Tag Archives: USO
Daily Market Intelligence 11/27/18
Daily Market Intelligence 11-27-18
Weekly Volatility Buy Signals
Spu’s Nasd 100 Nikkei Midcap GOOGL AMZN Crude USO Nikkei Recap: we held a mid week low, with trend turning up into mid week next. We had a B.S. break into Mid Day to get long the Equity Indices against … Continue reading
Midday Missive
Oil…this is an upside breakout which could run close to 47 which is the first Fib retrace coming back up on the year. Later in the day if you get a pullback into the 43.40 area buy some upside. I … Continue reading
A.M. Look 5/20/15
Stocks… YELP…I gave it a go and it rallied 3% right into weekly resistance @ 48.50 and rejected. I’m not married to it. Biotech always has a couple of names in play for 5-10% a day. Time to refocus. KITE.…rallied … Continue reading
A.M. Look 5/6/15
Stocks… GEVA…is today’s big winner. Biotech lottery is in full swing. Spu’s… seem stuck between 2065 & 2095. I’m not looking for follow through trade. Bonds … Bunds…155.74 is the key feature. Maintaining and closing below this level would mark … Continue reading
Midday Missive…W/ USO Trade Alert!
WFT, SLB, & COP are my favorites today. AUD/JPY should try and print close to it’s 200 DMA with energy & metals strength. DIG…is going to try and trade to 62.40 ish. I’m not backing off my view that Oil … Continue reading
A.M. Look 4/28/15
Stocks… IBB…347 +- a couple has to hold to avoid a deeper correction. XLK…43.46 needs to be monitored for a potential monthly double top. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is … Continue reading
The Late Show
OIL… the macro buy stops are over 58.63 USO…breaks out on a close over 20.25. XLE & DIG both look to rally to test their 200DMA’s. CVX…as long as 109 holds I’m looking for 115. XOM…is attempting a Cloud breakout … Continue reading
Midday Missive
FCX…as long as this is above 20.50 I’m looking for a test of 23.50. NOV…love this name. It’s held support. CVX…has one of the better formations of the majors. 113-115 is the next targeted resistance level. EOG…break out over 99.30 … Continue reading
Midday Missive
NOV looks good using a 53.85 stop. This can go another 10%. USO is a buy against today’s low betting on a qtrly break out with a close over 20.25 China is acting well. I placed a price order for … Continue reading