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What's Behind The Fall In Oil Prices? See CHART

by Nico Isaac
1/22/2010 4:30:00 PM
In just two short trading days (January 21 and 22) oil prices have gone from boiling to toiling. Crude fell more than 4% to land at its lowest level in one month. According to the mainstream experts, one main factor is to blame for turning the blue skies in oil gray: A doubly-bearish January 21 Energy Information Administration (EIA, for short) report revealing these two details:
Filed Under: Crude oil, oil, Energy
Category: Energy


A Trend Analyzing Tool Reveals If Commodity Strength Will Continue
Soybeans, Silver, Copper, Corn, Crude Oil, and more

by Nico Isaac
12/22/2009 1:45:00 PM
A really smart person once said: True genius is not in the knowing; but rather, in the incessant desire to know more. Case in point: EWI's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy. Never content to just sit on his mastery of the Elliott Wave Principle, Jeffrey is constantly working to develop new correlative techniques for achieving his ultimate goal: Identifying turning points in a market before they occur.
Filed Under: Commodities, soybeans, Silver, Copper, Crude oil, Corn, trend anlalyzer tool
Category: Commodities


Pricing Crude Oil in "Gulfos"? In Their Dreams
The Wave Principle tells us that the time to be a contrarian is when emotions run high

by Bill Fox, Senior Bonds Analyst
12/21/2009 11:30:00 AM
A bloc of oil producing countries led by Saudi Arabia and Kuwait reported preliminary steps to establish a regional currency: The “Gulfo,” in which to trade their oil in lieu of U.S. dollars. Is this a threat to the dollar hegemony? Some would say yes, but I would say no. In fact I would go as far to say heck no.
Filed Under: gulfo, arab currency, Crude oil, peak oil, u.s. dollar, forex
Category: Energy


U.S. Dollar: From Panic to Embrace
How the love/hate sentiment toward the dollar can help you pinpoint major turns.

by Vadim Pokhlebkin
12/16/2009 2:45:00 PM
My mother lives in Moscow. I call her often, and every once in a while the conversation turns to the economy -- specifically, the strength of the U.S. dollar. Usually this happens when the dollar gets weaker. Then our conversation goes something like this...
Filed Under: u.s. dollar, ruble, Currencies, forex, eur/usd, euro, yen, Swiss franc, Crude oil, reserve currency
Category: Currencies


A Crude Oil Call Then: A Long-term Picture Now
A historical perspective on oil since the American Civil War (CHART)

by Nico Isaac
12/14/2009 4:30:00 PM
I'll cut right to the chase: On Monday, December 14, crude oil prices fell below the psychologically important $70/per barrel mark to close at a fresh, two-month low. It was the market's ninth consecutive down day and the longest losing streak since 2001. As for what caused crude's bearish beating -- the mainstream experts cited one main factor...
Filed Under: Energy, Crude oil, oil
Category: Energy


Oil's Recent Selloff Defies One Kind of Logic (CHART)
... And obeys another

by Nico Isaac
11/13/2009 4:00:00 PM
Just when you think you've got a handle on the way certain fundamentals affect the market of your choice -- POOF! The rules change. Take, for example, the supposed set-in-stone logic that prices of crude oil rise when two things happen: The U.S. dollar loses and gold gains. As recently as late October 2009 -- with oil prices soaring to their highest level for the year -- this correlation was a constant mainstay of the mainstream financial media. Here, the following news sources from the time...
Filed Under: Crude oil, oil, Energy, u.s. dollar, Gold
Category: Energy


Crude Oil Outlook: Check Your Crazy Hat At The Door
Will oil prices revisit $80 soon?

by Nico Isaac
10/28/2009 5:30:00 PM

There are some jobs out there where having a split-personality would seem to actually improve your work performance. What got me thinking about that was the recent Dr. Jekyll and Mr. Hyde-like collage of news headlines regarding the presumed relationship between crude oil and equities.

Filed Under: Energy, Crude oil, crude, oil
Category: Energy


Oil Above $80: What's Behind the Rally?
Elliott wave patterns in market charts can warn of coming trends ahead of time.

by Vadim Pokhlebkin
10/20/2009 2:45:00 PM

Contracting triangles are a useful and simple chart pattern that does a great job of warning you of impending market breakouts. You don't have to squint to see them. Watch most markets long enough and you'll see them everywhere. Let's take a look at the latest action in crude oil futures, for example.

Filed Under: Crude oil, prechter, elliott wave, contracting triangle
Category: Energy


Crude Oil: Is A Breakthrough or Breakdown Coming?

by Nico Isaac
10/13/2009 2:30:00 PM
Over the last three months, crude oil prices have acted like a dog with a shock collar around its neck. One minute it's barreling up a hill at warp speed straight for the mailman at the top of the driveway. And then... ZAP! It's jolted by an invisible electric fence and sent scampering right back down to the place it started. Talking numbers: the market has been range bound between $75 and $65 per barrel.
Filed Under: Crude oil, oil, Energy
Category: Energy


Sugar's "Near Vertical Ascent": Isaac Newton Need Not Apply

by Nico Isaac
8/27/2009 3:15:00 PM
In the eyes of mainstream economics, financial markets perform according to the laws of physics. There is a cause: i.e. some external event. And, there's an effect: A rise or fall in a market's price depending on whether said event was positive or negative. Okay. Let's think about that for a minute, and see where that gets us regarding Sugar's recent rally to a near 30-year high...
Filed Under: Commodities, sugar, Crude oil
Category: Commodities


Crude Oil Analysis: No "Funny" Business
Just the facts, please...

by Nico Isaac
8/10/2009 3:00:00 PM
Most of the time, reading the mainstream news articles on a certain financial market is like watching some "Laurel and Hardy" comedy skit of errors. Picture it: The pair attempt to break into a house. Laurel goes in first through a window, which falls shut before Hardy can get through. Then, Laurel walks outside the front door to let Hardy in, only to have it lock on them both...
Filed Under: Crude oil, oil, Energy
Category: Energy


Technical Toolbox Webinar: "Match" Made In Trading Heaven

by Nico Isaac
7/23/2009 2:00:00 PM
Left on your own, the world of technical analysis of financial markets can feel a lot like entering the dauntingly vast online dating pool. After running a basic search for a "best fit," you end up with 50 pages of candidates whose idea of "middle age" is knowing who Methuselah was ... personally. It's well worth it to sign on with the experts... and now you can.
Filed Under: commodiites, technical analysis, candlesticks, MOAD, MACD, RSI, Crude oil, Gold, dow jones industrial average
Category: Commodities


Crude Oil: Tour de Forecast

by Nico Isaac
7/20/2009 3:30:00 PM
According to mainstream economic thought -- fundamentals are to financial markets what tire pressure is to a Tour de France bicycle racer. To wit: Inflated (i.e. positive) news makes it easier for a market to soar up those steep mountain hills (i.e. price charts). AND, deflated (i.e. negative) news makes prices fall behind and struggle to climb.
Filed Under: Crude oil, peak oil, oil, Energy
Category: Energy


Sugar Prices Set to Sour? The Answer For FREE

by Nico Isaac
7/17/2009 10:45:00 AM
If I had a nickel for every time I heard the mainstream experts say that sugar prices are attached to crude oil's hip, I wouldn't just have a sizable nest Egg. I'd have the whole darn chicken.Problem: sugar prices hit their recent high on June 30, three weeks AFTER the rally in crude reversed...
Filed Under: Commodities, Free Week, sugar, futures, Crude oil
Category: Commodities


Crude Oil Tumbles: How Low Could It Go?

by Nico Isaac
7/10/2009 6:15:00 PM
I'm sorry, but there are only three possible ways a person could NOT know about the "demand crisis of 2009" long since underway in the energy smarkets. To wit: One, said person was born yesterday. Two, said person thinks "Crude" is the name of a Norwegian Heavy Metal band. Or three, said person lives on planet Mars
Filed Under: Crude oil, crude, oil, Energy, demand
Category: Energy


The Star of SUGAR’S Story: Bull or Bear?

by Nico Isaac
6/18/2009 12:00:00 PM
True or False -- Crude oil prices move in step with sugar prices. Reason being, the higher the cost of oil, the greater the demand for alternative fuels such as cane-based ethanol. Answer: That depends on whom you ask. Here are some recent statistics...
Filed Under: Crude oil, sugar, ethanol, Corn, fibonacci
Category: Commodities


Oil & Stocks: When One Rises, The Other One Falls?
Don't believe everything you hear on financial TV.

by Vadim Pokhlebkin
6/11/2009 1:15:00 PM

Crude oil is trading above $70 again. When oil starts to make big moves, hardly a day goes by without someone saying something like “crude up -- stocks down,” or vice versa. Take a look at these charts, though, before you agree with this mainstream opinion.

Filed Under: Crude oil, DJIA, dax
Category: Energy


Crude Oil Opportunity: Come On In, the Water's Fine

by Nico Isaac
6/3/2009 5:15:00 PM
According to the financial mainstream, fundamentals are to markets what the moon is to the ocean's tides: Negative data drive prices down and ebbing out; while positive data draw them up and advancing in. Here's the problem: Tides don't regularly shrug-off or ignore the lunar pull. If they did, no one in their right mind would ever go swimming in such unpredictable waters...
Filed Under: Crude oil, oil, Energy
Category: Energy


CORN-tracting Triangle: Is This Grain Set To Gain?

by Nico Isaac
5/21/2009 7:15:00 PM
According to the mainstream experts, Corn prices are tied to more outside forces than a marionette doll. In the last 24 hours alone, the usual sources have linked the grain's movements to heavy showers in the U.S. Corn Belt, the rapid re-emergence of Swine Flu fears, and ongoing gains in crude oil...
Filed Under: Commodities, Corn, Crude oil, Grains
Category: Commodities


19 Commodity Markets. 36 Charts. ONE Service

by Nico Isaac
4/30/2009 6:30:00 PM
May's financial "flowers" of opportunity are in bloom. And, in the brand-new April 30 Daily Futures Junctures (DFJ) "Weekly Wrap-up," long-time editor and Elliott Wave International's chief commodity expert Jeffrey Kennedy picks the freshest buds right off their stems: Coffee, Cocoa, Sugar, Lean Hogs, Crude Oil, Copper...
Filed Under: Commodities, coffee, cocoa, sugar, lean hogs, Crude oil, Copper
Category: Commodities


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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.