***ROLL TO MAY FUTURES – FINAL DAY OF MARCH ANALYSIS It was a macro bloodbath yesterday as tech and credit markets continue to unwind massive bets. The credit and software sectors are imploding; throwing a wrench in the macro backdrop. in the macro space, we also have: an expanding yield...Stock cra
Crude oil has transitioned from a largely rotational 2025 into a more constructive 2026, with price holding above the 2026 yearly VWAP after spending much of last year chopping around prior value. The fourth quarter of 2025 was pressured by softer demand data and resilient supply, keeping the market
Thursday’s notes from the trade desk of Senior Market Strategist John Rowland, CMT.Bull and bear balanced on pencil_Image by Jack_the_sparow via Shutterstock
March WTI crude oil (CLH26 ) on Thursday closed down -1.79 (-2.77%), and March RBOB gasoline (RBH26 ) closed down -0.0630 (-3.18%). Crude oil and gasoline prices sold off sharply on Thursday, with gasoline falling to a 1-week low. The slight easing of US-Iran tensions sparked long liquidation in en
March Nymex natural gas (NGH26 ) on Thursday closed up by +0.044 (+1.41%). March nat-gas prices settled higher on Thursday due to an above-average decline in weekly nat-gas storage. The EIA reported Thursday that nat-gas inventories fell -249 bcf in the week ended February 6, a smaller decline than
NYMEX crude oil futures have moved steadily higher since the lows in mid-December, gaining more than $10 per barrel at their most recent high. Geopolitical risks in the Middle East have pushed the energy commodity higher, and higher highs could be on the horizon for seasonal reasons over the coming
March WTI crude oil (CLH26 ) today is down -1.19 (-1.83%), and March RBOB gasoline (RBH26 ) is down -0.0533 (-2.69%). Crude oil and gasoline prices are sharply lower today as the chances of a US attack on Iran eased. Also, mounting crude supplies in floating storage are undercutting oil...An oil ta
Yesterday’s NFP payrolls figure sparked a sharp reversal in risk-assets by mid-morning. Equities had shown outsized strength into, and through the release but ended the day lower. Treasuries posted similar price action, with longer term bonds posting a pump-fake break out before setting lower. Rate
March WTI crude oil (CLH26 ) on Wednesday closed up +0.67 (+1.05%), and March RBOB gasoline (RBH26 ) closed up +0.0197 (+1.01%). Crude oil and gasoline prices settled higher on Wednesday, with crude posting a 1.5-week high and gasoline posting a 2.75-month high. Escalating US-Iran tensions are unde
March Nymex natural gas (NGH26 ) on Wednesday closed up by +0.044 (+1.41%). March nat-gas prices recovered from a 4-week nearest-futures low on Wednesday and moved higher as short-covering emerged in anticipation of a greater-than-normal withdrawal of US nat-gas storage levels. The consensus is tha
March WTI crude oil (CLH26 ) today is up +1.28 (+2.00%), and March RBOB gasoline (RBH26 ) is up +0.0331 (+1.691%). Crude oil and gasoline prices are moving higher today, with crude posting a 1.5-week high and gasoline posting a 2.75-month high. Escalating US-Iran tensions are underpinning crude pri
Phillips 66 has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.Phillips 66 vintage sign- by BD Images via iStock
March WTI crude oil (CLH26 ) on Tuesday closed down -0.40 (-0.62%), and March RBOB gasoline (RBH26 ) closed down -0.0263 (-1.32%). Crude oil and gasoline prices settled lower on Tuesday after US retail sales in December unexpectedly stagnated, a sign of weakness in consumer spending that is bearish
March Nymex natural gas (NGH26 ) on Tuesday closed down by -0.023 (-0.73%). March nat-gas prices moved lower for a third session on Tuesday and posted a 4-week nearest-futures low. Forecasts of above-average US temperatures, which will reduce nat-gas heating demand, are weighing on prices. The Com
After trading above $7.80 per MMBtu in late January, natural gas prices have fallen to less than half that level in February. Seasonality over the coming months favors the downside for the volatile energy commodity.Natural gas close up burner by Freer Law via iStock
March WTI crude oil (CLH26 ) today is down -0.33 (-0.51%), and March RBOB gasoline (RBH26 ) is down -0.0195 (-0.98%). Crude oil and gasoline prices are under pressure today on energy demand concerns after US retail sales in December unexpectedly stagnated, a sign of weakness in consumer spending tha
Crude prices rallied yesterday after the US advised ships to avoid the Strait of Hormuz. Geopolitical risk continues to be the main driver of markets. Gasoline and diesel cracks have reached two month highs, and we saw record call option volume in Brent Crude yesterday. Significant Dollar weakness c
Alliant Energy has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.Alliant Energy Corp_ logo on phone-by IgorGolovniov via Shutterstock
FirstEnergy has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.Firstenergy Corp_ logo on phone and stock chart-by Piotr Swat via Shutterstock
March WTI crude oil (CLH26 ) on Monday closed up +0.81 (+1.27%), and March RBOB gasoline (RBH26 ) closed up +0.0323 (+1.65%). Crude oil and gasoline prices settled sharply higher on Monday, with gasoline posting a 2.5-month high. Monday's slump in the dollar index ($DXY ) to a 1-month low...The ind
