An article yesterday in the UK’s Independent newspaper by Robert Fisk claimed that “In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading.” It set off an immediate firestorm of response and attacks on Fisk’s credibility (one [...]
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
United States Oil Fund LP (ETF) (NYSE) - daily- watching to see if this bear flag breaks, or holds near 34
United States Oil Fund LP (ETF) (NYSE) - 30 min- trying to move toward top of bear flag and gap at 35- back above 5daySMA
United States [...]
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
United States Oil Fund LP (ETF) (NYSE) - daily- possible bear flag on bearish volume pattern following big break below trend line
United States Oil Fund LP (ETF) (NYSE) – weekly- broke uptrend line from Feb. on good volume- 38.2%FIb and 40wkSMA next support
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First it was Business Week. Then President Obama. Now it is Federal Reserve Chairman Ben Bernanke. Speaking before a group of bankers this past weekend in Jackson Hole [...]
Based on the feedback we have been receiving over the past few weeks regarding our weekly newsletter, we are changing the format of the BHBGroupTrader Market Spread Report. First, the capital markets comment will contain four sections, each pertaining to a different complex in the futures asset class: macroeconomic/equity, currency, interest rate, and commodity. Second, please note that in the ideas section, I will include only recommendations applicable to the futures market.
Who Will Win the Race to Develop the Arctic?
In this week’s article for Energy and Capital, I review some of the challenges that face Arctic oil and gas development as reported by speakers at the Offshore Technology Conference 2009.
Last week, I summarized the new USGS report on the undiscovered oil and gas resources of the [...]
I usually try to write original posts, but now and again there’ll be posts from other sites that I’d like to bring to your attention, especially for the newer traders. Ft.com’s Alphaville blog posted this great “look under the hood” of the UNG Natural Gas ETF and the crisis this ETF is experiencing. ETFs are [...]
Is There A Bonanza Waiting At the North Pole?
For my Energy and Capital article this week, I summarize a new USGS report on the potential undiscovered oil and gas resources of the Arctic Circle.
One way to know that the end of the Age of Oil will soon be upon us is the current excitement and [...]
Oil has had one heck of a rally in May. There are so many cross currents going underneath this market, one could come up with enough reasons to be short this rally. However the market will outlast your capital and it’s best to check your ego at the door and trade the tape. Ben Bittrolff [...]
For my Energy and Capital article this week, I explain the fundamentals of peak oil and oil prices, to help cleantech investors understand how oil affects the investment outlook for renewable energy.
What Cleantech Investors Need to Know About Oil Prices
The future price of oil is a vitally important consideration for cleantech and renewable energy investors. [...]