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Resolute Energy Corp (NYSE:REN)Resolute Energy is having an incredibly strong day in the market today, and for good reason. The company announced the purchase of oil and gas assets. Today, we’ll...
November Crude Oil tested the $50 resistance level Wednesday, October 5, 2016, reaching 49.97 as the EIA report showed crude oil inventories declining. Crude oil inventories declined 2.976 million...
As trading in the fourth quarter got underway this week, the bottom quickly fell out in precious metals, with gold and silver each finishing down in Tuesday’s session by more than 3 and 5...
Who’ll Stop the FedThe market fears the so-called hard Brexit, in which all ties with the European Union will be severed at an accelerated rate. This should occur by the end of March, as Prime...
Soybeans rallied 30 cents from Friday’s report day low to the 50- and 200-day moving averages at 9.73 basis November. Consistent rains that have delayed harvests in parts of Iowa, Minnesota and...
While global markets are worried about EU tapering and the possibility off a hard Brexit, oil seems oblivious to those threats as the US oil glut is receding at a historic pace. The American Petroleum...
It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are both up two cents from last week.According to...
New balance needs to be found Original post
Gold: Long Squeeze On Holiday MarketGold rose on Wednesday, recovering after hitting its lowest in more than three months in the previous session. The drop on Tuesday was bullion's biggest one-day...
The savage reaction in gold yesterday surprised even me, and following my gold post of yesterday morning, I thought it would be apposite to follow up with another for gold and silver, as the technical...
Main scenario:The market is trading along a sideways trend between support 47.90 and resistance 49.00.A downtrend will start as soon, as the market drops below support level 47.90, which will be...
Oil markets have rallied rather substantially over the last several sessions, but here at The Trader Guy, we are not so bullish on the commodity as there are a lot of things to consider. Yes, OPEC did...
Gold fell below $1,300 today for the first time since the Brexit vote in June, as the dollar index rose to a two-month high.Gold fell below $1,300 today for the first time since the Brexit vote in...
Whilst the precious metals collapsed and turned heavily bearish, copper too is having its own battles to maintain the bullish trend of the last few weeks, which has propelled it from the low of mid...
Since August, the gold-price managers – aka “the gold cartel” – have been regularly dumping a lot of paper gold onto the Comex when the Comex floor opens at 8:20 a.m. EST....