Tag Archives: OXY
Midday Missive
ZTS…is breaking out to the upside as long as this holds 47.40, look for a run to 49.00. Crude…I wouldn’t chase the rally into today’s highs which is mvg average resistance. DIG & XLE show the same pattern as OIL. … Continue reading
A.M. Look 2/26/15
Stocks… OXY…as long as this remains above 79.35 close, look for higher prices. CVX…110.00 is resistance and the closing upside pivot. MRO…Marathon is a low volatility name. As long as this remains above 28.40 close the pattern is positive. Closing … Continue reading
A.M. Look 12/19/14
Stocks… Equities have had a massive one way lemming effect trade into this A.M. They need to digest a little before being marked up into Year end again. My favorite names on breaks are UNH,MMM,XLP,BRKA. IWM…is firm over … Continue reading
OXY & CVX…Ford …Midday Missive
Both of these names followed the price action laid out this A.M. by spiking their respective qtrly stops and start back higher. Classic opening range trades. Oil has held for now. 53.90 should be the stop used for any trader … Continue reading
OXY…CVX…Ford Position Update
Both of these names followed the price action laid out this A.M. by spiking their respective qtrly stops and start back higher. Classic opening range trades. Oil has held for now. 53.90 should be the stop used for any trader … Continue reading
A.M. Look 12/16/14
Stocks… Spu’s…(H) needs to sustain above 1992 for a short covering rally.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 1995 is the Monthly ORL # which either month must maintain above to avoid a slide to 1945. NASD 100…50 … Continue reading
A.M. Look 12/11/14
Stocks… Spu’s…2022.50 in the Mini’s and 2012 in the Pit contract will be pivotal into Month end. They are this qtr’s ORH #s. Yesterday’s low was either the low for the rest of the week, and most likely the year, … Continue reading
A.M. Look 12/4/14
Stocks… Spu’s…the initial swing count is still 2120 which was generated from the 1813 Oct. Low DAX…10,000-10,050 is the resistance zone and the closing upside pivot. ASX 200…5380 is resistance and the upside closing momentum level, with 5418 being … Continue reading
Midday Missive
Biotech has been driving the train all morning with longer term money trying to pick up bargains in the Oil patch. The Greenback is bid giving investors a reason to put those dollars to work in our Equity market. DIG…looks … Continue reading
Crude…WTI
82.45 is today’s ORH#. There are resting buy stops above targeting as high as 83.59 . Some of the Oil majors OXY,COP, CVX look to all have room for a descent rally of a few %. DIG…60.50 is initial resistance … Continue reading