Kevin Kerr
Kevin Kerr
ahead bull covering market nobody short since sort sure
We often see this sort of short covering in a record-setting bull market ahead of a weekend, since nobody is sure where we may be Monday.
attacks kidnapping nigeria oil workers
The attacks in Nigeria on a pipeline, and the kidnapping of oil workers is nothing new for that region.
attack east middle relations remaining united united-states
The attack could be devastating to the remaining tattered relations between the Middle East and the United States.
across adds air almost car costs domestic driving europe families fuel increases jet nation outdoor recreation start summer travel vacations
Summer is almost here, and with it comes the start of summer driving season. All across the nation consumption of fuel increases in all forms. Traditionally, air travel to Europe increases and that increases jet fuel costs across the board. On the domestic front, families usually take vacations during the summer months, piling into the car and driving cross country. And outdoor recreation adds to the demand.
deadline happens iran market next perceives tap
The next big thing on tap is the Iran situation, and we will have to see what happens then and how the market perceives the deadline passing.
build gasoline last likely
This build is likely the last one we will see in gasoline for a long, long time.
The times will come down and we'll be competitive.
breath bull deep dive headlong markets oil profits taking
The oil markets are taking a deep breath of profits before what may be a headlong dive into another bull run.
destined disruption gasoline general impact mother natural oil power production reminded seems
The disruption in general seems to have reminded the refineries of their vulnerability and the power of Mother Nature. Gasoline production is destined to be affected, and at the end of the day, the production impact for natural gas and oil will be significant.
bugs fulfilling gold haven market promise safe uncertain
The gold market is fulfilling the promise that gold bugs like myself have touted for years: safe haven in uncertain times.
gold looking market seeing
The gold market has been looking for more uncertainty and we are seeing it this morning.
close market scenarios true
The true worst-case scenarios are not even close to priced in this market yet.
buying caused dips however lack pare positions seems traders
This has caused some traders to pare down their positions and re-evaluate their exposure. However there seems to be little lack of new buying on significant dips in the market.