Mar 23 2017 @ 09:23
Oil prices dropped by 10% last week, with the news of the North American production being stronger than expected. This news triggered the oil market’s price volatility. The volatility of the international oil markets fell from September 2016 to January 2017. The expected output cuts from OPEC countries including Russia caused the expectancy of crude […]
Feb 22 2017 @ 07:20
As we already know, the OPEC members have finally agreed to cut production in November; followed with the non-OPEC countries in December 2016. For the moment, the deal is valid for six months but there is more supply in the world than the oil itself, evidently effecting the oil prices. For this reason, the agreement […]
Feb 17 2017 @ 11:04
The labour market in the US remains hot and consumer spending is strong. It is vital for Yellen to decide when it is the right time to raise rates in order to cool down the US economy. As early as March or June? The interest rate decision is just a question of time, like she […]
Feb 10 2017 @ 05:09
The Organization of Petroleum Exporting Countries; OPEC is an intergovernmental organization of 13 oil exporting countries from around the world. The aim of the organization is to coordinate and consolidate the energy policies of its Member Countries and guarantee the stabilization of oil markets. This way, OPEC will be able to protect the efficient supply […]
Feb 01 2017 @ 01:48
Super Trading Strategies – Tapping the Hidden Treasure in the Markets “So much to know, so much to earn So much wisdom to seek and learn If we raise our hands, we’ll touch the sky Our beds are low, our dreams are high…” – Niyi Osundare I was born into a poor family of many […]
Jan 27 2017 @ 06:49
Gulf Keystone shares (
LSE:GKP) have formed a strong base. The outlook is bearish in the long-term and neutral in the short-term. The current base started in September 2016, and it has held out till now. The position of the ADX period 14, its DM+ and DM-, points to a trendless market. The position of the […]
Nov 29 2016 @ 18:45
Pantheon Resources stock (
LSE:PANR) has gapped down in a an equilibrium market. The market went gradually downwards in August and September 2016, and then gapped down recently. Right now, The ADX period 14 is below the level 20, still reflecting the recent equilibrium phase in the market (though the ADX line would rise upwards any […]
Nov 09 2016 @ 04:53
Nu-oil & Gas stock (
LSE:NUOG) has gone through the roof, as price rallied massively, beginning from October 2016, and maintaining that bullishness till now. The market formed a strong base for most months of this year – something that was ended abruptly in October. The market is in an uptrend, and 4 EMAs are used […]
Nov 01 2016 @ 19:20
Gulf Keystone shares (
LSE:GKP) has been weak for years, and there is no end in sight for the weakness because the stock would eventually become a penny stock. It is not uncommon for the market to move sideways, drop further, then move sideways, and then drop further. Here, rallies ought to be temporary and seen […]
Oct 26 2016 @ 05:09
Genel Energy Shares (
LSE:GENL) are currently indecisive. The market has been in a kind of consolidation since August, following the bearish run that was witnessed in July 2016. Price currently hovers between the upper and lower Trendlines. Though price has gapped downwards recently, but the gap would soon be filled. The extant gap has pushed […]