Stocks & Crude: A "Rare" Alignment?

According to the mainstream experts, the joined status of stocks and crude (to the downside) is as rare an event as Hallye's Comet. A myth-busting chart of the 52-week correlation between oil and stocks since 1996 strongly DISAGREES...

Crude Oil Prices: About To Cross A Line

Fact: When crude oil prices were rocketing to never-before-seen heights back in July 2008, the mainstream pundits saw no end to the red-hot winning streak in black gold. Find out how our analysts saw the oil market cross the "line in the sand" from bull-to-bear beforehand...

Crude Plunges Below $60: When Will Oil's Freefall End?

On Tuesday, November 11, crude oil plunged 5%-plus to its lowest level in 20 months. Below $60 per barrel is a far cry from the $300 oil forecasts delivered by the mainstream experts this summer. See how one "brave analyst" called the end of crude's uptrend before the powerful slide began.

(Update) Why Oil Prices Change – Part III
And Seven Reasons Why They Don't

For the most part, my research time proved an exercise in myth busting – which is to say, I realized that I needed to explain what does not change oil prices before I could explain what does....

(Update) Crude Oil: Gentlemen, Stop Your Engines
$200 oil: How could have oil experts gotten it so wrong?

After hitting an all-time high of $147 a barrel in July, oil fell as low as $77.09 (on October 10) – an almost 50% decline. And now, "Goldman Sachs, among those predicting $200 a barrel oil, cut its year-end forecast of oil to $70…" (AP) How could have oil experts gotten it so wrong?

Oil Prices Plunge: What “Safe-Haven”?

Oil Prices Say “Watch Out”

Oil Prices AND The “Ike Spike” That Never Was
And Never Would Be…

Whatever account of Ike’s toll is closer to the truth, the main point doesn’t change: Any market participant who took the storm rages/oil rise-warnings seriously, found themselves licking their wounds as no crude oil price spikes followed. That very same “wisdom” also triggered a barrage of bullish oil forecasts from the energy in-crowd, a national outbreak of panic at the gas pumps, and price gauging -- ALL based on fear and speculation rather than facts...

Oil & Stocks: Mortal Enemies?
The Media's Comic Book Version of Markets

Imagine reading all about Wall Street in comic book form. The superhero of the story would be the U.S. stock market. Who would be the bad guy? Well, if reporting by the financial press is any indication, the villainous Black Gold. The two characters stand at opposite extremes of light and dark, good and evil. If one is rising, the other must always be falling...

Crude Oil: A “Gut-wrenching, Volatile, Fear-laden” Move Ahead
P.S. Hurricane activity means Hooey to Oil’s overall trend

The energy in-crowd spends more time watching changes in climate patterns than Al Gore. Their main goal: Spot “bullish” storm activity in oil producing regions that could damage supply and therefore, spark a rise in prices. Problem is, hurricane activity means hooey to oil's overall trend...

Why Are Oil Prices Falling? (Video)
Now that oil is down 25% off its peak, people are asking why are prices falling, and so fast?

Will OIL Prices Continue To Fall?
And why they started to slide in the first place…

Crude Oil: Drilling For Opportunity
On July 11, a perfect fundamental bullish storm SHOULD HAVE sent crude prices to the moon. Instead...

July 11, 2008 was the unofficial D-Day for the Crude Oil market. “D” -- as in, DOWN. From that most recent peak, oil prices have plummeted more than $20, to a two-month low. The real shocker: On that date, a perfect fundamental bullish storm SHOULD HAVE sent crude prices to the moon...

Crude Oil Crashes: Temporary Glitch - or - Lasting Trend Change?
One of these things is not like the other one…

In the end, fundamental analysis masks the true “sound” of a market’s underlying trend. In the case of oil: The most recent selloff in crude kicked off on July 11. One day earlier, on July 10, EWI's Energy Specialty Service acknowledged the downside potential in the market’s near-term future...

(Video) $147 Oil: What Is Driving Up Prices?
Crude's latest rally makes sense even in the absence of truly bullish news.

Crude oil rallied to another all-time high on Friday, July 11 – to $147.27 a barrel. But glance at the headlines, and it's hard to call the reasons analysts cite as the cause for the $5-rally as bullish news. However, from the standpoint of Elliott wave analysis, crude's rally makes sense, with or without the news. This free video explains why.

Oil Prices: Thorn In Stocks' Side?

Oil Prices: Everybody Panic!...?
Sure, they're sensational. But do they drive the financial market? Hardly.

VIDEO: Oil Above $133. What Is Driving Up Prices?
You can forecast crude oil prices without relying on the supply/demand fundamentals.

On Wednesday (May 21), crude oil futures closed above $133 for the first time in history. The spike was blamed on an "unexpected drop in U.S. stockpiles," among other factors. That's a perfectly good explanation – after the fact. But what if we told you that one analyst foresaw this week's rally in crude several days before it began – and without relying on the supply/demand fundamentals? Watch this free video clip.

Why Oil Prices Change -- Part II

These days, there’s more round-the-clock press coverage of soaring oil prices than of the Democratic party's primary elections. And, much like those political contests, each day the mainstream “experts” offer a new twist on the outcome...

VIDEO: Why Oil Prices Change -- Part I
What affects the price of oil more: market sentiment or news headlines?

Question: A militant attack on the Nigerian oil station happened on Sunday, May 4. The report projecting strong demand for oil from China came out on Tuesday, May 6. However, EWI's Energy Specialty Service made a bullish forecast for oil last Friday, May 2. How in the world did ESS know about those events two days in advance? Answer: It didn't...