Sunday, May 19, 2024

Crude oil may be stabilizing before OPEC

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Disclosure: This post is intended for educational purposes and should not be considered a trade recommendation. Energy may be stabilizing, even as OPEC prepares to...

Don’t Forget about Iranian Sanctions Early Monday

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President Trump's trade spat with China has gained a lot of attention this week, but don't forget U.S. sanctions on Iran take effect on...

Tracking the Bears in China

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Global economic and financial issues are back in the forefront. Turkey's been the main story in the last week, but today China has some...

Attention Returns to Oil as Iran Sanctions Loom

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Bullish sentiment seems to be growing in the energy market as Iranian sanctions take hold. U.S. WTI crude oil futures (@CL) are pushing the top...

S&P 500 Isn’t the Only Chart Hitting New Highs for 2019

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Stock indexes, along with crude oil, just closed at their highest levels of the year. Is it the top, or the start of another...

Greenback on the Brink as Fed Meeting and G20 Approach

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The U.S. dollar seems to be teetering before some events with the potential to drive it lower. The U.S. dollar index (@DX) has spent most...

Futures Trading Coach: This Is How Low Crude Oil May Fall

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Bearish technicals and fundamentals could spell more downside for oil. That's the view from John Hoagland at TopstepTrader. Crude-oil futures (@CL) may extend their...
Yesterday Was a Session for the Record Books

Yesterday Was a Session for the Record Books

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Just like that, volatility returned to the stock market yesterday. The S&P was on pace for its best gain in almost two months, and then...
Trade War Escalates as China and Trump Exchange Blows

Trade War Escalates as China and Trump Exchange Blows

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So much for a quiet Friday in August. The drama started early today when China slapped tariffs on $75 billion of U.S. goods. S&P 500...
Inverted Head & Shoulders Appearing Across the Market

Inverted Heads & Shoulders Appearing Across the Market

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A potentially bullish reversal pattern is appearing across the market: inverted heads and shoulders. This chart formation involves two higher lows on either side of...
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