Energy Futures Update

News & commentary on Energy Futures markets including Crude Oil WTI, Crude Oil Brent, Heating Oil, Gasoline RBOB, Natural Gas & more.

Energy Futures Update is a blog dedicated to bringing updates, news and commentary on energy futures markets including Crude Oil WTI, Crude Oil Brent, Heating Oil, Gasoline RBOB, Natural Gas and more.

This blog is brought to you by Zaner Group, one of America's oldest family-owned and operated futures and forex brokers.  Zaner provides a wide range of services from research and recommendations to the execution of all your futures needs.

We invite you to join the thousands of other Zaner clients that have enjoyed our services.  Click here to learn how to open an account with Zaner.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss.  These recommendations are a solicitation for entering into derivatives transactions.  All known news and events have already been factored into the price of the underlying derivatives discussed.  From time to time persons affiliated with Zaner, or its associated companies, may have positions in recommended and other derivatives.


Posted on 5/4/2016 6:44:44 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 


Posted on 5/4/2016 6:40:10 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 


Posted on 4/27/2016 6:32:32 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 


Posted on 4/27/2016 6:32:24 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 


Options Play: Unleaded Demand Outpacing Supply

Posted on 4/25/2016 8:55:40 AM by: Matt McKinney, Market Strategist @ Zaner. 312-277-0115.

Direct-312-277-0115, http://www.mmckinneyfutures.com/

TRADING COMMODITY FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS. YOU SHOULD CAREFULLY CONSIDER WHETHER TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR CIRCUMSTANCES, KNOWLEDGE AND FINANCIAL RESOURCES.

 

Options Play: Unleaded Demand Outpacing Supply

 

RBOB Unleaded Gasoline, A Bi-Product of WTI Crude Oil Is Being Consumed At Faster Clip Than Last Year At This Time.

 

Fundamentally, consumers are using Unleaded Gasoline currently at a clip that is well ahead of last year at this time. In fact, before it's all said and done we could have an all-time record year in terms of demand for the bi-product of Crude Oil.  

Prices for WTI Crude Oil itself are low enough now that we are exporting our black gold out of the Gulf Of Mexico to countries like China, Germany, and France. Not surprising considering we frack and drill the highest quality in he world.

Technically, on the daily chart below I have placed my favorite technical indicators.  I call this combination of indicators the "10/20/50/BB/ Trend Finder" strategy. They are the 10 day Simple Moving Average (SMA, red line), the 20 day Simple Moving Average (SMA, green line), and the 50 day Simple Moving Average (SMA, royal blue line). I have also added the Bollinger Bands (BB's, light blue shaded area) and Candlesticks (red and green bars with the wicks).

At the current price for WTI Crude Oil on the daily chart below the market is holding just above the near term support of the 10 day SMA. Notice the 10 day SMA has recently crossed up and over the 20 day SMA which was the start of a PRINCIPAL TREND up. 

This PRICIPAL TREND up occurs after the 10 day SMA crosses up and over the 20 day SMA. The PRINCIPAL TREND up continues as both indicators point upward on fairly sharp angles and the market uses the 10 day SMA as support, bouncing up and off of he indicator to make new highs each time the market pulls down.

 

 

 

My indicators on the daily RBOB Unleaded Gasoline chart below show me a market that is poised to make new highs if it can close above the previous high. As it stands now, after 5 up days out 5 trading days and a cross of the 10 day SMA up and over the 20 day SMA the first two items of a PRINCIPAL TREND have occurred; the cross and the support. 

 

I figured this out by placing my favorite indicators on the charts and studying them which I found at: http://www.markethead.com/2.0/free_trial.asp?ap=mmckinne , which is a web application that we have developed for our clients called MARKETHEAD where I get about 80% of all my research from. That means I get both technical and fundamental research from this web app and I am a veteran series 3 Broker of 18 years. So if I'm using it then maybe my readers should check it out. Yes? 

 

 

Option Play:  

For exact details on a potential strategy including risk, months, expiration dates, strike prices, and number of positions feel free to contact me at 312-277-0115 or mmckinney@zaner.com. In addition, I am by no means "married" to a market. I like to make trade recommendations to my clients in the direction of the existing trend whether the market be the precious metals, currencies, financials, softs, or grains.

 

CME Options On Futures: The Basics: http://www.zaner.com/offers/?page=9&ap=mmckinne

 

FREE QUOTE- "Opportunity is missed by most people because it's dressed in overalls and looks like work." -Thomas Edison



 

 

FUTURES, OPTIONS AND FOREX TRADING IS SPECULATIVE IN NATURE AND INVOLVES SUBSTANTIAL RISK OF LOSS. THESE RECOMMENDATIONS ARE A SOLICITATION FOR ENTERING INTO DERIVATIVES TRANSACTIONS. ALL KNOWN NEWS AND EVENTS HAVE ALREADY BEEN FACTORED INTO THE PRICE OF THE UNDERLYING DERIVATIVES DISCUSSED. FROM TIME TO TIME PERSONS AFFILIATED WITH ZANER, OR ITS ASSOCIATED COMPANIES, MAY HAVE POSITIONS IN RECOMMENDED AND OTHER DERIVATIVES.

FOR CUSTOMERS TRADING OPTIONS, THESE FUTURES CHARTS ARE PRESENTED FOR INFORMATIONAL PURPOSES ONLY. THEY ARE INTENDED TO SHOW HOW INVESTING IN OPTIONS CAN DEPEND ON THE UNDERDLYING FUTURES PRICES; SPECIFICALLY, WHETHER OR NOT AN OPTION PURCHASER IS BUYING AN IN-THE-MONEY, AT-THE-MONEY, OR OUT-OF-THE MONEY OPTION. FURTHERMORE, THE PURCHASER WILL BE ABLE TO DETERMINE WHETHER OR NOT TO EXERCISE HIS RIGHT ON AN OPTION DEPENDING ON HOW THE OPTION'S STICKE PRICE COMPARES TO THE UNDERLYING FUTURE'S PRICE. THE FUTURES CHARTS ARE NOT INTENDED TO IMPLY THAT OPTION PRICES MOVE IN TANDEM WITH FUTURES PRICES. IN FACT OPTIONS PRICES MAY ONLY MOVE A LITTLE.

THE LIMITED RISK CHARACTERISTIC OF OPTIONS REFERS TO LONG OPTIONS ONLY AND REFERS TO THE AMOUNT OF THE LOSS, WHICH IS DEFINED AS THE PREMIUM PAID ON THE OPTION(S) PLUS COMMISSIONS.


Posted on 4/20/2016 7:12:46 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 


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