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Energy News and Commentary

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Thu, May 16th, 2024
Crude Oil Double Bottom?

Upside target would be around 83.25.

Is It Too Late to Buy This Energy Dividend Stock at New Highs?

Here's a closer look at whether Constellation Energy's recent surge to record highs presents a lucrative opportunity to buy into the bullish momentum, or whether investors should practice caution at the...

CEG : 216.34 (-3.12%)
$SPX : 5,297.10 (-0.21%)
Crude Posts Moderate Gains on Tight Supplies and US Energy Demand Optimism

June WTI crude oil (CLM24 ) on Thursday closed up +0.60 (+0.76%), and June RBOB gasoline (RBM24 ) closed up +4.10 (+1.64%). Crude oil and gasoline settled moderately higher on Thursday. Crude has carryover...

CLN24 : 78.97 (+0.29%)
RBN24 : 2.5451 (+0.84%)
Nat-Gas Rallies on a Lower-Than-Expected Build in Weekly Inventories

June Nymex natural gas (NGM24 ) on Thursday closed up +0.079 (+3.27%). June nat-gas prices on Thursday rallied to a 3-3/4 month nearest-futures high after weekly nat-gas supplies rose less than expected....

NGN24 : 2.688 (+0.04%)
Crude Gains on Tight Supplies and US Energy Demand Optimism

June WTI crude oil (CLM24 ) this morning is up +0.43 (+0.55%), and June RBOB gasoline (RBM24 ) is up +3.00 (+1.20%). Crude oil and gasoline prices this morning are moderately higher. Crude has support...

CLN24 : 78.97 (+0.29%)
RBN24 : 2.5451 (+0.84%)
The Commodities Super Cycle is Underway!

Overnight precious metals are higher after yesterday’s explosive rally.

Marathon Oil Stock: Analyst Estimates & Ratings

Marathon Oil has underperformed the broader market this year, but Wall Street analysts are optimistic about the stock’s recovery potential.

MRO : 26.13 (-1.17%)
$SPX : 5,297.10 (-0.21%)
XOP : 150.46 (-0.56%)
Grain Markets: Will Global Production Issues Continue to Push Wheat Prices Higher?

In my interview today with Michelle Rook on AgWeb's Markets Now I spoke about the recent move higher in wheat, soybean, and corn prices. I also discussed crude oil, interest rates, and the cattle markets....

ZWK24 : 657-0s (-1.98%)
ZSN24 : 1226-2 (+0.82%)
ZCK24 : 453-6s (-1.04%)
LEM24 : 179.025s (+0.43%)
This Chart Signal Could Be a Red Flag for Peabody Energy Stock

In light of Peabody Energy Corporation’s recent appearance on Barchart's death cross screener, investors may find cause for concern. Historically, similar occurrences have preceded notable downturns...

BTU : 22.56 (-0.79%)
COAL : 23.67 (-0.43%)
Nat-Gas Prices Climb as Warmer US Temps Boost Nat-Gas Demand Prospects

June Nymex natural gas (NGM24 ) on Wednesday closed up +0.072 (+3.07%). June nat-gas prices on Wednesday rallied to a 3-3/4 month nearest-futures high on expectations that warm US temperatures will boost...

NGN24 : 2.688 (+0.04%)

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Test 🚨: X seems so slow lately. Do you see this post?
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U.S. Rising Debt levels could harm the Treasury Market warns Bridgewater Founder Ray Dalio https://t.co/2AY6kaxOng
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Sugar falls to lowest price since November 2022 https://t.co/8bnLQsC4yw
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JP Morgan Insider Trading Alert 🚨 Executive Marianne Lake sold 11,734 $JPM shares for a total value of $2.34 million https://t.co/kmOj5xYvpJ https://t.co/KxHY1SiMtX
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Bears this week 😂 https://t.co/zSffCCdQIT
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A look at hyperinflation in Zimbabwe - 100 Trillion Banknote 👀 https://t.co/dai9aJa6Xk
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Chinese Stocks with an imminent Golden Cross formation https://t.co/xERTcA9zXg
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Stanley Druckenmiller loaded up on Small Caps in the first quarter by buying 31,579 $IWM call options for a total stock notional value of approximately $664 million according to CNBC. (This appears to be assuming 100 Delta Calls but strike and expiry are unknown). https://t.co/jHaceaWXjz
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80% of S&P 500 $SPX stocks are now trading above their 200D moving average, closing in on the highest level since September 2021 https://t.co/f9uzviuTch
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Fun Fact 🚨: Goldman Sachs $GS, NOT tech stocks like $AAPL $AMZN $MSFT, is the biggest point contributor to the Dow Jones Industrials since the index hit 30,000 https://t.co/tEg17Sjncq https://t.co/hjNUCYgYYZ

Chart of the Day

The Chart of the Day belongs to financial service company The Goldman Sachs Group (GS). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the...
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