Tag Archives: OXY
December Crude…AAPL
Crude just printed resistance. Yesterday the crude low was important to putting in a market low in the stocks. Pay attention to Crude…watch for general market tone… We are long SSO and OXY.. I am looking for 89-90 on this … Continue reading
OXY…SSO
We’re going to buy OXY at the market with an intra-day stop of 84.60. I like the energy sector.. We’ll also try a long in SSO with an intra-day stop of 43.90 Futures traders…that’s a new low in the SPU. … Continue reading
Utilization…Execution…Style
Every so often I will write something like this to give you my big picture thinking, think of me as your quarterback. I want to talk about one of out Private Wealth Clients, who is someone we can all learn … Continue reading
A.M. Look 9/19/11
The equity market pattern has been Monday lows followed by rallies. We’ll see. IMM currency futures expire today at 9:15 CT.. Day traders should put the Aussie on your radar today for scalping opportunities. Keep all trailing stops active. Model Trading … Continue reading
Single Instrument Stops
Presently there is definitely little confidence that Europe can get it’s act together over the weekend. This is evidenced by the lack of follow through in the S&P failing to assault the unchanged level on the month. Like I said … Continue reading
Single Stocks
Let’s use this strength to sell 25% of our individual Longs out to pay for our stops @ the market. Long OXY Long 3M Long BHP Long FXI Long IBM Or anything else you picked up!
A.M. Look 9/15/11
We have a small Risk On Portfolio. Confirmation will be signaled by the Bunds ( German 10 Yr. Bond) closing the week below 136.56, and the 30 Yr. U.S. Bonds, which need to close below 139.07 DEC. The U.S. 30 yr … Continue reading
A.M. Look 9/14/11
Yesterday we picked up a few names in a small way. Keep the tight stops in place. SPU…The range was very big last night. We will monitor the price action to see if there is a low risk level to … Continue reading
Risk On Nibble…Single stocks
I am going to buy a very small position in OXY since it traded almost to it’s downside tgt. We’ll use a 3 dollar stop (77) 3M has put in a double bottom on the weekly charts.This instrument needs to … Continue reading