Tag Archives: DVN

Midday Missive

Resource names are still going. LNG,GLNG,DVN,GPOR & CBI in Natgas Infrastructure. IBB is attempting an ORH day. This sector is not overbought. The risk to own this sector is today’s lows. ILMN,GILD, BIIB,SRPT,ICPT & GSK are attempting ORH days. The … Continue reading

A.M. Look 12/28/15

Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading

A.M. Look 4/1/14

Stocks… Nasd 100…3593 is unchanged on the year. GOOG…1120.70 is the 2013 close. Matched up with yesterday’s close 1114.50,will become the macro pivot. DVN…has had an inside qtr (not going anywhere). Sustained price action above 66.92 could change that. GS…needs … Continue reading

Natgas Infrastructure

LNG is ripping to the upside putting in a potential ORH day. This is a buy on the break stock. The Risk is a close back under today’s breakout of 43. CBI…needs a close over 77.50 for the same pattern, … Continue reading

A.M. Look 11/20/13

Stocks.. Spu’s…price action under 1782 initially tgt’s 1767-8. SSO…94.20-93.85 is support. A close under 93.40 is needed for a good sell off. Nasd 100…3370 is support. Maintaining under this levels leaves way for another 35 points. Sell stops are under … Continue reading

Natgas & UNG

Surrogates trades would include ECA,CHK,DVN,CBI,LNG

Natgas…UNG

Not for the feint of heart! This is attempting an ORH day to the upside. The low was a good enough low to hold, even though we were looking for the lower Fibs @ 3.80 to initiate a Long. The … 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

A Few Names Worth Looking At

BAC…as long as this remains over 11.70 this remains positive with a first tgt 13.50 NWBI…sustaining and closing over 12.30 could get the Lemming Horde to get interested. F…Ford put in a good low last week. As long as this … Continue reading