Lind-Waldock Senior Market Strategist Richard Ilczyszn gave his outlook for commodities on CNBC’s Fast Money report, recorded after the close on December 2. He predicted $90-per-barrel crude oil was forthcoming, and offered some support points traders who aren’t yet in the market might consider buying on pullbacks. He also said natural gas looks like a [...]

by William Baruch Crude oil has been on the move, rallying to a five-month high above $86 a barrel on May 3, 2010. While this market will of course see some corrections, consumers are facing the question as we head into summer driving season: can oil reach $100 or beyond, revisiting the record high set [...]

Crude oil rose 30 percent in May, it’s biggest monthly gain in a decade. July futures are currently trading at a seven-month high above $67 a barrel after bullish manufacturing data out of China. The International Energy Agency (IEA) sounded some words of caution: Prospects for global economic recovery may be damaged if oil prices [...]

A recent survey of 33 analysts conducted by Bloomberg revealed that crude oil is seen averaging $60 a barrel in 2009, up from just under $40 currently. OPEC’s pledge of a 14 percent supply cut is seen crimping inventories, and the U.S. economy is also seen improving by year-end. Crude oil futures averaged $100 in [...]

Trading Volatile Markets Using Options: S&P and Crude Oil By Tom Mikulski We have seen quite a sell-off in the stock market in the past few weeks, and I’m sure if you’ve been watching the news, you know exactly what’s caused that and don’t need me to describe that for you. At the same time, [...]

Crude Oil Oversold? Crude oil futures are bouncing back after falling about $10 a barrel in two days and hitting a seven-month low. The NYMEX November contract was last trading at $93.29. Lind Plus Senior Market Strategist Richard Ilczyszyn says although he’s not longer-term bullish, he sees $100 likely again in view and recommends buying [...]