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By Phil Flynn |
March 26, 2013
Oil prices as well as other markets are riding the wave of emotions as the markets try to figure out if the Cyprus bailout is a good or bad thing. Bailouts are bullish and the market acted accordingly.
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By Phil Flynn |
February 28, 2013
If almost on cue and just as I said one day earlier, gas confirmed a major top and we got a wild drop against a back drop of some historic numbers on U.S. oil production!
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By Matthew Leising and Donal Griffin |
January 10, 2013
Citigroup Inc. has started an electronic bond-trading service as Wall Street firms seek to help clients buy and sell debts among themselves.
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By Phil Flynn |
January 10, 2013
While the weather in China is very cold, it appears their economy is starting to get red hot. China’s export growth exploded, rising 14% in the month of December. Because of that petroleum demand, expectations are rising.
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By Phil Flynn |
November 28, 2012
Traders are rolling the day product expiration and may not get long as it looks like politicians are destined to sink the economy over political ideology.
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By Phil Flynn |
November 1, 2012
Today the energy complex is going to have to balance an increase in the China Purchasing Managers’ Index number versus the historic energy demand destruction caused by Hurricane Sandy.
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By Phil Flynn |
September 25, 2012
Despite the Iranian risk bounce, oil seems more fixated with Europe. Oil seemed unmoved by an ok but not great Spanish auction.
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By Jim Wyckoff |
May 1, 2010
Gold is in a longer-term up trend.
