Yuan is heading towards 7. Gold and Bitcoin as the big winners against the currency as Chinese investors seek haven assets. RDSA is back at the top of its range as yield hungry investors seek to ride out the Trump … Continue reading
China Internet names continue to perform. LMT..Lockheed is the best of the defense contractors. RDSA…a big gap and go. Be patient in chasing oil related names as the Oil Futures are retesting an old qtrly breakdown level. Spu’s continue to … Continue reading
Oil…CRZO,EC, MUR, OKE, RDSA, BP, XOM have ORH weeks Visa & Mastercard have ORH weekly patterns IBB..has an ORH week working above 109.85. LLY,MRK & PFE have similar patterns working OIL…54.36 is the Weekly ORH# COP…
Daily Market Intelligence 10-10-18
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