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2015-12-01T00:00:00.000Z

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Moneynews

701 First Avenue

Sunnyvale, California 94089

United States

Company Description

MoneyNews.com is a division of NewsMax Media Inc., publisher of NewsMax Magazine. MoneyNews.com’s goal is to provide outstanding coverage of major U.S. and global financial news and to educate individuals about investing. MoneyNews.com strives to fu... more

Find other employees at this company (34)

Background Information

Employment History

Senior Course Instructor
FXCM Inc.

Blogger; Currencies; Economy
World Currency Watch

Affiliations

Editor of the Ultimate Wealth Report and Absolute Profits Newsletters
NewsMax

Moderator
Daily FX

DailyFX Forum Moderator
Forex Company

Web References (187 Total References)


Watch oil prices, they may be about to pop | The Champion Group | Oil and Gas Direct Investments Industry

www.championgroup.com [cached]

Sean Hyman, editor of Moneynews at the Ultimate Wealth Report newsletter, says global demand will accelerate WTI crude prices toward $140 a barrel.

...
"Oil has been consolidating for several years in a sideways pattern and I believe that global demand is picking up and that's going to shoot it through the top of that range," Sean Hyman, editor of the Ultimate Wealth Report, told CNBC Asia's "Squawk Box."
"Once it finally does, we will see it hit $140 faster than a lot of people's heads can spin," he said, referring to West Texas Intermediate (WTI) oil.
He had a 30 to 90 day target of $110 to $113 for WTI and expected Brent crude prices to rally to $120 and then $130, implying a gain of as much as 18 percent from current levels.
...
Hyman meanwhile cited three reasons for his bullish oil outlook: a favorable technical pattern, a fall in oil production in Libya and increased global demand.
"A lot of it [the forecast] is based on chart patterns, but there are fundamental dynamics such as Libya's oil production which has been ratcheted down. It's actually half of what it has been," he said.
"There's also a ratcheting up of global demand that the IMF [International Monetary Fund], the World Bank, has confirmed. The IAE [International Energy Agency] is talking about more oil demand coming on board, so I believe we will see that all coming this year," Hyman said.


Real Money Radio with David Holland

www.RealMoneyRadio.com [cached]

Guest: Sean Hyman, Editor of the Ultimate Wealth Report,US Dollar, Oil and Precious Metals, Foreign Markets.

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Guest: Sean Hyman, Editor of the Ultimate Wealth Report on More Bitcoin Problems, Strong U.S. Dollar, Oil-related Stocks
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Guest: Sean Hyman, Editor of Ultimate Wealth Report,
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Guest: Sean Hyman, Editor of Ultimate Wealth Report


Real Money Radio with David Holland

www.RealMoneyRadio.com [cached]

Guest: Sean Hyman, Editor of the Ultimate Wealth Report,US Dollar, Oil and Precious Metals, Foreign Markets.

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Guest: Sean Hyman, Editor of the Ultimate Wealth Report on More Bitcoin Problems, Strong U.S. Dollar, Oil-related Stocks
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Guest: Sean Hyman, Editor of Ultimate Wealth Report,
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Guest: Sean Hyman, Editor of Ultimate Wealth Report


Real Money with David Holland 1380 AM Weekdays at 9am

www.RealMoneyRadio.com [cached]

Guest: Sean Hyman, Editor of the Ultimate Wealth Report,US Dollar, Oil and Precious Metals, Foreign Markets.

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Guest: Sean Hyman, Editor of the Ultimate Wealth Report on More Bitcoin Problems, Strong U.S. Dollar, Oil-related Stocks
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Guest: Sean Hyman, Editor of Ultimate Wealth Report,
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Guest: Sean Hyman, Editor of Ultimate Wealth Report


The Real Money with David Holland Radio Show Archives

www.RealMoneyRadio.com [cached]

Guest: Sean Hyman, Editor of Ultimate Wealth Report,

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Guest: Sean Hyman, Editor of Ultimate Wealth Report
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Guest: Sean Hyman, Editor of the Ultimate Wealth Report,US Dollar, Oil and Precious Metals, Foreign Markets.
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Guest: Sean Hyman, Editor of the Ultimate Wealth Report on More Bitcoin Problems, Strong U.S. Dollar, Oil-related Stocks

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