Tag Archives: OIH
Jobs Review
https://www.youtube.com/watch?v=1gCre3x3wU0
A.M. look 5/11/15
Stocks… Financials..led by DB,GS & WFC all put in an ORH pattern on Friday. These will be opening range trades. Holding Friday’s close and starting higher is the price action you want to see to hop on board. Agios…ripped higher … Continue reading
Midday Missive
IYT…141.15 is the 200 DMA, sustained price action over this level will give in the Indices a boost. GOOGL… has put n a daily double bottom@ 545. CAT… has been a leader. 95 is resistance and the closing upside pivot. … Continue reading
A.M. Look 2/25/14
Stocks… Spu/Bonds & Spu’s…did not put in an ORH pattern. Spu’s… need over 1847 for higher, or 1836-37 for a push lower. Nasd 100…(ENQH4) all session put in an ORH pattern yesterday, however the NYSE ( Chicago Pit session) did … Continue reading
Midday Missive
OIH…48.25-30 is the big macro closing resistance area. GOOG…897 is the closing pivot. As long as this remains above you can see a rally towards 950 going into month end IBM…looks cheap compared to a lot of the board. This … Continue reading
Crude…OIH
For the Risk on Crowd… Crude just broke out to the upside over the 18 day mvg avg of 86. Holding this on a re-test should be deemed price positive. OIH..the stop for any buy is 36.84 stop close. The … Continue reading
A.M. look 3/23/12
The interesting weekly chart patterns are in the OIH and the XLE ( Oil derivatives). They’re both putting in ORL weeks,however they are both getting into technical areas where we would entertain going long again. We’ll put these two on … Continue reading
OIL…Related ETF’s vs Equity Indices
The Oil is up…so ask yourself what’s up with OXY,DIG,XLE,OIH et al? Presently, they are all lagging! Watch for some leadership for the next intra-day swing. They’ve already tried the Equity Indices both ways early. We are not going to … Continue reading
JJG…Wheat…Oil & Metals
A close today for the July Wheat above 6.74 will have us buy a 50% position back in this ETF…There are several reasons for getting back in. 1) The risk on scenario, 2) The chart pattern is similar to the … Continue reading
USO…OIH…Crude
Those looking for a low risk buying opportunity today should focus on the oil ETF’s. USO, has a potential double bottom on the weekly charts forming, with 36 seemingly the downside risk. OIH..the 200 day is app. 140.80, has the … Continue reading