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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

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

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

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

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

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

by Nico Isaac
5/22/2009 5:30:00 PM

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.

Filed Under: save haven, black gold, oil, recession
Category: Energy

Oil Prices Do NOT Play by the Stock Market's Rules

by Nico Isaac
4/21/2009 5:15:00 PM
On Monday April 20, two main events took top billing in the financial press: the Dow Jones Industrial Average plunged 290 points. And, oil prices suffered their biggest-single day drop in over three months. According to the mainstream experts, the first event was directly related to the second. One look at our chart and you'll see why this notion is not true.
Filed Under: Crude oil, oil futures, dow jones industrial average, u.s. stock market, Energy
Category: Energy

Is The Bottom In For Falling Oil Prices? Find Out NOW

by Nico Isaac
3/10/2009 4:45:00 PM
Over the last year, crude oil has thrown the mainstream energy experts for more loops than a knitting needle. One huge whopper of a loop: the severe 70%-plus freefall in oil prices from the July 2008 high to a recent five-year low...
Filed Under: Crude oil, crude, oil
Category: Energy

Crude Oil: From Victor -- to -- Victim of Recession?

by Nico Isaac
2/17/2009 4:45:00 PM

Back in mid-2008, with crude oil prices setting an all-time record high above $100 per barrel, Main Street said: an economic slump would continue to pump UP oil. NOW, with crude prices at a five-year low, those same experts blame the global economic recession for the market's woes. Any questions?

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

Is the Bottom In For Crude Oil?

by Nico Isaac
1/23/2009 5:45:00 PM

On January 19, 2009, Morgan Stanley joined a rapidly growing fleet of big-name banks that have traded mortgage loans for oil liners. Idea being: Buy in bulk now, while oil prices stand at a five-year low, AND sell later this year, when a supposed "perfect storm" of fundamentals reignites a bull run in crude.

Filed Under: Crude oil, morgan stanley, Energy, crude, oi
Category: Energy

Crude Oil: A Gusher Of An Opportunity (UPDATE)

by Nico Isaac
12/19/2008 11:15:00 AM

One day, crude oil prices suffer their biggest weekly loss in energy trading history. The next day, crude oil prices soar to their highest level in nearly two weeks. All the while, the global economic slump continued to grow. Any questions?

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

Stocks & Crude: A "Rare" Alignment?

by Nico Isaac
12/1/2008 5:30:00 PM

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...

Filed Under: Crude oil, dow jones industrial average, oil, us stocks
Category: Energy

Crude Oil Prices: About To Cross A Line

by Nico Isaac
11/19/2008 4:15:00 PM

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...

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

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

by Nico Isaac
11/11/2008 12:15:00 PM

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.

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

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

by Robert Folsom
10/23/2008 5:30:00 PM

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....

Filed Under:
Category: Energy

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

by Vadim Pokhlebkin
10/16/2008 3:00:00 PM

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…" (APHow could have oil experts gotten it so wrong?

Filed Under: Crude oil, commodity bubble, OPEC
Category: Energy

Oil Prices Plunge: What “Safe-Haven”?

by Nico Isaac
10/8/2008 4:00:00 PM
According to mainstream financial wisdom, when the plane of the U.S. economy runs out of fuel and starts hurtling toward the earth’s surface, one of the few markets said to provide a parachute of safety is … Oil. Problem is, over the last four months, said parachute has failed to open. 
Filed Under: crude oi, oil, Energy, Commodities, dow jones industrial average
Category: Energy

Watch Bob Prechter's interview on CNBC Wednesday, Nov. 4. Bob discusses the current juncture, Conquer the Crash II and more.
Robert Prechter on CNBC
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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.