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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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…" (AP) How could have oil experts gotten it so wrong?
Filed Under:
Crude oil, commodity bubble, OPEC
Category:
Energy
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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
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by
Nico Isaac
9/30/2008 4:15:00 PM
If ever there was a time for the cause-and-effect logic of conventional economic wisdom to play out in the real world, September 2008 was it. And Crude Oil was the market.
Filed Under:
Crude oil, Energy, Ike, Gas Crisis, oil war, dow jones industrial average
Category:
Energy
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by
Nico Isaac
9/15/2008 4:45:00 PM
Whatever account of Ike’s toll is closer to the truth, the main point doesn’t change: Any market participant who took the storm rages/oil rise-warnings seriously, found themselves licking their wounds as no crude oil price spikes followed. That very same “wisdom” also triggered a barrage of bullish oil forecasts from the energy in-crowd, a national outbreak of panic at the gas pumps, and price gauging -- ALL based on fear and speculation rather than facts...
Filed Under:
Category:
Energy
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by
Nico Isaac
9/3/2008 11:00:00 AM
Imagine reading all about Wall Street in comic book form. The superhero of the story would be the U.S. stock market. Who would be the bad guy? Well, if reporting by the financial press is any indication, the villainous Black Gold. The two characters stand at opposite extremes of light and dark, good and evil. If one is rising, the other must always be falling...
Filed Under:
Category:
Energy
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by
Nico Isaac
8/26/2008 4:30:00 PM
The energy in-crowd spends more time watching changes in climate patterns than Al Gore. Their main goal: Spot “bullish” storm activity in oil producing regions that could damage supply and therefore, spark a rise in prices. Problem is, hurricane activity means hooey to oil's overall trend...
Filed Under:
Crude oil, oil, hurricane, gustav, Energy
Category:
Energy
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by
Vadim Pokhlebkin
8/15/2008 8:15:00 PM
Now that oil has taken a 25% dive off that peak (in less than a month!), people are asking – why is the price falling, and so fast? And that's a very good question. Did the global demand for oil suddenly take a u-turn? Is there peace in the Middle East? Have speculators shifted their attention to other markets? Watch this free video for an Elliott wave perspective.
Filed Under:
Crude oil, Russia, Georgia, supply shortages, global demand for oil, Baku-Tbilisi-Ceyhan (BTC) pipeline
Category:
Energy
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by
Nico Isaac
8/6/2008 5:15:00 PM
Public (Economic) Enemy Number One -- the soaring oil market -- has been caught. The damage from its record-smashing rally contained. From their all-time July 11, 2008 peak, crude prices have plunged to a three-month low. One day before the FALL, our Specialty Service Energy Outlook acknowledged the market's downside potential...
Filed Under:
Crude oil, Energy, oil fall, geopolitical unrest
Category:
Energy
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Announcing EWI's New eBook ...
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 In this exciting new 34-page eBook, Jeffrey Kennedy shows you — using real-life market examples — how you can use simple, yet powerful, moving average techniques to better your own trading. *Includes Jeffrey's own unique Moving Average technique!
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© 2009 Elliott Wave International
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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.
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