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Energy Archives | Elliott Wave Analytics

  • Weekend Reading: Oil & Retail Send A Warning
    By on July 10, 2017 | No Comments  Comments
    There are two important areas of the market that have historically been good leading indicators of the strength, or weakness, of the markets and the economy. Oil and retail. Currently, both areas are sending warning signs that should not be readily dismissed. First, with respect to oil, the bounce i...
  • Crude Oil Sinks 20%: Why Oversupply Isn’t the H...
    By on June 29, 2017 | No Comments  Comments
    I have a friend… let’s call him Larry. Let’s just say, Larry is not a fan of taking risks. He likes his reflexes fast, his cars slow, and his financial markets secure for the long haul. So, when Larry called me up at the beginning of this year to say he’s boarding the highly-...
  • Weekend Reading: Oil Slick
    By on June 24, 2017 | No Comments  Comments
    Beginning in December of last year, following the announcement by OPEC of a cut in oil production, I have discussed the “headwinds” that persist against a sustained rise in oil prices. “The supply/demand dynamics currently suggest that oil prices and energy-related investments could find a lon...
  • Weekend Reading: Charged With Obstruction
    By on June 20, 2017 | No Comments  Comments
    No! I am not talking about President Trump but rather the crash in both Technology stocks, and Oil prices, which are obstructing the continuation of the “bull market.”  As I discussed this past Tuesday, the mini “flash crash” in Technology certainly woke investors up. “While there is cer...
  • The Headwinds To Higher Oil Prices
    By on May 27, 2017 | No Comments  Comments
    In late 2016, OPEC, along with the Russian’s and other countries, agreed to cut production in order to try and “balance” the supply/demand imbalance that drove oil prices to the low $30’s at the nadir of the oil price crash. As Brian Noble noted recently: “In the past couple of weeks, crud...
  • Technically Speaking: Is This The Bottom For Oil Pric...
    By on August 11, 2016 | No Comments  Comments
    In this past weekend’s newsletter, I reviewed the current state of the market and the problem for Janet Yellen holding off on hiking rates given the recent strength of employment data on the surface. I say on the surface, because if you dig just a little you will find the inherent problems as I ...
  • April 20-27 (Free Event): 50+ Global Markets. 100R...
    By on April 20, 2016 | No Comments  Comments
    Starting at 9 a.m. ET Wednesday, April 20, our friends at Elliott Wave International are “opening the doors” to their entire line of trader-focused Pro Services — free for 7 days — during: Pro Services Open House. EWI Pro Services bring you opportunity-rich, professional-grad...
  • Oil Market Shell Games
    By on May 1, 2015 | No Comments  Comments
    The old shell game of three shells and a pee where the viewer tries to guess under which shell the pee resides is often used to manipulate participants in order to take their money. Well the oil storage market is just about as shady as some guy on the corner trying to steal your money with deceptive...
  • Natural Gas Settles At 3-Year Lows
    By on April 29, 2015 | No Comments  Comments
    Crude oil has been the center of energy-related headlines since 2H14 when it started its dramatic ‘normalizatin’ process while everybody (us included) seems to have forgotten about natural gas.  So we thought we should give an update on natural gas as well. Market Watch reported that Ma...
  • Vehicle Miles Traveled: Our Evolving Behavior
    By on April 29, 2015 | No Comments  Comments
    The Department of Transportation’s Federal Highway Commission has released the latest report on Traffic Volume Trends, data through February. “Travel on all roads and streets changed by 2.8% (6.1 billion vehicle miles) for February 2015 as compared with February 2014.” The less vol...
  • US Oil Glut: How High Can It Go?
    By on April 24, 2015 | No Comments  Comments
    As expected, EIA on Wednesday reported for week ending April 17, U.S. crude-oil inventories gained 5.3 million barrels to 489 million barrels, which is still the highest in at least 80 years, according to the EIA. Looking closer at each PAD region, almost all the inventory adds occurred in Gulf Coas...
  • OPEC Going Broke, Dumping Dollars. Is That Good Or Ba...
    By on April 17, 2015 | No Comments  Comments
    When oil prices fell out of bed last winter there was much hand-wringing over the fate of the former beneficiaries of high-priced crude. Trillions of dollars of junk bonds issued by frackers, for instance, might default, oil field services companies could fail, and layoffs in the oil patch might swa...
  • On Energy Stocks
    By on April 10, 2015 | No Comments  Comments
    “If a deal is reached with Iran, the global oil glut could swell significantly within a year.”  Wall Street Journal, April 9, 2015 (http://www.wsj.com/articles/irans-strategic-petroleum-reversal-for-oil-markets-heard-on-the-street-1428599066?mod=djemheard_t) Cumberland Advisors remains at maxi...
  • The 5 Most Crowded Trades on Wall Street: Part III
    By on April 9, 2015 | No Comments  Comments
    This is part 3 of a 5-part market series by EconMatters.  Read Part 1 here, part 2 here The Utility Sector This crowded trade revolves around a common theme Central Bank Policy and its effects on financial markets. The third most crowded trade in our series is the Utility Sector Stocks. Investors h...
  • Thoughts On Whether Oil Prices Finally Bottomed?
    By on February 18, 2015 | No Comments  Comments
    The plunge in crude oil prices has certainly taken “center stage” as of late and a day doesn’t pass that a conversation is not had about the future of oil prices and subsequently oil-related investments. Is the decline in oil prices over? Have oil related investments put in a long-...
  • Oil Prices, Rig Count And The Economic Impact
    By on January 14, 2015 | No Comments  Comments
    A few years ago I spent a good deal of time overseas. When you travel for an extended period, it is always interesting to begin to understand the perception that people in other parts of the world have about where you come from. When I was living and working in Spain, it was a common misconception t...

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