A momentum trading strategy would have made sizeable profits for traders and investors in the recent crude oil price recovery, which has seen crude oil WTI price rise from $15.06 in late April to $31.9 at the time of writing this piece. Put another way, momentum trading/investing crude oil, at best entry and exit levels would have yielded a 100% return on capital, and if the trade was leveraged by say 10, those returns would have been...
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Could the no-nonsense investment advice of late Marty Zweig, “don’t fight the Fed,” help investors and traders navigate these treacherous markets. Zweig had a simple investment philosophy, “don’t fight the Fed” For those following that advice there was a pot of wealth to be gained by participating in the Fed-induced stock bull market, which followed the financial crisis of 2008 and the Great Recession. Don’t fight...
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Is the bear market rally over? The S&P is trading a significant 30% above its March 23 lows and there are varying views that this is not a bear market rally but the beginning of a bull market. It is worth noting that bear market rallies are not uncommon History is full of instances of bear rallies that eventually surrender to yet another, lower bottom. For example, the 1929 stock market crash is an example of an impressive 47%...
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Is the recent crude oil price recovery, a rally with lights? In the last two days from April 23, Tuesday’s settle of $11.57 to Thursday’s settle West Texas Instruments (WTI) has gained 42.6%. As usual, there is a mixed bag of views as to whether the recent crude oil price recovery will continue going forward, albeit into the next month. Goldman Sachs, a recently turned oil bull is touting the view that the recent crude oil price...
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