Spot Oil on 30-minute chart had a slow rise in the past 24 hours followed by a pause and then a
jump on the Israeli retaliation strikes into Iran. Middle East oil shipping in the Red Sea and
Persian Gulf are at risk and shipping insurance for ongoing shipments is likely to experience
heavy rate increases if shipping does occur. Houthi rebels may resume proxy...
FSM is on a 30-minute chart. The trade idea is that FMS suffers in drops in spot sliver but
thrives when spot silver rises as its fixed expenses in mining allow for increases in margin
in a curvilinear fashion when spot silver rises. This is more so than a senior miner such as FCX
that moves slower when metal prices rise or fall. I see the quick geopolitical...
CME: E-Mini S&P 500 Options ( CME_MINI:ES1! )
On March 24th, I published a trade idea, “Buckle Your Seatbelt for a Market Correction”, where I suggested that the US stock market was due for a major correction. Buying a Put contract on CME E-Mini S&P 500 Futures would be a trade to express this market view.
How is this trade panning out?
• On March 24th, the...
Fundamentals & Sentiment
WTI:
In general, there are global drivers for oil demand, amongst them is supply curbs from OPEC. More recently geopolitical risks in Middle east create bias for oil upside.
USD: The dollar has been overbought according to CFTC reports. The risk of BoJ intervention is still there, so it's better not buy dollars anyhow as long as USDJPY...
On Thursday January 11th ( earlier today) WTI Crude prices gyrated widely
likely in reaction to US /UK intervention on the terrorists who seized a tanker on the behalf of
Iraq in the Red Sea / Suez Canal area putting shipping and supply concerns into the oil industry
to offset any weak demand. The 15 minute chart shows a megaphone pattern as a...
YANG on a 240 minute chart had a reverse head and shoulders pattern last summer. Price rose
over the neckline in November and hit an increased trend angle at that time. With a set of
VWAP bands anchored to the neckline cross, TANG had pulled back twice to the mean VWAP
where it found support, the latter of which was this past week. While price is currently...
The US Energy Department has announced open bids for oil contracts to replenish the
national strategic reserve which was depleted during the prior run up on global oil prices.
This is a sure sign that the feds think that spot oil has but in a bottom especially in the context
of shipping disruptions and higher insurance costs due to terrorism /piracy in the...
The December Crude oil contract has endured a precipitous drop in the past three trading sessions - falling nearly $7 per barrel. Is this just a correction? Are we in the midst of a trend change?
The Bullish Case:
Crude gapped higher on Monday, October 9th, following the start of the conflict between Hammas and Israel, and the geopolitical risk surrounding...
CME: Micro S&P 500 ( CME_MINI:MES1! ), CBOT: Micro Dow Jones ( CBOT_MINI:MYM1! )
In the last two stories, I discussed how the prices of crude oil, a strategic energy commodity, and gold, a safe-haven asset, could soar at wartime.
Extended reading: “Would the Middle East Conflict Push Gold and Oil Prices Higher?”
Extended reading: “MCO: Options Strategy to...
Shining bright and sizzling hot, gold has surged 8% over the past two weeks. Ample supply of geopolitical shocks from violence in the Middle East to ongoing Russia-Ukraine conflict has been driving gold high.
This paper examines the drivers supporting the gold rally and prevailing bullish & bearish factors. It posits two hypothetical trades to astutely position...
- The most recent conflict on the Middle East between Israel and Palestine(Hamas)
has caused TVC:GOLD and Brent Crude Oil (futures) ICEEUR:BRN1! price to jump 4% .
This increase risk on Geo-Political spectrum is messing up with our Short in ICEEUR:BRN1! .
Short Call idea was shared on bingX copy-trade community where 2.000 people saw the Short trade...
On the 4H Chart, SOYB has moved above both tthe near and intermediate term POC lines
of the respective volume profiles. Upward price volatility above the running mean
on the relative volatility indicator. In confluence pric emoved above the mean basis
band of the double Bollinger band. Fundamentally, supply-demand imbalances including
the collapse of the...
Restrictive policy and geopolitical risks raise the odds of a global recession
What a difference a year makes. 2022 saw the ‘reopening’ of markets from the COVID pandemic evolve into a ‘recession’. Margaret Thatcher put it succinctly on 27 February 1981 – “The lesson is clear. Inflation devalues us all.” Monetary policy has been on the most pronounced tightening...
China is the world’s second-largest economy. If that doesn’t impress you, consider this: It has grown from a ragtag collection of state-owned firms to the world’s second-largest economy in just 35 years. China is now the world’s largest producer of goods, from smartphones to steel, autos to aircraft carriers. In 2017 alone, China produced almost as much output as...
Henry Clay was a US Senator from Kentucky, the Speaker of the House of Representatives, the US Secretary of State, and a Presidential candidate in the 1800s. His legacy and nickname were “The Great Compromiser” for his involvement with the Missouri Compromise, the Compromise Tariff of 1833, and the Compromise of 1850. As Henry Clay understood, any great compromise...
Wrote about this stock earlier today or yesterday.
Continued volatility within LNG should make commodity transporters like $GLOP skyrocket.
Large cup and handle and ascending triangle shows this name is getting ready for it's 15 minutes of fame.
