Daily Shot on US profit contraction, Crude Oil & more
Daily Shot Brief, April 21 Just a reminder, you may want to bookmark and keep an eye on this excellent daily info dump. Below are a couple of items from…
Daily Shot Brief, April 21 Just a reminder, you may want to bookmark and keep an eye on this excellent daily info dump. Below are a couple of items from…
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 569's Commodities segment. The gap…
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 by the headlines, told which…
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 should be no surprise. You…
For me - and NFTRH in general - Energy has been an 'avoid' all year. Currently, XLE is on a daily chart breakdown that it tried and failed to remedy…
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 the gold websites; with the…
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 Saudis did not decide to…
[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 per this NFTRH monthly chart…
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 promoters amplified by the media…
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 to sound serious would tell…
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 break above the 55 area…
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 all, as I go down…
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 premium subscribers would no longer…
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 similar situation, with its lower…