Senior Broker Andrew Pawielski covers highlights from the EIA’s November 2016 Short-Term Energy Outlook.
Senior Broker Andrew Pawielski covers highlights from the EIA’s October 2016 Short-Term Energy Outlook.
Our Heating Oil position is continuing to move in our favor another session. This spread position just put in another low @ -.1582 (That is 702 ticks or $2948 of profit before fees). The January heating oil has an expiration of 12/31/15. So we do have a small window of time left on this trade.
Look at the breakdown in heating oil today! We are hitting on 15 year low prices in this spread relationship. Our position is really moving in our direction. At the time of this update the spread position traded last @ -.1332 (+$1898 before fees.) I wanted to provide an update on our position and see where we may go from here.
I wanted to give an update on the basket of spreads we are holding from our Market Action Alerts. Overall we are looking good on the positions. Below you will see updated charts showing the spread entry, risk and price action. If you have any questions on these trades, please feel free to reach out to me. Stay tuned for more spread opportunities in the future.
This video will cover highlights from the EIA’s November 2015 Short-Term Energy Outlook.
An impressive stock market rally has continued in the face of mixed US economic data, China continues to show signs of weakness, and the Euro zone isn’t sure if it needs more central bank assistance.
Senior Broker Andrew Pawielski reviews CME’s Chief Economist Blu Putnam’s report that focuses on 8 factors that could drive the energy markets in 2016.
This weekly feature examines chart formations, along with technical indicators, of two to three commodity markets. Breakouts of these formations may lead to trading recommendations published by the Trade Spotlight advisory service.
Recently a talking head on a major television business program was lamenting the ongoing pressure on equities due to the weakness in energy-related shares.