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
Stocks… ALXN,BIDU,CAT,CBI,DECK,ECA,PHM,ALK,AAL report today. Bonds 30 yr. Bonds…while Bonds put in an imperfect double top on the bar charts (just missing the previous high by a few ticks) the point & figure shows one. Price action and a close under … Continue reading
XLU…37.25 close will signal the worst is over for the Utilities. XLP…a close above 40.40 will lead to another up move. XLV…as long as healthcare closes higher on the week we remain friendly. XLI…43.31 is support. XLF…must remain above 19.82 … Continue reading
Surrogates trades would include ECA,CHK,DVN,CBI,LNG
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
Spu’s…1457.25 will be the focus level the rest of the week. This is the ORH weekly #. Maintaining above will entice all new buying. Rejecting the level will start the lemmings to run. 30 yr…146.12 is an important hold level. … Continue reading
Encana Corp announces earnings tomorrow. My game plan is to take 20% of this trade off to pay for the stop. It’s basically trading unchanged on the day. This is trader’s discretion. We recommend locking in some profit utilizing an … Continue reading
Spu’s…1342 30 Yr. Bonds…153.00+- a few Euro…120.70 EUR/AUD…117.93 is the ORH # EUR/JPY….got within 20 points of it’s projected tgt. Wheat…9.166 is the ORL # General Comments… The #’s above tell one story, it’s the match game. The Bonds are … Continue reading
Copper…holding above 346 should be positive the board. Oil…could break back to the high 80’s and it would be meaningless. Spu’s…need sustained action under 1364 for any downside. General Comments… We’ve seen a little profit taking in the Oil and … Continue reading