Last week, I blogged (and ranted a bit) about the new fad of ESG investing. There is a growing trend for ETF producers to jump on this somewhat hypocritical, yet highly marketable, bandwagon. We’ve had two of the biggest ETF providers contact us recently and try to flog these funds. Rest assured, we didn’t bite Read More
Gold & oil
I get questions regarding these commodities often enough that I thought I’d present their current technical picture. Here goes: Gold Gold has a big wall ahead of it before we can say it’s out of the consolidation that it’s been stuck in since 2013. Despite the recent excitement (in December I suggested it would Read More
More upside to come for oil?
Back in November 2017 and then again in January of this year I suggested that WTI oil – if it broke $56 (which it had not yet..) would target he low $70’s, and possibly $90. Well, it would appear that I got that one right (once in a while I nail it…). Puzzling, though, is Read More
Oil’s well that ends well
WTI crude took an abrupt punch in the gut yesterday after a nice rally that began in early March. A couple of my long time readers asked me for an update on oil – so I thought I’d oblige. There are a few factors we may want to examine when looking at any sector or commodity Read More
Oil update
I noted a while back that I went long oil. Here is my closing paragraph on the blog- which outlined my target, and stop loss strategy: We view this as a seasonal trade at this juncture. Oil tends to be a good trade between February and May. Our commitment to holding oil much beyond Read More