has surged in recent years, as investors have discovered the diversification benefits associated with low-correlated hard asset exposure in their portfolios. But with commodity investing also come the dangers of contango, as a number of traders fall prey Read more…
NYSE:DGAZ, NYSE:GASZ, NYSE:SCO, NYSE:UNG, NYSE:USO, NYSE:ZSL
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