All of the leading natural gas stocks are catching a bid higher despite the broad stock market sell off. The natural gas stocks have been selling off sharply since mid-February. Devon Energy Corp (NYSE:DVN) is considered the best natural gas stock in the group. DVN stock is trading higher by 0.77 cents to $66.00 a share. Traders and investors can watch for intra-day resistance around the $66.60 level. The daily chart of DVN will have very good daily chart support around the $64.00…

Continue

All of the leading natural gas stocks are still trading in a confirmed down trend on the daily charts. This afternoon, these stocks are barely participating in the broad based stock market rally. Traders should note that the low natural gas prices have certainly hurt the leading natural gas stocks such as Devon Energy Corporation (NYSE:DVN), Southwestern Energy Company (NYSE:SWN), and Chesapeake Energy Corporation (NYSE:CHK).



The best stock in this group is…

Continue

All of the leading energy stocks are declining lower this morning. The popular and highly followed Energy Select Sector SPDR ETF (NYSEARCA:XLE) is trading lower by 0.37 cents to $72.05 a share. Short term traders should watch for intra-day support around the $71.50 and $71.00 levels.



Most of the leading energy stocks that are coming under early selling pressure include Exxon Mobil Corp (NYSE:XOM), Devon Energy Corp (NYSE:DVN), and Chesapeake Energy Corporation…

Continue

The important energy sector has been declining lower since February 24, 2012. Traders can easily see how the Energy Select Sector SPDR (ETF) (NYSEARCA:XLE) has rolled over since that time. The XLE is now trading below the important daily chart 50 moving average. This formation puts the XLE in a weak technical chart position. Traders can watch for some intra-day support around the $71.00, and $70.00 levels.



Some of the leading energy stocks that are declining…

Continue

All of the leading natural gas stocks are coming under some selling pressure this morning. Lower natural gas prices are definitely not helping these stocks. This morning, natural gas futures are trading lower by more than 2.50 percent.



Leading natural gas stock Southwestern Energy Co (NYSE:SWN) is trading lower by $2.14 to 33.22 a share. Short term traders can watch for intra-day support around the $32.30 area. Should the stock decline below that important…

Continue

This afternoon, the price of natural gas declined to another new 52 week low. This decline in natural gas comes despite the winter season being upon us. While the price of natural gas is extremely low, it is now affecting the natural gas stocks. Leading natural gas stock such as Chesapeake Energy Corp (NYSE:CHK), Devon Energy Corp (NYSE:DVN), and Southwestern Energy Co (NYSE:SWN) are all declining sharply lower. These stocks look as if they could have further downside in the near…

Continue

This morning, all of the leading energy stocks are coming under some selling pressure. Leading stocks such as Exxon Mobil Corp (NYSE:XOM), and Chevron Corp (NYSE:CVS) have been exceptionally strong as of late, therefore, a pullback today is due. These market leaders are trading lower today by over 1.0 percent. Short term traders can watch for intra-day support on XOM around the $85.00 and $84.70 levels.



Some other leading energy stocks that are trading lower…

Continue

Natural gas has made a bottom. This bottom is likely a much longer term bottom. Price may double and even eventually triple. This move up coming in natural gas is partly fundamental and partly technical. It will be discussed below.



Natural gas is trading at a major discount to oil. Oil continues to hover around the $100 a barrel level. As oil has surged over the last few months, natural gas has fallen. This divergence in price movement should reverse and oil continues to pull back…

Continue

As spot crude oil has pushed through the $100 level, the upside is somewhat limited. Oil is up over 30% in the last six weeks and with the global economy still weak, it is hard to imagine it will push much higher. Investors are searching frantically for the next big energy area. There are some obvious places that money should start to flow.



Natural gas continues to be the obvious answer to some easy money upside. The United States Natural Gas Fund, LP (NYSEARCA:UNG)  is trading at…

Continue

Traders must simply watch the U.S. Dollar Index very closely today. Once the opening bell rang at the New York Stock Exchange the U.S. Dollar Index began to decline from its intra-day high. We should all know by now, when the U.S. Dollar Index declines the major stock market indexes will usually inflate and trade higher. The U.S. Dollar Index futures (DX U1) traded as high as $76.06 before the opening bell, they are now trading at $75.77 per contract at 9:43 am EST. Traders can easily see… Continue

This morning, the leading energy stocks are coming under early selling pressure. The catalyst for the early decline in many of the energy stocks is due to the stronger U.S. Dollar Index. When the U.S. Dollar Index trades higher on the trading session the major energy and commodity stocks will come under selling pressure.



Exxon Mobil Corp.(NYSE:XOM) is the most important integrated energy stock in the market. This stock also has the largest market capitalization in the world,… Continue

This morning, the major stock indexes are trading lower as the problems in Italy and the European Union seem to be growing by the minute. The U.S. Dollar Index (DX U1) was soaring higher ahead of the opening bell, trading as high as $76.37 per contract. Since that high print at 9:10 am EST, the U.S. Dollar Index has pulled back to $76.18 per contract. When the U.S. Dollar Index declines the major stock indexes will inflate and trade higher. The S&P 500 Index has bounced off the lows by 4.00… Continue