Anthony Speciale Jr. Born and raised into a blue collar family in the suburbs of Northern New Jersey, I have in recent years put down the wrenches I’ve been turning for the better part of my entire life and have become a professional energy trader. My mother was a nurse practitioner and my father was an auto mechanic. I had literally watched both of my parents work endless hours with their hands throughout their entire lives and after loosing my mother at a young age to cancer, I had decided I wanted a different future than the path I was currently on. At a young age I was a struggling student who didn’t excel very well academically and college wasn’t really in the cards for me, but I was always a disciplined worker. When I had put my mind to something, there was nothing that was going to stop me from reaching and exceeding my goals I had set for myself. So, as life had evolved, so did my desire for freedom. It was never much about the money for me, but it was about the success and the freedom that accompanied that success. Over a decade ago, I decided to specialize in just one sector of the market. I knew that I only needed to be proficient at just one area of the market to achieve the goal I had set forth. Trade passively while producing massively. Well, that’s exactly what I did. After several years of failed attempts, endless education, trial and error - I had finally yielded myself the success and freedom I was desiring. After making myself over $1,000,000.00 trading this very method, it was time to share my success with those who also desire the freedom I did. After a lot of work, time, effort and sacrifice - Big Energy Profits went from merely a concept into a very real reality.
Analysts have been running around calling the bottom for the past year in hopes of being able to say “I told you so” six months down the road. Jamie Dimon, longtime JPMorgan Chase CEO, said of the latest financial shock in his annual letter: “The current crisis is not yet over, and even when it…
Several OPEC+ members are set to tighten global production by an additional 1.16 million barrels per day until the end of the year, further burdening central bank efforts to curtail global inflation. The clowns in D.C. have of course criticized Sunday’s announcement where eight OPEC+ producers said they would remove more than a combined 1…
Crude oil, the earth’s most in-demand commodity, has been traded globally on the United States Dollar standard for the longest time… But that may not be the case much longer. China has just completed its first trade of liquefied natural gas settled in yuan. The trade involved around 65,000 tons of LNG imported from the…
When you listen to interviews of successful traders, this is what you will often hear. But what they don’t tell you is how to “control your emotions.” Believe me — it’s much easier said than done. Many retail traders seem to think that being calm and stress-free is some kind of genetic trait… I have…
I’ve been trading crude oil since I first started this journey. But through the years I’ve traded everything… and I mean everything. And I’ve done that as my passion for helping others in the market has grown. I needed to understand all of their struggles across all market assets. The skill set I’ve refined and…
Maybe Mickey? More than likely not, but there’s about 7,000 Disney employees across multiple positions who are. This would be the first of three rounds of layoffs before the beginning of summer, according to a memo from Chief Executive Bob Iger. The cuts are part of a broader effort to reduce corporate spending and boost…
Well, kinda. They’ve come in and scooped up a good chunk of Silicon Valley Bank’s assets. Roughly $72 Billion of their assets were purchased at a steep discount, only paying $16.5 Billion which sent shares of First Citizens soaring 45% during yesterday’s trading. This transpired after regulators transferred all SVB deposits and assets into a…
Oil sunk to levels that are leaving traders wondering two things: Will OPEC implement further cuts to raise prices? Will the United States finally move to purchase some crude to refill its drained reserves? Traders who have been brutalized by falling prices over the last couple of weeks were likely disappointed this week when they…
When it comes to the economy, confidence is key. However, the banking sector has threatened to disrupt how most folks feel about their financial stability. A decline in spending slows retail sales and that, in turn, triggers a market reaction that spills back onto consumers. At the same time, inflation-adjusted income is going down, interest…
The Fed’s decision to hike rates by a quarter percentage point leads to two schools of thought… Inflation is easing and they’re going to taper rate increases. They’re scared to death that raising rates will lead to further financial collapse. I’m leaning towards numero dos — they’re trying to prevent mass hysteria. The Federal Reserve…