by Trent Smalley, CMT | May 22, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends
I’m taking a victory lap this morning after I pinpointed a tactical entry in $USO a couple weeks back. Out of about 15 bad calls in the energy space and with regards to Crude Oil, I sank this putt. You may remember my post on oil being full of mathematical and...
by Trent Smalley, CMT | Mar 13, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends, Technical Stock Market Analysis
Wall Street Preps For A Cautious Start As Fed Meeting Looms (MarketWatch) Money Managers Getting Nervous Over Oil (Bloomberg) Intel Buying Mobileye The Driverless Technology Firm For $15.3 Billion (Reuters) Massive Snowstorm Set To Hit New York (NYPost) Art Cashin...
by Trent Smalley, CMT | Mar 9, 2017 | Stock Market Analysis, Stock Market Commentary, Technical Stock Market Analysis
Markets are abuzz this morning with chatter about the recent slump in crude oil prices. /CL surrendered the $50 level with a move down to $48. 79 before recovering a bit. Data from the U.S. EIA revealed an 8.2 million barrel increase in domestic crude supply for last...