Traders and speculators who attempted to predict a bottom for oil prices faced significant losses in 2015, and their situation worsened in 2016. The weekly closing price falling below $32 negated any potential bullish signals that oil may have been attempting to signal in 2015. On the fundamental front, there seems to be no respite … Read more
Unravelling the Oil Crash of 2016: Causes, Impacts, and Lessons Learned The year 2015 proved to be challenging for speculators attempting to time the oil markets. Oil consistently pierced through each support level, reminiscent of a hot knife slicing through butter. Despite occasional glimpses of a potential rally, it would inevitably fade, causing oil prices … Read more
Essentials of Understanding Psychology The following articles will provide those willing to learn, everything they ever wanted to know about mass psychology and investing. The study of market sentiment is incredibly useful in determining market tops and bottoms in advance of the event. All it takes is some patience and the desire and drive … Read more
A man, when he wishes, is the master of his fate. Jose Ferrer While oil continues to drop, there is one sector connected to the oil market that is doing rather well. It is the oil tanker sector, and while oil is trading at 11-year lows, many stocks in this sector are already posting double … Read more
Longest Bull Market Destined To Trend Higher The markets are not free; corrections end at arbitrary points. In other words, the top players decide when the markets will correct and how far they will drop and or rise. This is why we focus on the trend and not absolute price targets as almost all … Read more
He that lives upon hope will die fasting…Benjamin Franklin A man had constant dizzy spells and searched everywhere to find a cure. He told a close female friend about it, who advised, “Walk around the block four times on Sunday afternoon.” The man followed the advice, and then complained to his friend, “I did … Read more
Oil Tanker Stocks Rally: NAT & FRO Lead the Way Oil may be tanking, but the oil tanker industry is out of the dumps; look at the chart below. You can see that most stocks in this sector are trending upward. One of the plays that stand out is Nordic American Tanker Shipping (NAT); some … Read more
