Is the Current Highly Volatile Market Really Bearish?

In the following article, Chris Ciovacco of Ciovacco Capital Management looks at the current market volatility compared to similar occurrences in past years to determine how much risk is in the market today.

Price Action Year-to-Date:- What Can We Learn from History?
Reference Points Provide Context
A December 2016 post highlighted similarities between late 2016/early 2017 and the 1994-1995 period.  The analogy proved useful in 2017 with stocks posting a rare low-volatility year that featured a strong bullish trend, which compared very favorably with the strong-gains/low-volatility year of 1995.

Is the Current Highly Volatile Market Really Bearish? Read More »

Guyana Map

Is Guyana Prepared For An Oil Boom?

It’s pretty much common knowledge that Socialism has destroyed the economy of Venezuela despite its abundance of oil. But we don’t hear much about its neighbor Guyana. One might guess that if Venezuela has oil Guyana might be similarly blessed. And it might finally be beginning its own oil boom. Today’s article by Viktor Katona for Oilprice.com looks at Guyana’s coming oil boom. 

Is Guyana Prepared For An Oil Boom? Read More »

Bitcoin and Oil

Why The Next Oil Boom Will Be Fueled By Blockchain

The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long.  But now, the new tech on the block has its sights set on the multi-trillion-dollar oil and gas sector. It’s official: Blockchain technology has infiltrated Big Oil. The hype behind blockchain has reached a full-blown frenzy. And for good reason.

Why The Next Oil Boom Will Be Fueled By Blockchain Read More »

After the 8 year Rally

A Correction or a New Bear Market?

Corrections are a normal part of any “Bull Market” and a 10% correction is necessary every now and then to shake out the “weak hands”.  Even a 20% correction can be no cause for worry. Today Chris Ciovacco of Ciovacco Capital Management looks at the recent correction and where the market now stands. Are we in for a new bear market or is this just business as usual for a bull market correction?

A Correction or a New Bear Market? Read More »

Oil in USA

Clean Oil That Only Costs $20 per Barrel?

Oil production has risen by 5 million barrels per day (bpd) since 2010, an increase of nearly 100 percent. New technology, particularly techniques in shale oil drilling, has opened up vast new opportunities for oil and gas companies.

The proof is in the numbers. In 2017, the United States averaged 9.3 million bpd. This year, the EIA predicts that U.S. oil and gas production will reach record levels, averaging 10.3 million barrels bpd to surpass the record reached in 1970 (9.6 million bpd).

Clean Oil That Only Costs $20 per Barrel? Read More »

Oil Rig

Could Oil Go to $100 a Barrel by 2019?

As we all know, gas and oil prices are a major component of inflation so a spike in oil prices could have a serious effect on prices overall. From 2012-2015 oil prices peaked several times around $100 per barrel but then in 2016 they fell dramatically to around $30. In 2017 they recovered slightly to hover around their long term average price of $43. Today Irina Slav of Oilprice.com looks at the possibility of oil prices returning to the $100 level. 

Could Oil Go to $100 a Barrel by 2019? Read More »

Telecommuting

Work From Home Trends To Expect In 2018

Working from home is more popular than ever as a new report has found that the number of remote or telecommuting workers has increased by 115% in a decade. As remote working gives employees more flexibility and allows them to have work-life balance, it appears that there is no shortage in remote job listings in fields such as real estate, mortgage, and accounting as they continue to grow every year. This year, the number of telecommuting workers is expected to increase with new trends in remote work on the horizon.

Work From Home Trends To Expect In 2018 Read More »

Gold

Big Picture Update on Commodities & Precious Metals

In the following article, Gary Tanashian editor of Notes from the Rabbit Hole (NFTRH), has compiled a series of year end charts to help us get a handle on several sectors that relate to inflation. These sectors include Gold and other Precious Metals, Commodities (CRB Index) , Oil,  Natural Gas, Industrial Metals, Agriculture, Copper, Uranium and more. 

Big Picture Update on Commodities & Precious Metals Read More »

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