Tag Archives: CVX
Midday Missive
The board is coming back to mama. Oil is leading and today’s lows in the Oil majors seem to be pretty good. Crude itself had a nice bounce off support. Sustaining up here will lead to another buck keeping the … Continue reading
Oil…CVX
CVX…this is a topping pattern. A close below 100.40 would confirm more profit taking. Whether this is just money management going into month end or more remains to be seen. COP…has the same pattern. I’m sending this because more than … Continue reading
The Late Show
All my longer term indicators are neutral in pretty much everything, however the long term Point & Figure in the Spu’s have turned up. This will need a close below 2060 to turn down. OIL Patch… COP looks to have … Continue reading
Midday Missive
DIG, XLE & CVX look good in the Oil patch. Buy any weakness the rest of the day. UNH & GILD are always favorites in healthcare. Both have positive formations I bought some QCOM with a tight stop using a … Continue reading
The Late Show
OIL… the macro buy stops are over 58.63 USO…breaks out on a close over 20.25. XLE & DIG both look to rally to test their 200DMA’s. CVX…as long as 109 holds I’m looking for 115. XOM…is attempting a Cloud breakout … Continue reading
Midday Missive
FCX…as long as this is above 20.50 I’m looking for a test of 23.50. NOV…love this name. It’s held support. CVX…has one of the better formations of the majors. 113-115 is the next targeted resistance level. EOG…break out over 99.30 … Continue reading
A.M. Look 4/15/15
Stocks… GOOGL…535 is the weekly ORL #. This level will run sentiment for the Equity Indices. DXJ…I like this ETF for a hedged long view on Japan Equities. As Long as 56 holds this has much higher to go. BABA…needs … Continue reading
Midday Missive
ZTS…is breaking out to the upside as long as this holds 47.40, look for a run to 49.00. Crude…I wouldn’t chase the rally into today’s highs which is mvg average resistance. DIG & XLE show the same pattern as OIL. … Continue reading
A.M. Look 2/26/15
Stocks… OXY…as long as this remains above 79.35 close, look for higher prices. CVX…110.00 is resistance and the closing upside pivot. MRO…Marathon is a low volatility name. As long as this remains above 28.40 close the pattern is positive. Closing … Continue reading
A.M. Look 12/22/14
Stocks… Spu’s…as long as 2060 holds on breaks downside is limited. 2020’s would be a gift to buy Spu going into year end. Nasd 100…4258 is support and the downside pivot. Below you could see a 40-50 point break. … Continue reading