XLU Weekly: Buy-Side Breakout From Multi-Week Balance, Price Discovery Higher To Test Key Supply – Utilities Select Sector SPDR ETF (NYSEARCA:XLU)

2019-12-21

In this article, we examine the significant weekly order flow and market structure developments driving XLU price action. As noted in last week’s XLU Weekly, the highest probability path for this week was for price discovery lower, barring failure of 63.58s as resistance. This week’s primary expectation did not playRead More →

Weekly Commentary: Crazy Extremis | Seeking Alpha

2019-12-08

Dr. Bernanke has referred to the understanding of the forces behind the Great Depression as the “Holy Grail of Economics.” But was the Great Depression chiefly the consequence of post-crash policy mistakes, as conventional thinking has come profess? Was it really a case of the Federal Reserve having grossly failedRead More →

XLE Weekly: Minor Price Discovery Lower From Last Week’s Resistance To 58.67s – Energy Select Sector SPDR ETF (NYSEARCA:XLE)

2019-11-30

In this article, we examine the significant weekly order flow and market structure developments driving XLE price action. The primary expectation for this week’s auction was for price discovery lower, barring failure of 60.40s as resistance. This week’s primary expectation did play out as buyers trapped early week within keyRead More →

XLF Weekly: Pullback Continued To 29.45s Where Buying Interest Halted The Corrective Phase From All-Time Highs – Financial Select Sector SPDR ETF (NYSEARCA:XLF)

2019-11-17

In this article, we examine the significant weekly order flow and market structure developments driving XLF price action. As noted in last week’s XLF Weekly, the highest-probability path for this week was for price discovery higher. This primary expectation did not play out, as balance developed early week around lastRead More →

NG Weekly: Initial Pullback Continued To 2.57s

2019-11-17

In this article, we examine the significant weekly order flow and market structure developments driving NG price action. As noted in last week’s NG Weekly, the highest probability path for this week was for price discovery lower barring 2.70s holding as support. This probability path did play out as aRead More →

XLE Weekly: Minor Price Discovery Lower To 59.34s Where Buying Interest Halted The Pullback – Energy Select Sector SPDR ETF (NYSEARCA:XLE)

2019-11-16

In this article, we examine the significant weekly order flow and market structure developments driving XLE price action. As noted in the XLE Weekly, the primary expectation for this week’s auction was for price discovery higher, barring failure of 59.87s as support. This week’s primary expectation did not play outRead More →

XLU Weekly: Price Discovery Lower To 61.48s As Structural Breakdown Unfolds From All-Time Highs – Utilities Select Sector SPDR ETF (NYSEARCA:XLU)

2019-11-10

In this article, we examine the significant weekly order flow and market structure developments driving XLU price action. The highest probability path for this week was for sell-side activity within the context of last week’s late sell excess, 64.50s-64.30s. This week’s primary expectation did play out as price discovery lowerRead More →

Oil on track for weekly gains

2019-10-25

Oil futures drifted into negative territory Friday, but remained on track for weekly gains as concerns over supply appeared to take over the spotlight from longer-term worries over global economic growth and the outlook for crude demand. West Texas Intermediate crude for December delivery CLZ19, +0.07%  on the New YorkRead More →

Weekly Gasoline Price Update: Regular And Premium Down

2019-10-16

By Jill Mislinski The price of Regular and Premium are down two and one cent each, respectively, from last week. According to GasBuddy.com, California has the highest average price for Regular at $4.16 and Louisiana has the cheapest at $2.22. The WTIC end-of-day spot price closed at 52.81, up 0.1%Read More →