Wealth Creation Through Natural Resources
Back in January and February when the crowd was extremely bearish on crude oil we witnessed a striking bullish divergence in the strength of energy stocks. This relative strength from energy stocks proved to foreshadow the bottom that crude oil … Continued
The $78-$80 area has been a huge price magnet in the XLE since the oil crash last September-October, and it is no accident that price has paused in front of this level for the past couple of weeks: In many … Continued
Tomorrow morning (North American time) the ECB will make its much awaited announcement which is almost sure to include some form of quantitative easing program. A series of leaks this morning, the most market moving of which was reported by … Continued