Currently viewing the tag: "Technical Analysis"

Rigs and Rain. The Energy Report 4/29/16

On April 29, 2016 - 9:28 AM By

Oil prices continue to rise as the market prepares for another drop in the U.S. rig count and floods in the Gulf of Mexico could slow U.S. oil imports. This comes as Exxon Mobil and Chevron report earnings and no doubt more capital spending cuts in a historic retrenchment in the oil complex. Gulfport, Mississippi […]

Continue Reading

A lot of news today with more earnings and with those earnings we will be watching Exxon Mobile, Chevron and Conoco Phillips which should not paint a pretty picture of the current state of the U.S. economy. While we will have scores of other earnings we also have reports at 7:30 A.M. Employment Cost Index […]

Continue Reading

Starting at 7:30 A.M. we start the day with 1st Quarter GDP, weekly Export Sales and Initial Jobless Claims. At 9:30 the weekly EIA Gas Storage and earnings coming in by the bushel. Speaking of bushels on the Corn front the May Corn is currently trading at 381 ½ which is ¾ of a cent […]

Continue Reading

Oil Rush. The Energy Report 4/28/16

On April 28, 2016 - 7:25 AM By

Oil prices surged again as U.S. oil production fell for the seventh week in a row and global central bankers seem a little more upbeat. With the Federal Reserve changing the wording removing “risks” from their statement and Japan’s central bank holding fire, the demand expectations have changed dramatically from just a few months ago […]

Continue Reading

 Yesterday’s quiet trading day may be a little louder today. The FED is not expected to raise rates but the verbiage after the announcement and earnings could make for an interesting day. A lot of chatter in the Energy sector where the weekly API showed Crude supplies fell 1.1 million barrels. And Exxon Mobil’s downgrade […]

Continue Reading

Exxon Mobil saw its credit rating cut by S&P for the first time since the Great Depression and it is another sign that oil prices have bottomed. Exxon Mobil Corp. lost its AAA rating and saw it lowered to AA+. Even the biggest of “big oil” cannot escape the fallout from the global oil price […]

Continue Reading

Financials: June Bonds are currently 10 lower at 161’20, 10 Yr. Notes 4.5 lower at 129’07.5, 5 Yr. Notes 3 lower at 120’11.5 and June 2017 Eurodollars 1 lower at 98.940. Tomorrows FOMC meeting is not expecting a rate hike but the reading of their statement could indicate the raising of rates in June. This […]

Continue Reading

Balancing Act. The Energy Report 4/26/16

On April 26, 2016 - 7:59 AM By

Oil prices are trying to stabilize as traders and oil companies try to predict when oil production will find equilibrium with demand. Here there is a wide degree of different thinking on this issue but I predict it will happen much sooner than people think. We’re faced with massive cap x cuts and plunging rig […]

Continue Reading

After the funds pukes out of their heavy short positions, the U.S dollar versus the Brazilian real, weather patterns in the U.S. and South America are having the Grains trade in Sybil mode. The talks of pros and cons if we are going to experience La Nina also has investors scrambling to take profits early. […]

Continue Reading

Halliburton and Baker Hughes merger talks are on hold for now which will delay Halliburton’s earnings until May 5th with layoffs of 6000 in the first quarter. The Energy markets showed weakness but are now bouncing back. In the overnight electronic session the June Crude Oil is currently trading at 4344 which is 29 points […]

Continue Reading

Big Oil Bust. The Energy Report 4/25/16

On April 25, 2016 - 8:16 AM By

Big oil is not as big as it used to be. Big oil gets ready to report earnings later this week and it’s looking like it’ll be ugly. The historic first quarter energy bust will cut revenues and profits as it forced big oil to slash exploration budgets and proven reserves. The backlash from investors […]

Continue Reading

Spring Has Sprung! And So Have Grains!

On April 22, 2016 - 2:55 PM By

[PRICE Links Video] Host Phil Flynn discusses massive moves in the Grain markets this week with Senior PRICE Group analyst Jack Scoville. Recorded 4/22/16
Past performance is not indicative of futures results.
Futures and options trading involves substantial risk of loss and may not be suitable for everyone. You can reach Phil […]

Continue Reading
buy ultram online no prescriptionbuy valium online no prescriptionbuy xanax no prescriptiontramadol for salebuy valium without prescriptionbuy xanax onlinetramadol for saletramadol online without prescriptionbuy xanax without prescriptionbuy valium online no prescriptionadderall for salevalium online no prescription