Gold Tops $4,100, Silver Near $53! Can the Midterm Rally Keep Running? | Metals Minute Phil Streible
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 781)Silver nuggets and ingot by Mike Maniatis via Shutterstock
Crude Oil Prices Plummet in Hopes of a Quick End to Iran War
December WTI crude oil (CLZ26 ) closed down -7.97 (-8.29%) on Wednesday, and December RBOB gasoline (RBZ26 ) closed down -0.2069 (-7.05%). Crude oil and gasoline prices plummeted on Wednesday, with Dec WTI crude oil falling to a 4-week low and gasoline dropping to a 7.75-month low. Crude prices ope
Cooler US Weather Forecasts Lift Nat-Gas Prices
December Nymex natural gas (NGZ26 ) closed up +0.064 (+2.21%) on Wednesday. Dec nat-gas prices settled higher on Wednesday as forecasts for cooler US autumn temperatures could potentially boost heating demand for nat-gas. The Commodity Weather Group said Wednesday that forecasts shifted cooler acro
The Relief Trade: Midterms Deliver Certainty, Markets Deliver Four All-Time Highs by John Salama, CMT
Wednesday’s midterm sweep delivers a decisive relief trade: 4 simultaneous all-time highs in XLF, XLP, XLV, and VTV as domestic cyclicals ripped, while crude collapsed 9% and VXX cratered 9% as the Iran war risk premium liquidated overnight. The vol surface tells the nuanced story; IV Rank at 19.9%
While Wall Street Is Obsessing Over Crude Oil Prices, I’m Staying Far Away. These 2 ETFs Show Why.
When I hear seemingly everyone on Wall Street picking the same market segments to buy, I immediately get skeptical.Stacked oil barrels by JONGHO SHIN via iStock
Don’t Get Caught in a Gas Bubble, But Cheniere Energy Stock Is Hot
Cheniere Energy (LNG) demonstrates strong price momentum, hitting an all-time high in October. Shares are up more than 40% over the past 52 weeks. LNG maintains a 100% technical “Buy” rating from Barchart. Wall Street sentiment is optimistic, with most analysts rating LNG a “Strong Buy.” Today’s Fe
Crude Oil Prices Slump as President Trump Downplays Escalation of US-Iran War
December WTI crude oil (CLZ26 ) is down -3.99 (-4.15%) today, and December RBOB gasoline (RBZ26 ) is down -0.1023 (-3.48%). Crude oil and gasoline prices are sharply lower today, with Dec WTI crude oil falling to a 3-week low and gasoline dropping to a 3-month low. Comments today from...2 pumpjacks
Crude Slips Back Below Its 20 Day as Nat Gas Sets a New Low and Bounces
Crude is sliding again, with December WTI back under its 20 day at $97.45 as physical supply loosens. December nat gas hit a new contract low at $2.84 before recovering to flat, with positioning still at a record short. Key levels and bias for both markets are inside.The index of oil up by Pashalgna
Silver to $52, Gold Above $4,000! Solar Rally Boosts Silver Demand? | Metals Minute Phil Streible
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 780)Silver dollar floating by Matthew Heinrichs via Pixabay
US-Iran Diplomacy Hopes Weigh on Crude Oil Prices
December WTI crude oil (CLZ26 ) closed down -0.37 (-0.38%) on Tuesday, and December RBOB gasoline (RBZ26 ) closed up +0.0354 (+1.22%). Crude oil and gasoline prices settled mixed on Tuesday, with Dec WTI crude oil falling to a 2-week low. Crude prices gave up an overnight advance and turned...Satell
Nat-Gas Prices Edge Higher as US Producers Reduce Output
December Nymex natural gas (NGZ26 ) closed up +0.039 (+1.37%) on Tuesday. Dec nat-gas prices edged higher on Tuesday as US producers reduced output in response to low prices, potentially limiting the buildup of storage ahead of the winter heating season, a sign of strong nat-gas demand. According t
If You Ride the TotalEnergies Stock Merry-Go-Round, Make Sure You Have an Exit Plan
TotalEnergies (TTE) is a top global integrated oil and gas company with strong technical and fundamental momentum. Shares are trading at a new all-time high and maintain a 100% “Buy” technical opinion. TTE is up more than 50% over the past year. I recommend a disciplined stop-loss approach, as conti
Interesting Observations
Even in the middle of market chaos, the charts may be telling a surprisingly simple story! Eugene demonstrates how connecting previous price lows can reveal technical patterns, showing how markets can remain within predictable boundaries despite sharp volatility and geopolitical uncertainty.2 pumpja
Crude Oil Prices Pressured by Diplomacy Push to End US-Iran Conflict
December WTI crude oil (CLZ26 ) is down -0.71 (-0.74%) today, and December RBOB gasoline (RBZ26 ) is up +0.0355 (+1.22%). Crude oil and gasoline prices are mixed today, with Dec WTI crude oil falling to a 2-week low. Crude prices gave up an overnight advance and turned lower today...Petroleum oil a
Crude Holds Its 20 Day Into Election Results as Nat Gas Retests Its Contract Low
Crude is steadying near its 20 day at $97.11 after Monday’s 7.4% drop, with election results due after the close. December nat gas retested its $2.85 contract low and held while positioning stays at a record short. Key levels and bias for both markets are inside.2 pumpjacks at sunset by vadimrysev v
Are Wall Street Analysts Predicting APA Corporation Stock Will Climb or Sink?
APA Corporation has significantly outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.Smartphone with logo of American petroleum company APA Corporation on screen in front of business website by Timon
Election Day Shakeout! Silver Below $50, Central Banks Buy Gold | Metals Minute Phil Streible
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 779)Liberty silver dollar by Tony Savino via iStock
What Might Markets Have Been Telling Us Monday Regarding Tuesday's Mid-Term Election?
I've said for decades markets tell us what we need to know. Maybe it's still true, maybe it isn't these days. What we do know is the stage is set for Tuesday.Image by ra2 studio via Shutterstock
Crude Oil Prices Plummet on Middle East Peace Hopes
December WTI crude oil (CLZ26 ) closed down -7.66 (-7.36%) on Monday, and December RBOB gasoline (RBZ26 ) closed down -0.2564 (-8.12%). Energy prices plunged on Monday, with Dec WTI crude oil falling to a 2-week low and Dec gasoline dropping to a 3-month nearest-futures low. Crude prices slumped Mo
Warm US Temps Undercut Nat-Gas Prices
December Nymex natural gas (NGZ26 ) closed down -0.042 (-1.45%) on Monday. Dec nat-gas prices settled lower on Monday, pressured by continued warm weather that is curbing heating demand for nat-gas. The Commodity Weather Group said Monday that forecasts are showing persistently above-normal tempera