Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
We love Mondays… Because Monday means we get three new stocks that are set to surge for the week. I get really excited to present new surge stocks – and you should be too. I’ve gone through the data and the charts and run all of these stocks through my Stock Surge Indicator (SSI) system. …
Continue reading “Your Brand New Surge Stocks”
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Good morning, Traders! Light crude oil futures (CL) are trading beautifully, with a textbook example of a counter trendline break playing out. As the market continues to push through the buy zone, we can expect a +400 tick movement to develop. For a while, the CL was in a descending trend. But as you’ll see in …
The post What light crude oil futures mean for you appeared….
Crude oil is a major commodity that trades in global markets as both spot oil and by derivatives contracts, The articles are some trading ideas to analyze.
Crude oil is a synthetic derivative that occurs naturally and is made up of hydrocarbon deposits as well as other organic compounds. Crude oil is a form of fossil fuel that is processed into useful goods such as gasoline, diesel, and various petroleum products. It is a nonrenewable resource, which ensures that it cannot be replenished naturally at the rate at which we consume it, making it a finite resource.
Crude oil is traditionally accessed by drilling, where it is also discovered alongside other commodities such as natural gas (which is lighter and therefore lies above the crude oil) and saline water (which is denser and sinks below).
Following extraction, crude oil is distilled and converted into a range of consumer products such as diesel, kerosene, and asphalt.
While it is often referred to as “black gold,” crude oil varies in viscosity and colour from black to yellow based on the hydrocarbon composition. The first step of refining is distillation, which is the method of heating and separating oil into various components.
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You can’t miss out on this one…
Good morning, Traders! A beautiful opportunity is developing in light crude oil futures (CL). The market has reached a major U-turn level. That means the market is preparing to turn back to the buy zone. And if/when that happens, we’ll be ready to jump in and ride the wave back to the top! The market …
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