I did this research using AI when I asked the question:
Can natural gas producers afford to extract gas if price is below 4?
Whether natural gas producers can afford to extract gas below $4/MMBtu depends on:
Last week I wrote about the calendar ranges now that they have reset in July.
After an epic week where only a few sectors plus the S&P 500 and NASDAQ shone, it turns out that it’s the calendar range that …
Now that the calendar range for July is set, let’s look at oil futures.
First, there is the chart of USO the ETF for the US oil fund for those who prefer to trade the ETFs rather than commodities.
USO …
Over the weekend I wrote about the July 6-month calendar range reset happening this week!
Our inside sectors of the US economy, small caps, retail and transportation all stopped at the January 6-month calendar range high and never cleared.
Semiconductors …
First some facts about the July Calendar Range
The July Pattern
The Six-Month Calendar Ranges
With FOMC minutes published today, most Fed members eye rate cuts this year, but are split on what are the next steps.
One must cynically wonder which of the members are eyeing Powell’s job.
President Trump has made no secret …
Announcement:
I’m now live on
@Slice_App_
Every day, I break down the market. Now you can follow the trades, setups, and rotations I’m tracking in real time. You will also be able to chat 1:1 with me. Use code Mish30 …
First, I have news!
For years, I’ve written Mish’s Market Minute Daily to help decode market trends.
Now I’m launching something new, a place to go deeper into trade setups, sector rotations, and the daily read of the market.
Mark …
Welcome to the end of the second quarter, and new all-time highs in the S&P 500.
Is this us climbing the wall of worry?
Yes, indeed as the retail sector lags behind even further.
However, XRT remains above critical support. …
Given how difficult it remains discerning between disinflation and stagflation, Friday’s economic status and price action did little to clarify definitively.
To sum up:
Disinflation or stagflation.
Evidence of both right now and can really go either way.
Evidence for …