WTI crude oil just completed an impressive trading session to wrap up a notable week which saw 'black gold' rally ~4%. From a technical perspective... Continued
Energy Stocks Lag Crude Oil Rally
WTI crude oil has nearly doubled from its February low, meanwhile the performance of oil stocks has begun to lag noticeably: There are many... Continued
Energy Stocks Catch Fire
Energy stocks have been on a tear in recent weeks. So much so that the XLE is nearly back to flat for the year after... Continued
Commodity ETFs Form Bullish Reversal Candlestick Patterns
Gold and energy equity ETFs formed bullish engulfing candlesticks during today's trading session after printing bullish hammer reversal candlesticks yesterday: GDX (Daily) ... Continued
Energy & Metals Begin 2016 in the Green as S&P 500 Tumbles
Resource investors should be encouraged by the first trading session of the new year. On a day in which the Dow Jones Industrial Average closed... Continued
A Couple of Promising Commodity Charts
There have been a couple of notable developments in commodity related charts in the last couple of days: AA (Daily) Alcoa (AA) has formed... Continued
Oil Services Are Ready To Roar
The oil services sector (OIH) is one of the worst performing sectors in the market year to date (-13.2%). However, October has been a good... Continued
Bottom at Last in Energy Stocks?
Energy stocks have been in a steady downtrend for more than 2 months. Today investors received the strongest indication yet that a reversal might be... Continued
Oil Services Stocks Are on the Verge of a Breakout – Time to Buy?
Oil services stocks as represented by the OIH (roughly 1/3 of the OIH is comprised of two names, HAL and SLB) have been hot for the... Continued