51 Results
Energy Markets: More Volatility Ahead in 2019?
Updated: January 18, 2019
Energy analyst Steve Craig shows the trends and patterns in Crude and Natural Gas markets that defined 2018, and previews what to expect from here.Were You "Bucked Off" the Natural Gas Bullish Breakout?
Updated: December 13, 2018
In mid-September, natural gas prices seemed stuck in a narrow price range. But EWI’s Steve Craig saw the pattern for what it was: An opportunity. See his chart and forecast for yourself.Trump, Oil Prices, and Trendlines
Updated: November 20, 2018
To explain the big price move in crude oil, "Tricked" sounds more interesting than "trendline break." Even so -- the real question is, did the market tip its hand before the big move? See the answer for yourself in Chart of the Day.Crude Oil Clarity: Focus on This!
Updated: November 7, 2018
The chart below of crude oil looks at the final week of October. You can see that after a few days of sideways action, prices turned up on October 26. The question before traders that day was simple: Would crude's price keep rising?Crude Oil Plunges on ... Saudi Pledge? Not Even Close
Updated: October 29, 2018
AFTER a big move in oil ... there's always a "reason" to explain the price action. Yet Elliott wave analysis spotted a clear chart set-up in crude before it made headlines. See it for yourself right here.Oil Prices Vs. Production: Here's the Connection That Most Observers Ignore
Updated: October 17, 2018
"Supply-demand theorists glance at this graph and declare that the trend toward more U.S. oil production caused oil's price to fall. But the claim does not bear scrutiny."Why Oil Prices Fell -- Stockpiles or Price Pattern?
Updated: August 16, 2018
On August 15, crude oil prices plunged 3% to a two-month low. Many experts cited a shockingly bearish same-day inventory report as the catalyst. One look at these charts, though, and you'll see a very different side to the story.Crude Oil Sheds 3.2%: Two Ways to Look at What Happened
Updated: August 9, 2018
A curious thing happened to crude oil prices on Wednesday (Aug. 8). The market tanked 3.2%, but that's not unusual; the curiosity is in crude's fundamentals, which were said to have sent prices lower.Crude Oil: Bullish Spring Cycle -- or Something Else?
Updated: May 18, 2018
With gas prices approaching $3 a gallon, it's time to talk about the trend in crude oil. ElliottWaveTV asked Steve Craig, editor of our Energy Pro Service, for his take on the seasonal, political and other factors making the rounds in the oil market.Oil Prices: Here’s Why “Supply and Demand are Meaningless”
Updated: May 14, 2018
News stories say supply drives price, but it works the other way around. Changes in supply and demand are better explained by changes in price. See this in Chart of the Day.Crude Oil: Making Sense of the 3-Year High
Updated: April 19, 2018
With crude oil prices at a 3-year high, ElliottWaveTV sat down with our Energy Pro Service editor, Steve Craig, to ask him if factors like the rising oil rig count or global oil inventories influence his perspective. Steve's been bullish on oil -- get his latest take on crude, XLE and more.3-Year High in Crude: Why Syria is Only Part of the Answer
Updated: April 13, 2018
Spike in Crude: Political "Words of War" ... or, was a before-the-fact forecast unfolding? See for yourself the difference a chart makes.Crude Oil and U.S. Stocks: No Longer in Sync?
Updated: March 29, 2018
There was a time (not long ago) when market observers talked about a correlation between oil and stocks. Recently, however, oil seems to be doing its own thing. ElliottWaveTV asked our Energy Pro Service editor, Steve Craig, for his take.Oil Prices Vs. Production: See the “Elephant” Almost Everyone Ignores
Updated: March 27, 2018
Many oil traders are often on the wrong side of the trend at major market turns. Why? They base their trading decisions on a faulty premise regarding oil prices and production. Get the insight you need to know.Volatility: What It Implies for Energy Markets
Updated: February 26, 2018
When the Dow shed a quick 10% and cryptos crashed a few weeks ago, how did crude oil, natural gas and energy ETFs fare? ElliottWaveTV asked Steve Craig, editor of our Energy Pro Service, if volatility is the new reality in his markets, too.What's the Real Reason Behind Falling Oil Prices?
Updated: February 9, 2018
Is there really a connection between the drop in the stock market and falling oil prices? Our Energy Pro Service editor, Steve Craig, gives ElliottWaveTV some illuminating answers.Oil Above $66: Will Rising Supply Kill the Rally?
Updated: January 26, 2018
The recent IEA report suggests U.S. shale oil production will see "explosive" growth this year. Our ElliottWaveTV spoke with Steve Craig, our Energy Pro Service editor, to ask how he factors that into his short- and long-term price forecasts.Oil and Stock Prices: Challenging a Widely Held Belief
Updated: January 24, 2018
Is there a negative correlation between oil and stock prices? This chart puts a widely held assumption to the test.Crude Oil: Fueled Up For A Fall?
Updated: January 9, 2018
See the chart that shows you what sentiment in the crude oil market looks like -- and it does have a LOT to show.Crude Oil Pushing $60 a Barrel: More to Come?
Updated: November 29, 2017
Those who blame "cold weather" for rising oil prices should remember that crude had no problem falling as low as $26 a barrel in Q1 2016…smack dab in the middle of winter. To shed some Elliott wave light on the recent rally in crude, we invited our Energy Pro Service editor to the ElliottWaveTV studio. Watch Part 1, where Steve Craig explains his take on what's going on.Crude: "A Slow But Steady Grind"
Updated: November 16, 2017
Steve Craig, the editor of our Energy Pro Service, discusses recent price action across crude oil and natural gas. Watch this new interview below to learn why he believes recent price action is significant.Crude Oil, Natural Gas & More: How to Spot High-Confidence Junctures
Updated: October 17, 2017
Steve Craig, our Chief Energy Analyst and editor of our Energy Pro Service, tells you how he stays on top of the ebbs and flows in energy markets. (Spoiler alert: Keeping an open mind and following Elliott wave rules is a good start.)Natural Gas: When 5 Waves Down Mean... Up!
Updated: October 13, 2017
Regardless of your method, it's hard to forecast a range-bound market. Yet, even corrections have internal order, despite their "messy" appearance.Why the Oil Market Ignored Economics 101 When It Comes to Harvey
Updated: September 1, 2017
Economics 101 says a reduction in supply causes prices to rise. So why did oil prices fall after Hurricane Harvey ravaged the Gulf, shut down ten oil refineries and stopped between 380-780 million barrels of oil per day from being produced? Social mood has the answer.Oil Prices Fall... DESPITE Hurricane Harvey?
Updated: August 31, 2017
When Hurricane Harvey struck straight into the heart of U.S. oil country on August 25, many mainstream financial experts saw no way for oil prices to go but up. But instead, crude oil crumbled. Turns out, there's more to this market than weather patterns.Harvey's Here. So Why Are Oil Prices Lower?
Updated: August 29, 2017
If supply disruptions cause oil prices to go up, can you tell when on this chart the most destructive hurricane in U.S. history arrived?Crude Oil, Market Sentiment - And What We Pay at the Pump
Updated: August 17, 2017
Mainstream experts watch the 'delicate balance' in supply/demand. But you can see we see in sentiment and the Elliott wave charts...Energy ETFs: What You Need to Know
Updated: August 10, 2017
Steve Craig tells you about energy ETFs and explains how they let you gain exposure to energy markets without the leverage involved in futures trading.A New Twist on "Peak Oil"
Updated: July 31, 2017
In the mid-2000s, the world feared it was running out of oil. Speculators, in turn, became feverishly bullish on oil's price. A 78% crash soon followed. Now, the phrase "peak oil" has been re-introduced, but in a different way.Crude Oil Prices: Jumping on the Wrong "Freight Train"
Updated: July 20, 2017
Some trends pull prices like a freight train, and jumping on the wrong one can cost you dearly. That's why, in the Elliott wave approach, identifying the trend is paramount. Let's look at crude oil prices as an example.How Price Action in Energy ETF Preceded Sell-Off in Crude Oil
Updated: July 5, 2017
On Feb. 4, 2017, a major financial publication proclaimed: "Oil Prices Headed Higher in 2017." Conversely, one day earlier, EWI's energy analyst said "we need to respect the possibility that a significant top is in place." That top remains intact.Crude Oil Sinks 20%: Why "Oversupply" Isn't the Half of It
Updated: June 22, 2017
On January 1, OPEC and Co. sealed a deal to slash crude oil supplies and by proxy, keep prices afloat. And yet, on June 20, crude raked in its worst first-half of a year since 1997. We think there's a simple reason why.Crude Oil Opportunity: Cut to the Front of the Line
Updated: June 15, 2017
Dear crude oil traders, the key to the market's next big move isn't in the next inventory report, or OPEC supply cut, or (fill in the blank). It's on the market's price chart, right now!New Evidence that Oil Prices Follow the Elliott Wave Model
Updated: June 15, 2017
On June 14, the price of U.S. oil fell below $45 a barrel, and some are blaming the slide on oversupply. But, is that the real reason? See how the Elliott wave model has been highly useful in staying ahead of oil's trend turns.Crude Oil: More Than Just a Case of "Buy the Rumor, Sell the News"
Updated: May 26, 2017
Before the May 25 OPEC meeting, crude oil price rose to $52 a barrel. And then, as the meeting statements were released, crude sank more than 5%. You could say it's a classic case of "buy the rumor, sell the news." But we believe there was another pattern at play here.OPEC or Not, Crude Oil Prices Will Go 'Here'
Updated: May 19, 2017
See why our Chief Energy Analyst believes that regardless of what OPEC does, it's unlikely to change oil's dominant trend.Crude Oil: The "Upshot" of Missile Strikes and Tight Supply Data
Updated: April 19, 2017
In the aftermath of the April 7 missile strike on Syria in retaliation of President Bashar al-Assad's chemical weapons attack, the mainstream financial experts agreed: "The geopolitical premium [for oil] is on the rise." And yet, oil prices have faltered since, plunging 4% on April 19. What gives?Energy Volatility: What to Expect Next
Updated: April 12, 2017
Steve Craig, the Editor of our Energy Pro Service, explains that when looking across the energy complex, 2017 is playing out according to his Elliott wave script.Oil Rigs and Oil Risks: What's Next for the "Boom-Bust" Cycle?
Updated: April 11, 2017
The search for recoverable crude never stops. But, the search is more active at some times than at others -- drilling for crude is immensely expensive and full of risk. Yet here's what is especially relevant to our forecast: The search for crude is a collective activity. So it's no surprise that the oil rig count reflects a textbook Elliott Wave pattern. See it for yourself on our unique chart.Crude Oil: A Better Way to Explain the Sharp Dip
Updated: April 6, 2017
Crude oil prices fell sharply on April 5. Analysts blamed the dip on a surprise jump in U.S. crude inventories. But take a look at this chart before you accept that explanation.Energy: EWI's Chief Oil Analyst Reveals When Elliott Is at Its Best (Part 2)
Updated: August 22, 2016
In part 2 of our in-depth conversation with Steve Craig, Elliot Wave International's Chief Energy Analyst, he reveals why the volatility in crude oil and natural gas keeps him excited about the markets he covers.Energy: EWI's Chief Oil Analyst Reveals When Elliott Is at Its Best (Part 1)
Updated: August 19, 2016
Energy Pro Service editor Steve Craig has established himself as one of the world's most accurate forecasters of oil prices. In this short chat with ETV, Steve reveals how he came to EWI and, importantly, how he uses the Wave Principle to keep his subscribers ahead of the massive moves in crude and nat gas (5:01).Case Study: Successfully Forecasting Crude Oil from 2014 to Today
Updated: July 14, 2016
The facts and evidence are clear: When emotions run high, Elliott waves are at their best. Case in point: Crude oil from 2014 to today. See Prechter's mind-boggling chart and forecast for yourself.Opec Meeting: Just One Piece of the Crude Puzzle
Updated: May 27, 2016
Our Chief Energy Analyst explains that although eyes are on the upcoming June 2 OPEC meeting, market psychology is what really makes crude prices ebb and flow."We are not quants" -- and Here's Why It Matters
Updated: November 18, 2015
You've probably heard of "quants," or quantitative analysts. You may also know that we've been developing our own AI system we call EWAVES. In this interview, learn what makes EWAVES different.EWAVES Developer: "We are not quants" -- and Here's Why It Matters
Updated: November 18, 2015
You've probably heard of "quants," or quantitative analysts. You may also know that we've been developing our own AI system we call EWAVES. In this interview, learn what makes EWAVES different.Updates on Metals, Copper & More
Updated:
This episode features our latest ElliottWaveTV mailbag, new insights into the recent price action across the metals markets, plus learn how psychology determines energy market trends.Metals, Bitcoin & Oil Prices
Updated:
According to our Senior Metals Analyst: "Metals have blown up." Learn what to expect next ... EWI first discussed Bitcoin when the electronic currency traded at six cents. Prepare now for some major "crypto-drama" ... Hurricane Harvey hit and Hurricane Irma is on the way. Will they send oil prices higher?Europe, Metals & Energy – New Forecasts & Analysis
Updated:
New insights from our European Markets Expert Brian Whitmer. Plus, learn what momentum is signaling across the metals markets. And lastly, this is why it's important to keep the bigger market trend in mind -- case in point: crude oil.North Korea, Gold, European Trends and More
Updated:
Financial writers often make the news "fit" the price action of a market -- first we explore tensions with North Korea and gold's rising price. Next we reveal the biggest sign a key European sector is overheating. Plus, our Chief Energy Analyst discusses the two types of energy ETFs to be aware of.Commentary on the Dow, the Fed and Crude
Updated:
August was the worst month for the Dow in five years, yet many investors remain optimistic about stocks. If a bear market has started, history shows that many of these investors will hold all the way down. EWI correspondent Bob Stokes reports. Bob Stokes brings us our next report on the Fed. The only thing the Fed has to show for its purchase of $1.5 trillion worth of Treasuries (also known as QE) is a high-priced stock market. Now even that may be crumbling. And now the credibility of the central bank is on the line. Many energy market observers say "oversupply" explains oil's price plunge. Others blame the financial turmoil in China. However, we at Elliott Wave International see a rare trend at work that you need to know about. Our last report today also comes from correspondent Bob Stokes.51 Results
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