Thursday, April 25, 2024
South American Oil Giant Gets Big Vote of Confidence: Options Recap

South American Oil Giant Gets Big Vote of Confidence: Options Recap

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Brazilian markets are running higher, and yesterday an investor placed a big vote of confidence in the nation's most important stock. A large put sale...

Oil Back Over $60 as Bearish Story Fades

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Oil crashed less than two months ago as bearish factors piled up. Now the process seems to be going into reverse. Crude oil futures (@CL)...

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...

Oil Leading Commodity Selloff as Tariffs Hit Sentiment

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Oil's crashing as supply-and-demand worries hammer commodity prices. Crude oil futures (@CL) are down 3.2 percent in afternoon trading. If the move holds, it will...
Solar ETF Shining as Rest of Market Dives Lower

Solar ETF Shining as Rest of Market Dives Lower

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The S&P 500 had its worst day in over a month, but one forgotten corner of the market was shining. The Invesco Solar Energy ETF...
Energy ETF Resumes its Losing Ways as Bears Return to Weakest Sector

Energy ETF Resumes its Losing Ways as Bears Return to Weakest Sector

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The bears may be coming back to energy stocks as oil falters. The SPDR Energy ETF (XLE) fell 2 percent yesterday to its lowest close...

Some of 2018’s IPOs Have Pulled Back As Uber Deal Approaches

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Initial public offerings (IPO) are taking a pause before Uber's (UBER) huge deal next month. That makes it good time to review some of...
Energy Bulls Still Looking for Oil Sands Breakout: Options Recap

Energy Bulls Still Looking for Oil Sands Breakout: Options Recap

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Options traders are targeting an obscure Canadian energy stock as oil pushes to its highest level in over four months. Check out the surging call...
Energy Bears Chase Downside in Ocean Driller: Options Recap

Energy Bears Chase Downside in Ocean Driller: Options Recap

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Someone seems to think the downside will continue in a debt-laden energy stock. McDermott (MDR), a provider of services like offshore drilling and engineering, has...

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...
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