I was entertaining the idea of adding USO or some other crude oil related exposure this morning due to the chart of WTIC, per NFTRH
Tag: crude oil
Mega Oil Knee Jerk
It may well have some lasting effect since it was a substantial attack with real supply implications. But you are now being called to action
Crude Oil Hype Abounds
While the hype is aiding my position in Russia (ERUS) it is hype nonetheless. As for gold, well… that didn’t last long. Of course that
Precarious Energy Sector
For me – and NFTRH in general – Energy has been an ‘avoid’ all year. Currently, XLE is on a daily chart breakdown that it
Among the Crickets, Gold Bears Roam a Barren Landscape
In a post on Tuesday I claimed that all you could hear in the gold “community” were crickets. And that is largely the case at
“Oil Prices Getting Lower. Great!”
The tweet says it all. A problem with the president’s logic is that crude oil is part of the cyclical, risk ‘on’ macro amalgam. The
Cyclical Commodities Continue to Weaken, Gold Moves in Relation
[edit] Also see this post on inflation/deflation excerpted from NFTRH 525, hot off the presses. Crude Oil and Industrial Metals continue downward. This is significant
Positive Implications for Gold Miners if Crude Oil Breaks Down
It’s an over obsessed upon commodity, previously hyped for its (Hubbert’s) “peak” status by “experts” like T Boone Pickens and a whole clown show of
Hedgers Most Net Short Crude Oil Since, Well, Forever
Commercial hedgers are hitting new extremes in their net short positions even as WTI Crude targets higher levels off of what a TA who wants
WTI Crude Oil
WTIC has painted the greater commodity indexes with its bottoming pattern that we first identified last year. This month it is making a move to
Copper, Oil, Gold and US Stocks: Big Picture Status
Sometimes I like to trot these lumbering monthlies out so we can quiet everything down and see where various markets are slowly heading. First of
Crude Oil (public post)
I left the title of Tuesday’s NFTRH+ post (now unlocked) vague because if I blare everything out publicly I no longer have a business because
NFTRH+; A Commodity in a Short Setup
I am still short commodities (DBC, as noted at the site last week) pending the April high and commodity headliner crude oil is in a
The Technical Big Picture, Updated
Every once in a while I like to trot out the monthlies so we can refresh the big picture view. So, here they are on