Tag Archives: COP
Crude…WTI
82.45 is today’s ORH#. There are resting buy stops above targeting as high as 83.59 . Some of the Oil majors OXY,COP, CVX look to all have room for a descent rally of a few %. DIG…60.50 is initial resistance … Continue reading
A.M. Look 10/10/14
Stocks… VIX…21.50 is the 200 Month mvg avg and the high of the volatility spikes over the past 20 months. This is the place to match up an interim low in the Spu’s for a bounce. Spu’s….1900-02 is the 200 … Continue reading
The late Show
Stick to the names and sectors that have been leading. IBB & XLV are the sector ETF’s that look good. GOOGL…breaks out to the upside with a close over 591. This will propel the the Indices higher. Some of the … Continue reading
A.M. Look 9/12/14…W/ Trade Alerts
Stocks… GS…177.25 was last years close. A close today above 182 puts in an ORH week, targeting 192 short term. Semi Annual resistance starts @ 189. By remaining above 177 GS should retest the 215 level it broke from in … Continue reading
A.M. Look 8/19/14
Stocks… IWM…115.11 is resistance and the upside closing pivot. XOM…98.11 is the 200 DMA. EXXON has been going sideways and holding it’s 200 DMA while the Crude and Brent have been imploding for the past 12 trading days. Of the … Continue reading
A.M. Look 7/31/14
Stocks… GPRO,TSLA,EXPELNKD,TMC,XOM & COP will report earnings today. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for confirmation of a high. Bonds have to keep rejecting this level on rallies which is the weekly ORL #. … Continue reading
Food for Thought
Here are a few names to look at. EEM…Emerging markets show a blow off low last week. I’d still rather look for U.S. names than roll the dice overseas. NYCB…is interesting simply because it put in a new low and … Continue reading
Midday Missive
Nikkei…13,900 becomes a big longer term hold level. Closes under 13,700 are price negative. Bottom fishers will be better served looking at the Oil patch. CVX,XOM aren’t breaking… COP has potential as long as it remains above 62.50. Spu’s…a rally … Continue reading
A.M. Look 11/18/13
Stocks.. Euro Stoxx 50 (DEC)…3176 is qtrly resistance. FXI…needs to sustain over 39.25 to start a new leg up. TM,Ford & COP…are worth keeping an eye on for an early hold. Time to start looking for names that have been … Continue reading
OXY…Pattern Alert….GS
A close today under 103.10 will put in an ORL day in OXY. Closing below 102.63 ( unchanged on the week) will have us looking for a bigger correction. Yesterday, late in the day, we recommended lightening up in OXY … Continue reading