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The day is finally here and today is my last markets note for OANDA. To the assembled journalistic army of the financial markets and beyond, upon whom my writings have been foisted, thank you all for...
Long-time Sloper LZ wrote me again with some interesting charts, prompted by the fact that today’s volume the SPY was literally the lowest of the entire year. (And it isn’t because...
In last month’s nonfarm payrolls preview report, we noted that the US jobs market was, “still producing a consistently solid number of new positions, with employers competing to offer...
Many market participants concluded that Intel's (NASDAQ:INTC) disaster would be Advanced Micro Devices' (NASDAQ:AMD) boon. Perhaps in the same way that Samsung's (KS:005930) devices catching fire...
As we hit the slow days of summer, here are three important issues that should be on every oil trader’s radar.1. Yesterday’s OPEC+ MeetingThe OPEC+ group met virtually on Wednesday and, as...
US gas futures face bearish pressure as output rises, summer heat wanes $8.50 could be a resistance; with a break beneath $7.50 opening the door to $6.50 Freeport stays a factor, though a faster...
For the moment, the stock market continues to defy the notion that inflation or slower economic growth is hurting US businesses. Corporate earnings have slightly underperformed, but the stock market...
Yesterday was a a topsy-turvy day in the oil market as traders weighed conflicting news on supply.First, traders were expecting a modest increase of 100k-400k barrels per day (bpd) to OPEC’s...