Plungers tried lower early. AMZN & GOOGL above today’s lows keep the board bid. Energy names are seeing bottom fishing. COP, CXO & DVN look most interesting. AMZN should lead late day as Investors will expect a big Prime Day.
Natgas infrastructure names were bought early. LNG,CXO,CBI & APC trade well. Nothing is worth chasing. Spu’s are into back and fill mode now that everyone is all in. MRK…64 is resistance
Daily Market Intelligence 1-08-18
Oil has put in a mid week low. The names have been leading all morning and should continue to outperform on the rotation. APC..just broke out above its 200 DMA.. CXO – EOG -PXD are all going HFC has yet … Continue reading
Daily Market Intelligence 11-6-17
I’m getting buy signals in Energy names: NFX,MUR,KMI,DVN,CXO,XOP, RYE..Equal Weight Energy ECA..EnCana Energy has been a field of broken dreams. If you’re interested, do your own homework. ASML
The Energy sector is being bought. FCG…is a Natgas ETF Holding Percent Anadarko Petroleum Corporation 7.03% EnCana Corporation 6.45% Devon Energy Corporation 6.33% Continental Resources, Inc. 6.21% Concho Resources Inc. 5.81% Noble Energy, Inc. 5.44% Cabot Oil & Gas Corporation … Continue reading