Almost exactly a year ago, oil prices went negative $40. Today, with crude trading at $60, you’re hearing lots of opinions as to what’s next. “Electric car revolution” … “reopening economy” … “end of commute” … “start of travel season” … bullish … bearish … who’s right? … who’s wrong?
You’re invited: Spot the Next BIG Move in Oil, Gas, Energy ETFs (April 7-14)
Key Charts For Fed Day
A retest of prior resistance may be in the cards, which is exactly what happened in early 1995. In 2016, the Dow Jones Industrial Average (below) may be in retest mode.
Economic Cycles of Energy and Technology
Everything moves in cycles whether it is the price of a barrel of oil, the overall stock market, real estate or technology. So where is it heading from here? Are we in for a boom or a bust? That is always the key question. Is it time to be skeptical of the markets, bullish on gold, or does the stock market hold the key? In today’s article Jared Dillan editor of Bull’s Eye Investor, takes a look at where we’ve been and where we are going.