We’ve used data based on the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers. The latest price
February 28, 2018
(Video length 00:13:09) A review of the day’s trading in the agriculture markets.
Yesterday established a round of profit-taking after Monday’s breakouts had suggested something more positive in the works. Unfortunately, another round of selling ranking as higher volume distribution left indices in a more precarious state. The Semiconductor Index had come close to
Here’s the set-up line for the story: Two central bankers walk into a London restaurant … Mervyn King tells the tale at the start of his lecture “Lessons from the Global Financial Crisis,” in a speech given upon receipt of the
(Audio length 00:12:27) Chris Vermeulen, founder of The Technical Traders, shares his outlook for the oil, natural gas and the US dollar. Natural gas is looking like a nice trader at its current level and oil while it is pulling
It cost more money to print this sign than what the balance due is. Plus, cash is not an option, only check or money order. I guess the management does not have one of those change cups by the register
VIX made an 83% retracement of its rally on Tuesday while making its Master Cycle low. Today it challenged Cycle Top support at 20.41, but closed beneath it. A close above it implies a VIX buy signal may have occurred.
Ripple prices registered a February opening-range high at resistance early in the month with the pullback starting to lose steam just ahead of confluence support. We’re on the lookout for a possible exhaustion low heading into the March open as
With March beginning tomorrow, the Climate Prediction Center issued their final forecast for the month. Generally, it shows warmth in South and Northeast with cold in the Great Plains and Pacific Northwest. This certainly shares strong similarities with the final
The chart below shows that selling pressure is starting to develop again based on the increase in the number of new 52-week lows. The cumulative advance/declines are pointing lower again too. I think we all expected some back
