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Oil's Recent Selloff Defies One Kind of Logic (CHART)

Nico Isaac — Fri, 13 Nov 2009 04:00:00 ET

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...

Crude Oil Outlook: Check Your Crazy Hat At The Door

Nico Isaac — Wed, 28 Oct 2009 05:30:00 ET

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.

Oil Above $80: What's Behind the Rally?

Vadim Pokhlebkin — Tue, 20 Oct 2009 02:45:00 ET

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.

Crude Oil: Is A Breakthrough or Breakdown Coming?

Nico Isaac — Tue, 13 Oct 2009 02:30:00 ET

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.

Crude Oil Analysis: No "Funny" Business

Nico Isaac — Mon, 10 Aug 2009 03:00:00 ET

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...

Crude Oil: Tour de Forecast

Nico Isaac — Mon, 20 Jul 2009 03:30:00 ET

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.

Crude Oil Tumbles: How Low Could It Go?

Nico Isaac — Fri, 10 Jul 2009 06:15:00 ET

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

Oil & Stocks: When One Rises, The Other One Falls?

Vadim Pokhlebkin — Thu, 11 Jun 2009 01:15:00 ET

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.

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

Nico Isaac — Wed, 03 Jun 2009 05:15:00 ET

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...

Crude Oil: Is the Bull Market In Black Gold Back?

Nico Isaac — Fri, 22 May 2009 05:30:00 ET

Over the last year, the fundamental experts have changed the "rules" of the game regarding Crude Oil quite often. Back in 2008, as prices rallied to never before seen heights, they delegated black gold to official "Safe Haven" duty. After oil took a flying leap DOWN from their mid-2008 peak, the experts renamed the game: Oil, once the VICTOR of recession, was now its greatest VICTIM.