The practice of selling rallies in bear markets may be old,
but it never gets tiring. I am sticking with that strategy until there is a
measurable change in the outlook for natural gas.
The EIA inventory numbers were released this morning and
showed a build of 98 billion cubic feet for the week ending October...
Natural gas is suffering the woes of plentiful supplies this year and the lack of a catalyst to push prices higher. As a result, natural gas futures prices have dropped about 28 percent from the peak this year in March. The fundamental picture doesn’t look good at this point and the market will probably need some significant...
Crude oil futures have been under pressure in recent weeks,
as the news and fundamental picture is growing more bearish. The trade war with
China has pressured the market along with a rising dollar and weaker outlook
for demand worldwide. The biggest issue might be the prospects for the “oil
glut” to continue to grow, as the US continues to pump...
One of the single best things you can do to further your
education in trading commodities is to keep thorough records of your
trades. Maintaining good records
requires discipline, just like good trading.
Why Keep Trading Records?
Most professional traders, and those who consistently make
money from trading commodities, keep diligent records of...
The energy markets became riled over the weekend as Saudi
Arabia took a major hit to oil production/distribution capabilities from drone
attacks. Fingers are pointing at Iran and they have deferred to Yemen. The big
issue here is whether this is the beginning of regular attacks and the
disruption of oil flowing onto the markets or was it an isolated event?
