Every year, threads emerge that can be used to tell the story of the U.S. economy, and therefore the financial markets. For me, one of the most interesting and consistent threads is the movement and pace of energy prices. West Texas Intermediate (WTI) crude, which acts as the benchmark for oil produced throughout North America […]
Read MoreThe market’s rough start to 2023 has kept a lot of stocks plumbing new, historical lows. See stocks on the low side of their historical movements is something that makes the typical, growth-oriented investor nervous. The longer that condition lasts, and an actual bear market is maintained, the more it tends to flush most of […]
Read MoreEvery year, threads emerge that can be used to tell the story of the U.S. economy, and therefore the financial markets. For me, one of the most interesting, consistent threads is the pace and level of energy prices. West Texas Intermediate (WTI) crude, which acts as the benchmark for oil produced throughout North America started […]
Read More(Bloomberg) — Oil took over from natural gas as the leading fuel for power plants in New England, a significant switch that signals how the grid is desperately trying to keep the lights on in the face of a winter massive storm. The six-state grid relied on oil for at least a third of its […]
Read MoreMarket conditions are Bullish in a Bear Market as of 2022-11-21. This means traders and investors should consider trading with a Neutral or Bullish bias by buying stocks and setting tight stops. The rank of the Bear Market is -18.01 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read More(Bloomberg) — No fuel is more essential to the global economy than diesel. It powers trucks, buses, ships and trains. It drives machinery for construction, manufacturing and farming. It’s burned for heating homes. And with the high price of natural gas, in some places it’s also being used to generate power. Within the next few […]
Read More(Bloomberg) — Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks, creating a regional glut of the fuel. Gas in an area of the vast Permian known as Waha was trading for as little as 20 cents to 70 cents per million British thermal […]
Read MoreThroughout 2022, the biggest storyline in the marketplace may be the pace of inflation. It’s been reflected in rising prices across the board all the way to the consumer level. One of the places it has been most clearly seen is the price of crude. West Texas Intermediate (WTI) crude, which acts as the benchmark […]
Read MoreFor most of 2022, supply shortages, along with increasing energy demand have been pushing the prices of energy products, including crude oil and natural gas to levels not seen since 2014. Oil prices have softened over the last month or so, but energy commodity prices in general remain at levels not seen since 2014. The […]
Read MoreThroughout 2022, one of the biggest storylines in the marketplace has been the pace of inflation. It’s been reflected in rising prices across the board all the way to the consumer level. One of the places it has been most clearly seen is the price of crude. West Texas Intermediate (WTI) crude, which acts as […]
Read MoreThroughout 2022, one of the biggest storylines in the marketplace has been the pace of inflation. It’s been reflected in rising prices across the board all the way to the consumer level, and one of the places it has been most clearly seen is the price of crude. West Texas Intermediate (WTI) crude, which acts […]
Read More(Bloomberg) — One morning in early June, a fire broke out at an obscure facility in Texas that takes natural gas from US shale basins, chills it into a liquid and ships it overseas. It was extinguished in 40 minutes or so. No one was injured. It sounds like a story for the local press, […]
Read MoreFor most of 2022, supply shortages, along with increasing energy demand have been pushing the prices of energy products, including crude oil and natural gas to levels not seen since 2014. Even more support for those high prices has come since February as a result of the ongoing Russia-Ukraine war sends ripple effects on multiple […]
Read MoreVAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. EGY $7.4700 0.2700 % 3.7500 Vaalco Energy Inc Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend BUY UP UP Day: 3.75% Wk: 17.45% Mo: 14.22% Yrly: 170.65% YTD: 132.71% Strength Rank: 99 DIV%: […]
Read MoreFor most of 2022, supply shortages, along with increasing energy demand have been pushing the prices of energy products, including crude oil and natural gas to levels not seen since 2014. Even more support for those high prices has come since February as Russia’s invasion of Ukraine has forced the West to impose harsh economic […]
Read More