Josef Schachter of the Schachter Energy Report outlined his outlook for oil and natural gas in 2025, saying he sees oil prices moving higher. In his view, West Texas Intermediate could reach US$90 per barrel in Q4. ‘I’m now looking for potentially US$80 to US$82 for the average in 2025,’…
There are a number of effective swing trading systems being used today. Let’s explore one that is popular among Wyckoffians. It uses two inputs: Point and Figure charts and volume. Let’s review this system with a case study of Charles Schwab Corp. (SCHW). As markets are fractal, Accumulation and Distribution…
The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we…
As the third year of war in Ukraine nears a close as the new year approaches and ahead of the Feb. 24, 2025, anniversary date, new battle lines have once again been established after Russia made advances in the east and Kyiv opened a new battlefront, this time in Russia.…
The Department of Defense (DoD) announced two weapons packages for Ukraine on Monday, totaling $2.47 billion. The first of the two, the Presidential Drawdown Authority package, with an ‘estimated value’ of $1.25 billion, is meant to ‘provide Ukraine additional capabilities to meet its most urgent needs, including: missiles for air…
Ukraine has received its first shipment of liquefied natural gas (LNG) from the U.S., energy company officials confirmed this week— a positive development for Kyiv as it moves to ramp up its purchases of U.S. supplies and protect against broader supply concerns in the region. Ukraine’s private energy company, DTEK,…
A Palestinian Authority (PA) official reportedly predicted that President-elect Donald Trump will ‘destroy Iran’ and that Tehran’s weakening will effectively break down the remaining Hamas terror cells. Mohammad Hamdan, secretary-general of the PA’s ruling Fatah Party, reportedly made the comments to the New York Post on Dec. 19 during a…
Israeli Prime Minister Benjamin Netanyahu appeared in the hall of the Israeli parliament on Tuesday for a crucial budget-related vote, despite the objections of doctors following prostate surgery on Sunday night, the Israeli news agency Tazpit Press Service (TPS) reports. Netanyahu, 75, was accompanied to the Knesset Plenum by his personal physician, Dr. Tzvi…
China was behind a ‘major’ hack of the Treasury Department, the Biden administration said Monday, gaining access to unclassified documents and the workstations of government employees. After a year fraught with hacking across all government agencies, China experts say it’s time to get serious about thwarting adversarial espionage. ‘The latest…
A top Hamas commander responsible for the heinous Oct. 7 attack on Kibbutz Nir Oz has been killed by a targeted drone strike, the Israel Defense Force (IDF) announced. Abd al-Hadi Sabah, who led the infiltration into Kibbutz Nir Oz, which ravaged the community near the Gaza border on Oct.…