Category: Energy Resources
The analysis published under this category are as follows.
Saturday, July 25, 2020
Crude Oil and Energy Sets Up Near Major Resistance – Breakdown Pending / Commodities / Energy Resources
By: Chris_Vermeulen
Our research team believes Crude Oil and Energy, in general, has stalled near major resistance and maybe setting up a big downside move as the COVID-19 virus continues to roil regional and global economies.
The recent news that the COVID-19 virus cases have skyrocketed suggests further economic shutdowns may push oil prices below $35 ppb over the next few weeks and months. Our researchers believe Oil has already set up a resistance level near $42 and will begin to move lower as concerns about the economic recovery transition through expectations related to oil demand going forward. We believe the renewed global economic demand for oil will present a very real possibility that oil could collapse below $35 ppb over the next 30 days.
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Monday, March 09, 2020
Energy Complex Deflation Was All in the Charts / Commodities / Energy Resources
By: Rambus_Chartology
I promised you on Friday that I would take an in-depth look at the energy complex in the Weekend Report. If there is one sector to define the possible deflationary event we’ve been discussing for the last several months or so oil is probably the most important commodity of all. Eventually we’ll know the cause in no uncertain terms, but the charts have been suggesting for a long time now that something is afoot and we need to pay attention.
Lets start by looking at the UNG, natural gas fund, as it has been leading the way lower. This first chart is a 10 month daily look which shows a 6 point diamond consolidation pattern which at the time of its development I thought would probably be a reversal pattern to the upside as the price for natural gas was already so low. As you know I usually try to take one position on the initial breakout and a second position on the backtest. I missed the initial breakout and the backtest failed to reach the bottom rail of the diamond so I never got positioned. The other important feature on this chart is the blue bearish falling wedge which we know shows up in fast moving impulse moves.
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Friday, January 17, 2020
ERY Energy Bear Continues Basing Setup – Breakout Expected Near January 24th / Commodities / Energy Resources
By: Chris_Vermeulen
After watching Crude Oil fall from the $65 ppb level to the $58 ppb level (-10.7%) over the past few weeks, we still believe the energy sector is setting up for another great trade for skilled investors/traders.
We are all keenly aware that Winter is still here and that heating oil demands may continue to push certain energy prices higher. Yet Winter is also a time when people don’t travel as much and, overall, energy prices tend to weaken throughout Winter.
Over the past 37 years, the historical monthly breakdown for Crude Oil is as follows: December: Generally lower by -$0.33 to -$0.86. Averages to the downside: -3.65 to +3.08 January: Generally lower by -$4.57 to -$6.72. Averages to the downside: -2.68 to +2.27 February: Generally higher by +$8.41 to +13.73. Averages to the upside +3.07 to -2.54 March: Generally higher by +7.33 to +$15.62. Averages to the upside by +2.84 to -2.14
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Thursday, January 09, 2020
Is The Energy Sector Setting Up Another Great Entry? / Commodities / Energy Resources
By: Chris_Vermeulen
Another wild week for oil traders with missiles flying and huge overnight price swings in crude. As we recently pointed out within our current Oil research article, Oil and the Energy sector may be setting up for another great trade. We recently commented on how the supply/demand situation for oil has changed over the past 20+ years.
With US oil production near highs and a shift taking place toward electric and hybrid vehicles, the US and global demand for oil has fallen in recent years. By our estimates, the two biggest factors keeping oil prices below $75 ppb are the shift by consumers across the globe to move towards more energy-efficient vehicles and the massive new supply capabilities within the US.
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Tuesday, November 26, 2019
Energy Sector to Bounce Off Cycle Bottom into 2020 / Commodities / Energy Resources
By: readtheticker
Low prices fix low prices, and eventually the shorts will be forced to cover and buy back their shares and force prices higher. This sector is 'this close' to such and event. Both Hurst cycles and Wyckoff supply and demand action are warming up to the bullish side for the energy sector (XLE). This is on the back of growing inflation fears. Inflation sourced from wage growth in the US and world wide central bankers (Japan [BOJ], Europe [ECB] and the USA [FED]) printing money at the same time. You should note this has never happened before, all three at the same time, printing. Yes, the energy sector has suffered from the lower oil prices but soon the shorts will have to judge how much lower energy stocks can go, as you can see the SPDR Energy Etf (XLE) has been unable to get below $50. Demand is present. What to do? Watch for significant Wyckoff demand foot prints to see price test upper resistance (sign of strength), and then take action from a strong change of character.
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Wednesday, October 09, 2019
Is Bill Gates Right On Energy Investing? / Commodities / Energy Resources
By: OilPrice_Com
Not long ago, Bill Gates offered some investment advice. That, in itself, constitutes news, but the content and the reactions make up a more interesting story.
Gates told the Financial Times, in essence, that investors who want to do something about climate change should stop making up lists of companies they do not want in their portfolios based on involvement in fossil fuel production or use. They should, instead, invest in disruptive technologies that will provide actual solutions to climate change.
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Friday, September 13, 2019
Energy Sector Reaches Key Low Point – Start Looking For The Next Move / Commodities / Energy Resources
By: Chris_Vermeulen
|The Energy Sector ETF has been on fire recently with big price trends. We called a bottom/buy trigger in ERY in early July that resulted in a nearly +20% rally. Then, on August 29th, we called for ERY to rotate lower, targeting the $46 to $47 level – setting up another price momentum base before another attempt to move higher. You can read that research post here :
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Thursday, August 29, 2019
Energy Sector Setting Up For Another Big Trade / Commodities / Energy Resources
By: Chris_Vermeulen
Our research team has been nailing some really great trades recently in Gold, Silver, Crude Oil, ETFs, and many other market segments. Some of these trades have resulted in fantastic gains of +10% to +20% for our members.
One trade in particular that we called back in July was the Energy trade in Crude Oil and ERY. Specifically, we suggested that Crude Oil would fall based on our ADL predictive modeling system and that ERY would set up a very nice trade with targets set relatively close to the basing/bottom pattern. But first, be sure to opt-in to our free market forecast signals newsletter
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Monday, August 13, 2018
Oil And Energies On The Move Lower / Commodities / Energy Resources
By: Chris_Vermeulen
If you have been following our analysis and research of the Crude Oil trend and the energy sector, you know we’ve been suggesting Crude would attempt a move lower and attempt to retest the $58~63 level. It appears the breakdown in prices has begun.
Our research team, at www.TheTechnicalTraders.com, uses an array of proprietary technology, price modeling tools and price cycle modeling tools to attempt to keep our followers up to date with trend reversals, trend expansions and more. This recent downside price move is something we have been expecting for the last 20+ days. The breakdown of support in the Crude oil market, as well as the oversupply of oil on the planet, is setting up for a downside move that could be extraordinary.
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Monday, March 12, 2018
The No.1 Energy Stock To Buy Right Now / Companies / Energy Resources
By: OilPrice_Com
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Thursday, June 08, 2017
This is the Energy Company the Market Wants to Buy Now / Companies / Energy Resources
By: WallStreetNation
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Friday, April 14, 2017
Energy Market Volatility: What to Expect Next / Commodities / Energy Resources
By: EWI
Our Chief Energy Analyst talks about what he’s looking at across the energy markets
In this new interview with Steve Craig, the Editor of our Energy Pro Service, he explains that when looking across the energy complex, 2017 is playing out according to his Elliott wave script.
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Tuesday, February 28, 2017
Peak Wealth and Peak Energy / Commodities / Energy Resources
By: Raul_I_Meijer
You could perhaps say that this is part 4 in a series on -America’s- peak wealth, even if it was never intended to be such a series; it just happened. First, in a February 18 essay about declining economic growth, “Not Nearly Enough Growth To Keep Growing”, I said “..the Automatic Earth has said for many years that the peak of our wealth was sometime in the 1970’s or even late 1960’s”.
That prompted a reply from long-time Automatic Earth reader Ken Latta, which he turned into an article a few days later which I published on February 23 as “When Was America’s Peak Wealth?” Ken reasoned that America’s peak wealth was sometime in the late ’50s to early 60’s.
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Monday, February 20, 2017
Warning: This Energy Investment Could Wreak Havoc On Your Portfolio / Commodities / Energy Resources
By: OilPrice_Com
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Thursday, February 09, 2017
Here’s Why We Won’t See An Energy Rally—and How to Profit / Commodities / Energy Resources
By: John_Mauldin
BY PATRICK WATSON : Energy stocks jumped after the November election because investors thought new management in Washington would be their ticket to wealth. But what if it’s not?
On the surface, the stars seem lined up for Big Oil & Gas. President Trump promised to reduce the industry’s regulatory burden and open more federal land and offshore areas to drilling.
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Tuesday, January 10, 2017
The No.1 Energy Stock To Buy Right Now / Commodities / Energy Resources
By: OilPrice_Com
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Monday, November 21, 2016
Energy Sector Cycle Turns Up / Commodities / Energy Resources
By: The_Energy_Report
Technical analyst Jack Chan charts a new buy signal in the energy sector.
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Wednesday, January 06, 2016
Investors Green Energy Trend Is Your Friend / Commodities / Energy Resources
By: The_Energy_Report
David Talbot of Dundee Capital Markets forecasts uranium demand growth of about 6% compounded annually through 2020, which ought to be more than enough to kickstart depressed U3O8 prices. Nuclear energy is part of a growing trend away from fossil fuels toward green energy and things like lithium-ion batteries for cars and energy storage. Talbot explains that lithium demand is expected to grow even faster than uranium demand, and the market is already undergoing a supply deficit. In this interview with The Energy Report, he offers his top picks in the uranium and lithium spaces, as well as a graphite name, all poised to ride the green energy trend higher.
Wednesday, November 11, 2015
Is There a Bright Spot in Energy Commodities? / Commodities / Energy Resources
By: The_Energy_Report
Demand for commodities is in the doldrums, but the fundamentals of uranium and lithium are favorable when compared with other materials, says Paul Renken, mining analyst for VSA Capital Ltd. In this interview with The Energy Report, Renken notes that rising demand for batteries will soon exert pressure on lithium production capacity and that well-placed uranium juniors are in position to meet demand from nuclear power plants now in development. Investors must be patient, but diligent selection will be rewarded.
Wednesday, October 14, 2015
China To Continue Expanding Its Influence In The Oil And Gas Sector / Commodities / Energy Resources
By: OilPrice_Com
Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to the U.S. China also made large investments in Saudi Arabia's oil refining industry as well. But China's oil investments didn't stop there; they also pursued oil producing Canadian assets in 2011-12.Read full article... Read full article...