Crude Oil Trader

Is Crude Oil Breaking Out?

If the crude oil bulls can't push this market through resistance at 73.16 soon, bears will have the advantage and all of the bullish momentum will evaporate. Bob Prechter's call for a near term bottom is getting talked around by a lot of commercial traders, and if it get's any traction we will trade to the cluster support at 58.32. Then the bulls can eye their $90 oil. But I don't see it until then.


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Fadel Gheit: Oil Prices to Remain Inflated but Don't Pass on Gas

Wouldn't it be nice to have real leadership in Washington right now. Articles like this make it sound like gas has no future. The U.S., the largest energy market in the world will be the judge of that. Now let's put some people to work on domestic gas projects. Just watch how low crude prices will stay to combat that. The only play "they" have ;]

Fadel Gheit: Oil Prices to Remain Inflated but Don't Pass on Gas

Yes, satchv2, exactly what I was thinking as I read this.


On Oct 10 08:23 AM satchv2 wrote:

> If gas in the Middle East has no value please explain this to UAE,
> Qatar , and Iran.
>
> Your simple statement does not do your analytical skills proud1

Natural Gas: Worst Investment Ever?

Retail investors that lack the understanding of NAV and contracts roll over have been eaten alive by UNG. Just look at the boards on Google Finance etc. But UNG has still been an amazing day trading tool if you know how to avoid the road blocks. Don't get stuck in this one, but use the welcomed volatility when it gets overbought and oversold.

Take a minute to watch Adam Hewison's call on gold > tinyurl.com/y8zgxu7 Worth the watch!

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How Much Natural Gas Remains in the USA?

Nobody can say how much in reserve we have. EIA info is based on outdated technology, so I would not put a lot into that. Regardless, we need to forge ahead with widespread "domestic" natural gas usage but be honest with ourselves that it only represents a "bridge fuel" to the future. We need some leadership out of Washington though, now that is a novel thought.

T. Boone is the real voice of reason when he says "we need it all"


Check out some Mega picks for Q4 > tinyurl.com/yas5lon

Why Gold, If Deflation Is the Threat?

Probably one of the most over looked aspects of the coming doom is that everything will fall, everything. Then the new world currency, crude oil, as well as gold and a few other commodities will sky rocket. Causing inflation that will become the final blow. Urbanization to follow.....or die.

Great post Rolfe!

Banking Sector: Worst Is Yet to Come

Great post Reggie. It's sad that the feds are determined to bring down all of the banks that acted responsibly with their "to big to fail" friends. Pay your FDIC dues 3 years in advance? Unbelievable.

I added you to my follow list, keep up the great work!

Apple Gets a Mapmaker, But Where Does that Leave Google?

Is a Divergence Building in Apple?

Let's go to the video > tinyurl.com/yb8dgd2

The Three C's of Commodity ETF Returns

Great post Brad, but since I am in Arizona I can't even visualize back yard barbecues ending this time of year. It's 102 here today, we can't even go out in it now! LOL

Seriously though, good work>

Sugar’s Sweet to ETN Investors

Agreed, just a pause in sugar. This will be a "super cycle" in sugar lasting for a matter of years, not months. Buy the dips!

Bank of America's Gain Is Taxpayers' Loss

Shameful. When the dust clears Bank of America will still be worth the same price it is worth today.......ZERO!

AIG Needs Dissolving

The government very well could throw AIG under the bus. It has served it's purpose, averting disaster at Goldman Sachs. That is the "only" reason they were saved.

Exxon Mobil Is a Buy

This is no time to suggest to retail investors to take long term positions in Exxon. Crude oil should go lower taking Exxon with it, I'll add to my XOM at crude oil $58 level.

China Natural Gas: Deeply Undervalued

Dividends? A company that pays high dividends is only proving that they do not know how to use capitol to grow a company.


On Sep 21 10:43 AM secmaven wrote:

> And the dividends paid by this utility are? Nothing. So all of
> our income here must come from the successful exploitation of the
> greater fool theory.

Infrastructure funds haven't turned out to be the panacea many predicted. The snag: a lack of debt funding. A record 94 funds were on the road in June seeking capital.

Yes, markets are setting up for the roll. Look at the commercial short positions. That's 50% of the market that is jumping ship on these names.