Telegram

Articles tagged as

energy

Heading into the end of the month and quarter, we’re reminded that this has been the worst first six months of the year for US Equities since 1970, over 50 years ago. Only five other occasions saw declines of greater than 15% over the first...

Tactical correction in Energy likely to continue into July

Energy looks to have formed temporary bottom along w/ XLU

The bounce in US Equities should be nearing conclusion over the next 24-48 hours, and it’s thought that prices might be still vulnerable to selloffs into end of Q2.  Wednesday’s initial Equity decline failed to get much traction before turning higher, and both Treasuries and Equities seem to be back...

Not Too Late To The Party: Why Energy Could Continue Its Incredible Run

Last December, when the S&P 500 was sitting near all-time highs, Tom Lee made another non-consensus forecast: While warning the first half of this year would be “treacherous,'' he highlighted Energy as a key component of his 2022 strategy. On Dec. 21,2021, he told more than 1,000 members that the...

Energy turning out to be stronger than expected

S&P still grinding sideways, but this consolidation should break out to the upside into Friday’s CPI report and/or early next week before showing much resistance.Energy technicals show a further push up before consolidation;  however, weakness likely does not prove to be as strong as initially expected, and Crude should hold...

Energy still resilient but expecting June peak as Tech bottoms

Stabilization within a trend does not equal “Rally-time” Trends remain under pressureEnergy remains the best performing group, and while stretched, still looks to offer alpha into mid-June;  Exploration and Production sub-sector looks most promising https://youtu. be/iJAiwzFjpZ4 MINOR STABILIZATION DOES NOT EQUATE TO A BULLISH TREND CHANGE   SPX showed some minor...

Energy rebounds with commodities as Equities stall

The near-term rally has begun to show some evidence of stalling, though one still can’t make a firm case that a reversal is underway, nor that this recent rally has negated the potential for a selloff into April.  DJIA showed some evidence of reversing right near its key downtrend line...

Clean Energy starts to “Go Green”; Analyzing OIH, XLE

The near-term US Equity market index trends remain bearish, and S&P’s failure to recoup 4250 on a close keeps prices trending lower and offers an above-average likelihood of an upcoming test and possible temporary break of February lows.   The volatility most are witnessing is reminiscent of 2008 and it’s important...

Aerospace & Defense along with Energy showing strength

Monday’s churning still leaves markets in bottoming process as the month of February comes to a close.  While near-term price action remains choppy, rallies are expectedEnergy has shown some change of character as Equities have begun to stabilize with Exploration and Production stocks starting to outperform.  XOP should be favored.Aerospace...

Energy relative breakout worth following

Technical Strategy Video: https://vimeo. com/670026129/c93b4ad751 Market bottom still elusive, but initial low expected this week. Energy relative breakout to SPX makes this a great sector near-term to overweightMSFT getting close to support and after-hours volatility could provide opportunity   ------------------------- US Equity markets should be close to trading lows, but...

  • First Word
January 12

Energy leadership + Tech turning >50% market = base case 5,000 still possible

We publish on a 4-day a week schedule: Monday Tuesday Wednesday SKIP THURSDAY Friday STRATEGY: ENERGY LEADERSHIP + TECH TURNING > 50% MARKET = BASE CASE 5,000 STILL POSSIBLE _UNLESS A CURE EMERGES, DIVERGENCE IN POLICYMAKERS OF COVID-19 "ZERO CASE" VS "ENDEMIC" IS ECONOMICALLY UNSOUND_ As Omicron burns its way...

  • Daily Technical Strategy
November 23, 2021

Energy likely to push back to highs, led by Exploration & Production names

Technical Strategy Video: https://vimeo. com/649234394/f4292acf06 Energy should outperform into 2022 and recent weakness represents buying opportunityExploration and Production Stocks likely to outperform Drillers, Oil Services & IntegratedElliott-wave structure and Cycles on WTI both point higher into next year, suggesting WTI and Brent Crude likely stabilize and turn back to...