Posts Tagged ‘
Oil Price ’
Jan 26th, 2010 |
By Rob
Bernanke and the crew will get started bright and early behind the collasal locked mohagany doors of the FOMC board room Tuesday morning, while traders will ernestly focus on the information at hand. A slew of earnings from Ashland (ASH) (0.71 EPS est.), Corning (GLW) (0.42 EPS est.), Delta Airlines (DAL) (-0.24 EPS est), DuPont (DD)
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Posted in Market Synopsis |
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Tags: 10 year treasury, 2 year, 4 week, ASH, Ashland, bear market, bill, Case Shiller, commoditiy, Consumer Confidence, Corning, crude oil, DAL, DD, delta, DuPont, fast cash, fast profits, gains, GLW, Home price, Housing, inside edge, insider trading, losses, lower close, market, note, Oil Price, Price Index, profit, profit from commodities, profit from stocks, recession, S&P 500, Sherwin Williams, SHW, SPX, stock, technical pause, trader notes, trader's edge, trader's secrets, Treasury, WTI, WTIC
Jan 20th, 2010 |
By Rob
Supporting our highest conviction trade yet, we now see fundamentals, sentiment, and technicals aligned for a significant correction in Crude Oil prices. While DS partners already hold a position in DTO, we are moving to formally call a short term WTI Crude Continuous Spot price target at $70. Below we explain in detail our thesis
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Posted in Commodities, Energy, Industry Analysis, Market Synopsis, Trade Strategy, U.S. |
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Tags: $70 oil in 2010, 2010 oil forecast, bearish trend, bearish wedge, brent, commodity, crack spread, crude oil, crude strategy, crude supply, distillates, DTO, gas prices, gasoline, global crude oil demand, global crude oil supply, inventory, MACD bearish cross, market, market price, oil, Oil Price, oil strategy, profit, RSI, short crude, short oil, stochastic cross, Trade Strategy, USO, west texas intermediate, world demand, world supply, WTI
Jan 15th, 2010 |
By Rob
Crude Oil The oil issue has been speculative to this point. It's hard to argue against 90 dollar oil when we saw 145 in July 2008, but the fundamentals aren't congruent with the price growth we've seen and this trader finds it easier to argue FOR $60/ barrel oil. Crude supply in the U.S. remains
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Posted in Banking, Commodities, Energy, Industry Analysis, Market Synopsis, Soap Box, Trade Strategy, U.S. |
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Tags: BAC, cdo, consumer, crude oil, crude supply, DTO, fibonacci retracement, financials, GS, jpm, mbs, oil, Oil Price, SCC, SDS, SPX, SPY, USO
