CFD

aramco

Aramco eyes diversification after record Q2 income

Is Saudi Aramco (TADAWUL: 2222) looking to diversify its income sources after soaring oil prices helped it deliver record-high earnings in the second quarter. Saudi Aramco saw its net income attributable to shareholders' equity nearly double during the three-month period...
Gold technical analysis shows possible upside

Relief pumps still in play for XAU/USD

On the weekly chart, we can see that Gold has made a four-week push from lows of $1,680/oz to its current trading price close to $1,790/oz. However, sentiment may be slightly bearish for Gold at the moment with many indicators...
recession

Why isn’t the US officially in a recession?

The US has technically entered a recession in the second quarter 2022 as the economy contracted 0.9% year over year, following a 1.6% decline in the first quarter. However, the official body that is tasked to make a call on...
Natural gas futures

Natural Gas from 3 technical perspectives

The current overall trend for Natural Gas is bearish, as seen from the monthly chart. The commodity has possibly just completed the 5th wave of the Elliot Impulse Wave, this means that the next movement is possibly a correction. There...

Goodbye For Now! Recap of 2020

After 200 articles, it is time for me to hang the coat up and say goodbye. This will be my last article for BlackBull Markets, and I am glad to have had the opportunity to provide content for clients at...

Markets are Frothy

Here's an interesting juxtaposition. There are currently just over 25 Million Currently Infected Patients of Covid-19, with 2.4 million deaths*. However, · Tesla is up nearly 2,000% since the start of 2019. A luxury electric car company whose slim profit...

Metals Mania, but has Silver lost its hype?

In 2020, Silver had a legendary rise from its low during the peak of the Coronavirus lockdowns in March – up over 140%. Analysts (including me) attempted to justify its price and separate its strong correlation with Gold by arguing...

Gold: The less that are interested, the better

Like Tesla, Gold has had a legendary 2020. Gold reached all-time highs just shy of that $2,080/Oz mark before retracing in the latter part of 2020. Gold ETF's Ballooned to over $550 Billion inflows, to the point where Gold ETF...

Oil markets seeing a brighter future

24th February 2020 was when the last time we saw oil hovering around $55.80 mark. The Oil markets were hammered in 2020, taking investors and traders back to their economics 101 classes. However, unlike regular markets, the Oil markets have...
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