Brent Slides On Weak Chinese Exports
Brent crude oil lost its momentum on Tuesday morning after demand woes outweighed worries about the ongoing tension in Syria.
Russia
E-mini NQ pausing but bullish momentum remains
Whilst daily charts give us a framework for intraday trading, it is often the weekly chart which gives us a broader perspective, the zoomed out view, and this was certainly the case with oil which I looked at recently.
Bullish momentum for oil now coming to an end?
Last week was a volatile one for crude oil futures, with the April contract closing the week at $102.58 a barrel having touched $105 per barrel at the start of the week.
VIX continues to plot the ebb and flow
It’s been an interesting few weeks for equity markets, with the usual crop of doom and gloom ‘experts’ emerging from the undergrowth to call the top of the market, before disappearing equally quickly, realizing that they were wrong
Painful Market Opening
We were looking to initiate a bullish earnings play on Kroger this morning ahead of its Thursday’s earnings report.
Russia Turmoil Sends Crude Oil Higher
As we begin the week on increase turmoil between the Ukraine and Russia(RSX, quote) energy traders are seeing the highest crude oil prices since September of last year as producers are fear political driven supply disruption.
Morning Coffee Break – March 22
Morning Coffee Break – Friday March 22 As we get ready to start the final session of the week traders will be without a doubt will be focused on the developments in Cyprus. Or should I say lack of development as Cyprus leaders’ hopes for a Russia bailout loan has fallen part and are going into the weekend with no deal and the European Central Bank deadline set for Monday
Daily Energy Report
WTI is showing difficulty in trading above the $94.00/bbl price level, while Brent is doing the same near $113.00/bbl. The oil markets may continue to remain range-bound in the near-term, as influencing factors are somewhat mixed. The upside will focus on improving economic data, buying by managed money accounts, and fresh refinery issues with Motiva
Daily Grains Commentary
The S&P is up over 14% on the year, $ follows $ and the world loves equities over nearly everything else, is it any surprise to see a surge in equities yesterday while grains get punished and it happened to be the 1st day of the new quarter?
Morning Coffee Break
Welcome to today’s Morning Coffee Break – hold on tight as today is “quadruple witching”. For those unsure of what quarterly “quadruple witching” is, it’s a period of time simultaneous expiration of various options and futures contracts that happens once each quarter. Doing a little digging we found that the last 8 times this has occurred in September, the Dow Jones has traded higher. The Dow Jones also has been
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