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  Thursday, 21 Mar 2013 | 2:36 PM ET

Crude Oil Falls, but Traders Remain Bullish

Posted By: Drew Sandholm
Kick Images | Photodisc | Getty Images

U.S. light, sweet crude for May fell to $92.79 a barrel on Thursday, yet some professional traders saw it as a bullish sign that black gold wasn't trading at a lower level, especially given a flurry of headwinds.

(Read More: Crude's Losses Snowball as Cyprus Swamps Market)

"We got the Cyprus issue, we still got a weak economy in Europe going on, China is still on the fence on how their economy is coming out of their little selloff and demand really hasn't picked up in this country," said Anthony Grisanti, founder of GRZ Energy in New York. "So I actually I like crude because I think it's held up well under all these negative circumstances."

(Read More: CNBC Explains 'Economy')

»Read more
  Thursday, 21 Mar 2013 | 12:27 PM ET

Pro: Crude Could Soon Plummet

Posted By: Rich Ilczyszyn

Crude oil has had a choppy ride over the last of couple days, but this is a phenomenal market to play using technicals.

The wall has been $94.45, which is the 50% retracement on the year, and a close above that level is needed to spark a potential breakout. Since then, though, crude has found major support against the 100- and 200-day moving averages at $92.60 and $92.45.


»Read more
  Thursday, 21 Mar 2013 | 12:21 PM ET

Are You Buying or Selling Crude Oil?

Getty Images

Crude oil was pushed lower on Thursday by fears of further turmoil in the euro zone, as Cyprus scrambled to avoid bankruptcy, and by manufacturing data which showed a deepening downturn in the currency bloc.

Brent crude futures last fell 0.7 percent to $108 a barrel. U.S. light, sweet crude was at $93 per barrel, down 0.8 percent.

»Read more
  Thursday, 21 Mar 2013 | 11:58 AM ET

Pro: Why Silver Could Catch Up to Gold

Posted By: Jim Iuorio
Getty Images

Gold and silver tend to track each other pretty closely,but it you've looked a chart recently, you probably noticed that gold has started to beat the lesser metal.

»Read more
  Wednesday, 20 Mar 2013 | 10:52 AM ET

Pro: Why I'm Buying the NASDAQ

Posted By: Jim Iuorio
Getty Images

The NASDAQ has shown impressive strength in the face negative headlines. Over the last two days, NASDAQ 100 futures have rejected the day's lows, and managed to finish with only mild losses.

The main reason for the relative strength is probably are surgence in Apple shares, as Doug Kass predicted on Thursday's episode of Futures Now. Apple accounts for some 13 percent of the NASDAQ weighting.

»Read more
  Wednesday, 20 Mar 2013 | 10:43 AM ET

Will Ben Bernanke Revive Gold?

Federal Reserve Board Chairman Ben Bernanke
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Federal Reserve Board Chairman Ben Bernanke

After a two-day meeting, the Fed is due to the release its monetary policy statement later this afternoon, as well as its economic forecasts. The news will be followed by a press briefing with Fed Chairman Ben Bernanke.

(CNBC Explains: Federal Reserve Open Market Operations)

Investors will be looking for any signs that the central bank could start winding down its quantitative easing program. It is expected to keep monetary policy unchanged this month however, continuing its super low rates policy and its $85 billion a month in asset purchases. Fed watchers expect it to stick with its program until the middle of next year, according to CNBC's Fed survey.

»Read more
  Tuesday, 19 Mar 2013 | 2:54 PM ET

Fed May Spook Bonds, but Cyprus May Curb Downside: Pros

Posted By: Drew Sandholm

The outside chance that seemingly endless monetary stimulus could be on the road to withdrawal may upset bonds, yet traders expect Europe's latest troubles to limit any potential downside.

The 10-Year Treasury note has enjoyed a massive rally over the last three sessions, with yields hitting their lowest level in three weeks. Some investors are being drawn to bonds ahead of the U.S. Federal Reserve's policy decision on Wednesday.

The Fed's efforts to support an economic recovery has sent stocks on a tear, but also put a floor under bond prices. In September, it launched a third round of quantitative easing (QE), in which it will buy $40 billion of mortgage-backed securities per month, primarily in mortgage-backed bonds. Those open-ended purchases mean they will continue to flood markets with cheap liquidity indefinitely, in order to drive down unemployment.

(Read More: CNBC Explains the Federal Reserve)

»Read more
  Tuesday, 19 Mar 2013 | 12:35 PM ET

Do Stocks Have Room to Rise?

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Stocks turned lower in choppy trading Tuesday, with the euro tumbling to its lowest level since November, amid worries that Cyprus will reject its bailout plan.

The Dow Jones Industrial Average turned lower, dragged by Caterpillar. If the blue-chip index closes lower, it will log its first three-day losing streak this year.

The S&P 500 and the Nasdaq also tilted lower. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded above 13.

»Read more
  Tuesday, 19 Mar 2013 | 11:16 AM ET

Pro: It's Time to Get Defensive on Stocks

Posted By: Rich Ilczyszyn
Getty Images

The S&P takes a licking and keeps on ticking.

Equities in the U.S. have all but fully recovered since we heard the news that Cyprus is looking to tax bank deposits. The S&P is currently at 1,546, nearly unchanged, as it was able to close back into the major resistance. Yesterday's recovery was able to reach the next resistance level of 1,552, as investors began to think that what may take place in Cyprus is very unlikely to spread any further.

»Read more
  Tuesday, 19 Mar 2013 | 11:05 AM ET

Pro: Yes, Bonds Can Rally With Stocks

Posted By: Jim Iuorio
The seal on the US Treasury building in Washington, DC.
Paul J. Richards | AFP | Getty Images
The seal on the US Treasury building in Washington, DC.

Treasury markets have maintained the bid that began on the news from Cyprus. This is interesting, because equity markets have rebounded in the face of the same headlines.


»Read more

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