Midday Missive

OXY..A lot of options guys bought calls in this yesterday.
Some in the money and some out of the Money @ 70
The 70’s bought @ .52 went to 1.40 before inventories.
Trade to make money…you should be out of 80% of this trade with a trailing break even stop or out totally.
I exited pre-Inventories per my game plan
 
OXY needs a close over 70.20 to go to 73.
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​AMZN needs over 750 to rally​.
Sector rotation favors XLK & SMH today.

VGT..information technology is a buy with a 60 cent stop.

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