Natural Gas, Crude Oil, Inflation, Utilities: Latest Moves – Video

Chris sits down with Jim Goddard on HoweStreet.com to review the recent price rallies in natural gas and crude. The long-term charts are still pointing to dramatically higher price actions. Natural gas has a lot of volatility, but the long-term charts indicate another push to the upside, potentially to the or level.

Lately, we’ve seen a lot of rotations in the energy sector. We saw increased fear about a year ago when many companies went under and when exploration came to a grinding halt. Now that the price has rallied up so quickly, the debate is revolving around the possibility that it may come straight back down. Questions being asked include: From which country should we import crude oil? What can happen if exploration doesn’t start to pick up? What will this do to the cost of oil/gas?

Trading-wise it has been a very rotational year for many people, and success depends on which trading strategies you employ. For example, indexes like the S&P 500 or the Nasdaq have been grinding up while sectors, like the transportation sector, the Russel, and small caps have struggled a lot. Most sectors remain off the highs from last year resulting in a highly rotational and sideways year if you trade sectors. If you are invested in the indexes, however, there has been a steady pace of movement to the upside.

CLICK ON THE IMAGE BELOW TO LEARN MORE ABOUT Natural gas & STOCK MARKET latest moves

TO EXPLORE THE DIFFERENT TRADING STRATEGIES CHRIS OFFERS, PLEASE VISIT US AT THE TECHNICAL TRADERS. YOU’VE GOT MORE TO GAIN THAN TO LOSE WHEN SEEKING INFORMATION!

The post Natural Gas, Crude Oil, Inflation, Utilities: Latest Moves – Video appeared first on Technical Traders Ltd..