For as much hype that was going into oil come 2011, the commodity has been somewhat of a bust early in this year. Considering that half my stocks to buy in 2011 have some connection to oil, you can figure out why my curiosity has me wondering what is going on with this black gold. [...]
Before we can think about the future, we must reflect on what happened in the market during 2010 and see if we can pick out any trends both new and/or old for 2011. Learning from the past is why we are taught history in school, right? Below is video summary of major events that took [...]
Crude oil has certainly had an interesting year. In today’s short video analysis, Adam examines the fact that crude oil briefly traded over $90 a barrel before falling back. So what made the crude oil market reverse course and fall back? Was it selling, was it profit taking, a technical point, or something else? Adam [...]
Ever since the gulf oil spill back in April, the sector has been nothing but terrible; however, it looks like things may be turning here. The US Oil Fund (USO) is a popular fund oil watchers like to follow. Right after the oil spill the fund dropped 10 points within a few weeks and has [...]
There are essentially 3 major factors traders are following right now – S&P 500, crude oil, and gold. Each have their own motives and reasons for moving and all are leaving traders confused on which way they are heading. In timely manner, Adam Hewison of MarketClub has put together 3 videos that look at each [...]
I generally don’t post anything on the weekends, but, since this story is gaining steam, I thought it would be interesting to see what companies are hurting from the recent oil spill out in the Gulf of Mexico. After all, 5,000 barrels of oil (and could be more) are being leaked into the open water. [...]
Given all the problems in the world, it is easy to see why the increase in the price of crude oil has gone basically unnoticed or ignored. Over the last year, the commodity has doubled in price. While that initial trend has tapered off, the technical indicators still favor a higher move for the black gold. As we [...]