LONG CRON 22 Calls for this Friday @ .33 Long XLE Long FCX Oil names have been featured in the room. CVX,XOM, PSX,VLO I bought XLE for the basket. QCOM looks great for the 5G play
The operative question is that the low for the rest of the week. LYB..is a chemical company that Goldman has been promoting. I’m still in VIPS & CRON calls. I bought a little ACB @ 8.14 on the open in … Continue reading
Spu’s need to sustain over 2585 for higher. JPM is showing an ORH pattern. GS was bid out of the gate. COF has pattern follow through FDX is the low risk name for higher. UNH was bid in front of … Continue reading
Daily Market Intelligence 12-3-18
Financials and Oil CVX, PSX & COP look good for a bounce. RDSA has a big fat dividend. FANG names are in rest mode. Spu’s (Z) would need to sustain over 2917 late to extend Crude 25X3
Micron put in a new all time high by 1 tick. NFLX traded to the old high @ 354.36. I would need to see a 248.83 print to think it was significant. Spu’s…2714 confirms the overnight low. For three weeks … Continue reading
Barring something out of the FOMC minutes I remain in buy the break mode. So far the Spu’s just don’t want to give us a shot at the 2700 level. If you don’t see a break after 1 P.M. CDT … Continue reading
Daily Market Intelligence 5-23-18
Heads up!!! Energy names are seeing profit taking. PSX, FANG, COG have ORL patterns working. OIH names are rolling. Long-term Investors should review their holdings. Russell is leading the Pullback
OIH….PSX SLB VLO HAL RIG ESV CENX…17.75 is the Golden Cross, above there is a lot more. Spu’s…25X3 is range bound. Focus on what’s in play OIH..should test 31.00 CENX…