5 Chart Reasons For A Bounce In Oil Stocks Earlier today, we put up a post revealing that total assets in Rydex energy sector funds…
Tagged $USO
Where Will Spill In Oil Prices Be Contained?
The ongoing drop in oil prices accelerated in the past 2 days with the decision by OPEC not to cut production. With Light Sweet Crude…
Dubai: Another Desert Storm Brewing?
First off, this post has nothing to do with any military operations. It is one, a comment on our view of the Dubai stock market…
Smart Money Decreases Crude Oil Shorts By Record Amount
On July 3, our Chart Of The Day showed the net positioning in Light Sweet Crude Oil futures among the various groups tracked by the CFTC.…
Record spike in Crude Volatility Index may bring a bounce in oil
With the recent carnage in global equity markets, the bludgeoning taking place in the crude oil market has flown somewhat under the radar, at least…
XOP: It is…The Most Interesting Chart In The World
It is forming a potential short-term head-and-shoulders pattern with a neckline at $73. It once set 2 major long-term highs at $73. It sits on…
Commodity Spotlight: Oil Ready To Stop Getting Drilled? On July 23, we pointed out several layers of resistance faced by the United States Oil Fund,…
Updates & Accountability Check
It seems to be the case on financial social media — and perhaps media in general — that the half-life of a post, tweet, story,…
Commodity Spotlight: Besieged CRB Index At Key Level
After a strong performance in the 1st half of the year, the Reuters-Jefferies CRB Index has been under significant pressure lately. It is down 8% in…
Commodity Spotlight: United States Oil Fund $USO: At Multiple Resistance Level ~38.35 The United States Oil Fund ($USO) is currently hitting an area representing multiples…