Midweek Natural Gas Forecast – May 6, 2015
It is hard to deny the strength of the natural gas price rally over the past two weeks. Last week’s bullish engulfing line, April’s bullish hammer and morning star setup, and bullish daily divergences on the KasePO, KaseCD, MACD, RSI, and Stochastic are all technical evidence that the move down may finally be complete. However, … Continue reading Midweek Natural Gas Forecast – May 6, 2015
Brent Crude Oil Nearing Key Decision Point
Brent crude oil prices will likely test a key decision point at $68.0 this week. This is the 1.00 projection for the wave up from $50.1, and a confluent projection for the sub-waves up from $53.63. A close over $68.0 would confirm that a long-term bullish recovery is underway. Narrowing calendar spreads support the move … Continue reading Brent Crude Oil Nearing Key Decision Point
Midweek Natural Gas Forecast – April 29, 2015
For the second week in a row natural gas futures gapped lower on Monday. This might be an exhaustion gap, which in many cases signals the end of a long and drawn out trend. The top of the gap at $2.555 has been overcome as of Wednesday midday, and a close over this would call … Continue reading Midweek Natural Gas Forecast – April 29, 2015
Kase on Entrepreneurship
On tax day, ironically, I was asked to comment on a number of issues relating to entrepreneurship, and the pros and cons in a range of areas – what was lost and what was gained. As those of you who have been following my writing know, I don’t like to look at life in terms … Continue reading Kase on Entrepreneurship
Bullish WTI Crude Oil Formation May Fail
June WTI crude oil has oscillated in the range of a broadening wedge over the last eight trading days. The pattern is bullish, but the euphoria of WTI’s recent price surge is waning. Mixed technical and fundamental factors indicate the pattern will fail if the $58.41 swing high is not overcome soon. Key technical support … Continue reading Bullish WTI Crude Oil Formation May Fail
Midweek Natural Gas Forecast – April 22, 2015
Natural gas futures nearly filled Monday’s gap down from $2.625. This is crucial resistance because it is near the 38 percent retracement from $2.949 and the confirmation point of April 15th’s morning star. A close over $2.625 would call for the upward correction to extend and challenge key resistance at $2.77. We still think resistance … Continue reading Midweek Natural Gas Forecast – April 22, 2015
5 Tradeoffs Entrepreneurs Must Make to Achieve Success
by Erik Episcopo with comments from Cynthia Kase Read on BusinessPlanToday.com To many, entrepreneurship is a romantic concept. You can be your own boss, experience the freedom of self-management, accumulate material wealth, and live glamorously. Could it be too good to be true? Not necessarily — any successful business owner will tell you that all of … Continue reading 5 Tradeoffs Entrepreneurs Must Make to Achieve Success
Technical Patterns Still Call for ULSD Price Rise
NY Harbor ULSD May futures fell to 187.35 on Monday, but the decline is corrective and forms an intraday bullish pennant (not shown). Support at 182.7, the 38 percent retracement from 166.53 should hold, though an extended correction to the 62 percent retracement at 176.5 would not be out of the ordinary at this point. … Continue reading Technical Patterns Still Call for ULSD Price Rise
5 Steps to Getting Investment Risk Under Control
by Cynthia A. Kase Read on FEI Daily Without investment risk none of us would make any money in the markets, but managing trading risk as a financial executive is a lot more complicated than one might like. Often risk limits are set arbitrarily and impacted by trader performance, units traded, the typical risk per … Continue reading 5 Steps to Getting Investment Risk Under Control
Midweek Natural Gas Forecast – April 15, 2015
May natural gas futures stalled at $2.475 after meeting the 0.618 target for the wave $2.949 – 2.583 – 2.719. A close over $2.576 will complete the bullish morning star and a close over $2.624 would confirm it. In addition, the confirmed bullish KaseCD divergence and second class long KEES permissions indicate the upward correction … Continue reading Midweek Natural Gas Forecast – April 15, 2015
