Is Black Gold Entering a Bearish Phase?

Source: Avigator Fortuner, Shutterstock Summary Recently, WTI Crude Oil plunged on demand concerns due to new pandemic curbs, however reversed sharply after Suez Canal was blocked. Germany and France expected to extend lockdown restrictions du...

3 US listed Renewable Energy stocks with interesting chart patterns

Source: Eviart, Shutterstock Summary Sunpower Corp. prices are trading above the crucial upward sloping trendline support on the weekly chart. Sunpower Corp. prices hold the 61.8% Fibonacci retracement level and delivered multifold returns in...

Two NYSE-listed stocks benefiting from natural gas price rally

es are getting crucial support from the Parabolic SAR indicator.   The NYMEX Natural gas has climbed almost ~49 percent from its 28 December 2020 low of USD 2.238 to a high of USD 3.316 levels made on 17 February 2021. The analysis of the c...

Will the US Markets Continue Bullish Momentum?

Source: Mike Flippo ,Shutterstock Summary The S&P 500 has broken the major resistance zone on the weekly chart and now prices are getting major support from the Parabolic SAR indicator. On the weekly charts, the S&P 500 is trading...

Dollar Index Rooted to Head Further South or Reversal is on Cards?

Source: Leckamon, Shutterstock Joe Biden has taken the oval office on 20 January 2021. Post that the market participants have been on the lookout for the reassessment of risk and return attributes in many financial assets. The U.S dollar is one...

Crude Oil at One Year High; Stocks Under Radar - BP Spon & Exxon Mobil Corp.

In the last couple of weeks  WTI crude oil prices have surged on account of  a production cut that was announced by the OPEC+ members coupled with a deep halt in the U.S. South that shut wells and oil refineries in Texas. World crude oil ...

Bitcoin Surpasses USD 52k Mark, More Steam Left in the Crypto Asset?

Bitcoin has beaten all the major asset classes hands down in 2021. The digital currency has had good momentum coming into the new year. It has surpassed the level of USD 50,000 and establish a record high of USD 52,433.0 on Bitfinex (as on 18 Februar...

Berkshire Hathaway Jumps on Crude Oil Bandwagon, Invests in Chevron

The market oracle, Warren Buffet is now jumping on the oil bandwagon with Berkshire Hathaway investing in Chevron Corporation (NYSE:CVX). The investment by Berkshire Hathaway in Chevron, which started from third quarter last year, has now reached ~ U...

Are Energy Stocks Better Alternative to Tech Stocks?

On the weekly chart, NASDAQ 100 Technology Sector Index has broken out of its upward trend line (orange line in the below chart) at 7,560.70 and made a new lifetime high of 8,121.84 (as on 08 February 2021). The index price is trending upward, form...

Tesla jumps on Bitcoin bandwagon, how is the crypto currency looking on charts?

A big shot in the arm for Bitcoin bulls, the world’s biggest automobile company, by market cap, Tesla has invested USD 1.5 billion in Bitcoin. Copyright © 2021 Kalkine Media Pty Ltd The twitter discussion between Michael J. Saylor (Co-...