Oil has had a very nice recent run and exhibits strength not seen for a long time. According to today’s U.S. Energy Information Administration (EIA) report, last week U.S. crude stockpiles increased by 9.9 million barrels—a lot more than analysts had expected. Nevertheless, remarkably, despite the huge inventory build up,… Read More

Average Annualized Return Per Closed Trade: 28.6% Average Return Per Closed Trade: 22.8% Average Holding Period: 298 days Helped by the rebound of oil prices back to the $33 range, stocks have enjoyed better days lately. The S&P 500 has gained roughly 4 percent over the past… Read More

Today U.S. stocks were on track to post their second-consecutive losing session before recovering in late-afternoon trading as oil rallied. Oil prices have yet again oscillated in recent days again as investor sentiment swayed regarding a prospective agreement between Russia and OPEC to limit oil production growth. Read More

Average Annualized Return Per Closed Trade: 28.6% Average Return Per Closed Trade: 22.8% Average Holding Period: 298 days For the first time since 2001, Russia and OPEC have reached a tentative agreement on oil production. Russia, Saudi Arabia, Qatar, and Venezuela agreed in principle to implement a… Read More

Russia and Saudi Arabia, the two largest oil exporters in the world, together with Venezuela and Qatar, have reached a provisional agreement, conditional on being joined by other major producers, to set last month’s output level as a production ceiling. If the deal stands, it would mark the first cooperation… Read More