Tag Archives: Oil Service Holders

VXX…Trade Alert!

Posted on 07/16/2014

Sell 1/2 Long VXX @ 28.05 We’re taking half off just below trend resistance and letting the rest ride. This is a tactical Long to protect profits for the Long only managers. If filled raise your stop to break-even. We’re … Continue reading →

Midday Missive

Posted on 02/19/2014

So much for the mid week break in equities. Despite the early jump in Vix it is rolling over. 14.22 is first support. Soybeans challenged it’s 200 mvg avg. 13.75. This is an exit zone. We saw some early stock … Continue reading →

A.M. Look 1/31/12

Posted on 01/31/2012

It’s Month End…Don’t Fight The Flow… Typically going into end of month instruments tend to go in the direction they have been traveling. This month it’s Equity Indices up,Dollar down,Metals up & Commodities up. These movements are even more pronounced … Continue reading →

Pattern Alert… XOM…FXI

Posted on 01/31/2011

You now have a weekly double top in XOM at 79.97.. FXI….China should now have your full attention..You have a monthly double bottom pattern at 41.90…major stops will be below.

Price Action

Posted on 01/19/2011

You’ve got some pretty interesting mid-week extremes going on. The present flows can maintain direction into no man’s land, after London’s close and thru New York’s lunch time. Then we’ll see if the U.S. buys the stocks back up later … Continue reading →

Post UnEnjoyment Comments

Posted on 01/07/2011

The upside of the dollar looks played out for a bit, at least for the rest of the day Metals had a huge hold. Stock indices look vulnerable…The spu “late day” under 1266 ish is just not price constructive. Conversely, … Continue reading →