EIA Natural Gas Storage Draw Of -223 Bcf Misses Expectations
On January 23, 2025, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage ...
Bitwise Moves to Launch Dogecoin ETF While Elon Musk Seems to be Cutting Ties
The asset management firm Bitwise has reportedly been taking the first steps to file an application with the U.S. Securities and Exchange Commission (SEC) for a Dogecoin (DOGE) exchange-traded fund ...
Natural Gas Price Outlook – Sluggish Natural Gas Markets
During the early hours on Thursday, the natural gas markets were somewhat sluggish, as we continued to grind higher. At this point, the market continues to show signs of hesitation but is still very ...
Gold Price Outlook – Gold Pulls Back on Thursday
The gold market pulled back a bit on Thursday, but quite frankly this is a very bullish market, and I think it has much further to go. At this point, I’m paying close attention to the $2700 level, ...
Bitcoin Price Outlook – Bitcoin Find Buyers on Dips
The Thursday session has seen more buying on the dip in the bitcoin market, as the market looks ready to accept the $100,000 level as a bit of a floor. Even if it does not, we are still very much in a ...
S&P 500 Retreats from Record High; EA Stock Plunges on Weak Forecast
S&P 500 dips 0.1% as tech stocks slide; EA plunges 16% after weak outlook. Energy leads gains, and investors await key economic data and earnings updates.
Silver Price Outlook – Silver Falls Hard in Early Thursday Trading
The silver market fell rather hard during the early hours on Thursday as we continue to see a lot of concerns about interest rates, the US dollar strength, and of course, industrial demand for silver ...
Natural Gas News: Record 270 Bcf Draw Expected Today – Will Storage Report Ignite Bulls?
Arctic blast drives natural gas futures higher as markets await EIA’s 270 Bcf drawdown report. Technical resistance at $4.053 ...
NASDAQ, Dow Jones and S&P 500 Forecast – US Indices Look to Pull Back
The US indices all look ready for a short-term pullback on Thursday, as the markets may have gotten a bit ahead of themselves. However, I think this is a market that is still very bullish, so this ...
Nasdaq 100: Tech Stocks Poised for Gains at Opening Bell on Netflix, AI Optimism
Nasdaq 100 climbs at the opening bell as Netflix’s stellar earnings and AI investments fuel tech stock momentum. Will the ...
EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Continues to See Interest
The US dollar continues to capture interest around the world, as the interest rate picture continues to favor a strong ...
AMZN, NFLX and RGTI Forecast – Tech Heavyweights Look Strong Still
The technology sector continues to attract inflow, and the biggest of the previous generation of tech stars are looking strong, while Rigetti is going to be entertaining to watch, to say the least.