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Natural Gas Price Forecast: Rest Day as Rising Trend Retained
Natural gas rose slightly above Wednesday’s high of 4.01 on Thursday, reaching 4.05 before sellers took back control and prices dropped. Although a continuation of yesterday’s rally was triggered ...
NASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Pulls Back As Electronic Arts Crashes 17.7%
NASDAQ is losing some ground as tech stocks pull back. Electronic Arts, which was down by 17.7%, was the worst performer in the NASDAQ index today. The stock suffered a strong sell-off after the ...
S&P 500 Hits Record High as Trump Pushes Rate Cuts, Lower Oil; GE Aerospace Soars
Dow jumps as S&P 500 hits a record high. Trump pushes for rate cuts and cheaper oil, while rising jobless claims hint at ...
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Trump Calls On OPEC To Push Prices Lower
Brent oil is losing ground as traders focus on Trump’s words. The EIA report, which showed that crude inventories declined by ...
Gold, Silver, Platinum Forecasts – Gold Rebounds From Session Lows As Traders Buy The Dip
Gold rebounded from session lows as traders used the pullback as an opportunity to increase their long positions. A move above the $2760 level will push gold towards the nearest resistance at $2780 – ...
U.S. Dollar Pulls Back As Initial Jobless Claims Exceed Expectations
U.S. Dollar Index is losing ground as traders react to the Initial Jobless Claims report. The report showed that 223,000 ...
Bitcoin (BTC) Elliott Wave Analysis: Rejection At All Time High
Bitcoin reached an all-time high of $108,300 on Dec. 17, corrected to $89,000, and now consolidates around $102,000. It’s poised between further bullish momentum and potential continued correction.
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 ...