Brent Crude, Heating Oil, and Gasoline are at or near their lowest carry yield, are at or near their lowest hedge fund position estimates and are the most “cheap and oversold” markets across all commodities. These 3 indicators point to a bounce in the Energy markets. However, the charts indicate that a further decline is possible.
MIAMI – As the Gulf Coast states prepare for impacts from Potential Tropical Cyclone Six, which is now spinning in the Gulf of Mexico, the National Hurricane Center (NHC) continues to track two more areas in the Atlantic that could become the next named storm of the 2024 Atlantic hurricane...
HOUSTON – The National Hurricane Center (NHC) is now tracking Potential Tropical Cyclone Six in the Gulf of Mexico, as millions of people living along the U.S. Gulf Coast from Texas to Louisiana are holding their breath and preparing to see what, if any, impact the developing system will have...
A tropical disturbance in the Gulf of Mexico dubbed Invest 91L has millions along the Texas and Louisiana Gulf coasts on alert as the system is likely to develop into a tropical storm or hurricane this week as the peak of hurricane season approaches.The National Hurricane Center (NHC) designated the...
The first half of the week looks quiet on the news front, with the US debate on Tuesday the 10th being something not market-related to watch. Later in the week, there are CPI, PPI, and a few other important releases.
Broadcom produced strong revenue and free cash flow results for its fiscal Q3. Moreover, management gave robust guidance for the next quarter. This means that AVGO stock is likely deeply undervalued today.
Updated at 10:30 a.m. ET on Sunday, Sept. 8. 2024A well-organized disturbance in the extreme southern Gulf of Mexico – officially tagged by the National Hurricane Center as Invest 91L – will likely combine with last week's big Gulf rain-making low-pressure system. The combo system could be named Tropical Storm...
The Feeder Cattle March, April calendar spread has hypothetically profited in 28 of the past 29 years when entered on September 12 and exited on February 12.