Tag Archives: OXY

A.M. Look 4/30/13

Soybeans (K)…$14.884 is monthly resistance. Only sustaining and closing over this level will lead to higher prices. Corn(July)…6.59 is pivotal. 6.74 the next resistance level. Closing over 6.83 will generate new momentum buying. CORN ETF…maintaining above keeps this instrument positive. … Continue reading

Oil…OXY

Oil & associated names are leading the stock rotation to keep the Indices firm. 90.50 has been our first upside re-test level. Now it’s all about how and where the breaks hold. If the move is real we’ll see 92 … Continue reading

Position Update!

We’re exiting the SDS and the TLT today. We will use this break to exit relatively unscathed and clear our head. We’re willing to give this a little more timethis A.M. to get back closer to our entry levels, however … Continue reading

OXY_-_Occidental_Petroleum_Quarterly.gif

We‘re looking for 92

OXY_-_Occidental_Petroleum_Quarterly.gif

OXY..The qtrly buy stops are 87.39. By remaining over 85.50 we see this going to 92. This has been a favorite trade of ours for years. We last spoke about it in Dec. http://www.whitewavetradingstrategies.com/big-cap-multi-nationals/

A.M. Look 1/14/13

Euro…is doing a 2 year swing. We expect to see 135. EUR/JPY…resistance is 120.60 AUD/JPY…. As long is it remains higher on the year, this cross remains an attractive buy on any descent pullback. Oil…as long as Oil remains above … Continue reading

Big Cap Multi-Nationals

are running the show.. IBM…needs below 191 to wash out longs JPM..42.50 for weak longs…below 41 for the longer term players CAT…88 is first support, with 91 resistance the first time up. OXY…looks descent against 75.40 DIG & XLE…the upside … Continue reading

A.M. Look 10/18/12

Spu’s…1457.25 will be the focus level the rest of the week. This is the ORH weekly #. Maintaining above will entice all new buying. Rejecting the level will start the lemmings to run. 30 yr…146.12 is an important hold level. … Continue reading

CAT…DE…OXY….Pattern Alert!

These names are attempting to test their respective ORL #’s. 81.94 DE 84.43 CAT 84.20 OXY

Pattern Alerts!

Financials (BKX) are attempting an ORL day as is GS,JPM,BAC, & C So is OXY in the Oil patch. Pay attention to your holdings! It should be a volatile last 30 minutes.