Category Archives: Oil

Energy Market Near Seasonal Top

Category: Newsletter, Oil | No Comments

Since we forecasted the early 2016 low with Oil near $26, we have remained long term Bullish. In late 2018 we projected an intermediate correction low in this Oil Bull market down to the lower $40’s and later we targeted a rebound above $60 in the Spring. Recent minor projections…

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Oil Has Bottomed

Category: Newsletter, Oil, Speculator, Stock Market | No Comments

While a renewed intractable Trade War with China and a US recession would ruin our call for an important bottom in Oil prices in the $40’s, we feel the extreme pessimism among Money Managers in December regarding Texas Tea will provide support for Oil. The implication of this perspective is…

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Frackers Trump OPEC

Category: Newsletter, Oil | No Comments

Frackers rule! The House of Saud may want to stabilize Brent Oil above $60 or $70 a barrel, but OPEC and Russia no longer control prices and haven’t since the 2015 energy recession. Every time OPEC cuts production they essentially transfer that lost output as a gift to the US. Despite our long…

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