FPS_Denny

FPS_Denny

As previously iterated in my writings on crude oil NYMEX:CL1! here and here , my opinion is that conditions favor a bull market in energy products. Crude Oil has gained a few points since the time of publishing, and Natural Gas NYMEX:NG1! appears poised to follow suit. As seen below, most energy markets ( NYMEX:CL1! , NYMEX:NG1! , ICEEUR:BRN1! , ...

FPS_Denny

Pt 1 found here . This is an extremely critical market at this time. What must be understood, is NYMEX light crude oil is not its' own independent market, but rather a BENCHMARK for a larger market for crude oil globally, and its' derivatives. Consider a Kenyan bank, that owns a loan on a Kenyan gas station. What is the best instrument to hedge their investment?...

FPS_Denny

Crude oil is a very complicated market at this time - difficult to see through the fog. Given the second Trump presidency in January of 2025, Russian sanctions on exports and an ever complicated situation in the Middle East, the market appears virtually untouchable. So let's break it down. Given that Trump has been granted a second term as president as of the...

FPS_Denny

In the news today is the Japanese Yen, as it approaches critical resistance at the 146 level. The market has steadily been making new highs on the daily level this year, having just exceeded the July high. As seen in the chart above the market has moved quickly through levels of resistance, now breaking a downtrend line from the major Oct 22' high. See below a...

FPS_Denny

Many would like to perceive the pause in interest rates by the US Federal Reserve as a bullish take for markets at large. However the forward direction by Powell signals towards the bigger picture; inflation cannot be stopped by the Fed. March 2022, shortly after the invasion of the Donbas region by Russia the Fed began significant hikes in the Discount rate. See...

FPS_Denny

Weekly Long Position on AMEX:BOIL A new major low was observed in this market on May 30th The security of interest is $NYMEX:NG1!. Using a leveraged product AMEX:BOIL to gain exposure to a potential short-term movement, as a continuation of a long-term trend. See below the chart of $NYMEX:NG1!. Commodities, equities, and other assets priced in US...

FPS_Denny

Long position on OANDA:USDJPY Interest rates on US dollars are rising globally, at a very rapid rate. Capital has been flowing towards the United States for the last couple years, as a global flight to security occurs as fear rises in markets during times of turmoil. Because the US Dollar is the reserve currency of the globe, debts backed by US...