Tag Archives: USO
A.M. Look 3/11/15
Stocks… Spu’s…2044 is the weekly hold # and the closing downside pivot for more weakness. Nasd 100…4333…4285…4265; these are the support levels coming down. They will not change. BIB & IBB…Closed neutral ” right on their momentum #’s. XLV…70.80 is … Continue reading
USO…Trade Alert!
BUY 40 3/20/15 17.5 Puts @ .39 cents
A.M. look 9/2/14
Stocks… DXJ…gains upside momentum over 50.10. XLE…the energy SPDR is looking good. This has room to run to close to 100. Bonds … 30 yr. Bonds…140.21 is first support. The point & figure chart has room for a move to … Continue reading
SCIF & USO
Small cap India ETF “SCIF” is trying to breakout to the upside. USO… is breaking out to the upside above it’s 50 DMA. OIL…I’m looking for another $1.50 to the upside this week in the Sept. contract.
A.M. Look 6/13/14
It’s Friday the 13th with Full Moon Fever. “Stand my ground, I won’t back down” (Tom Petty…Album… Full Moon Fever.) “I know what’s right and I won’t back down” The Bulls will have their work cut out for them “Hey … Continue reading
A.M. Look 2/25/14
Stocks… Spu/Bonds & Spu’s…did not put in an ORH pattern. Spu’s… need over 1847 for higher, or 1836-37 for a push lower. Nasd 100…(ENQH4) all session put in an ORH pattern yesterday, however the NYSE ( Chicago Pit session) did … Continue reading
Long 28 FEB 36.50 USO PUT Closing Trade Alert!
This dog won’t hunt with a risk on board. Close this position @ best price possible. Sell @ the market
A.M. Look 2/21/14
Stocks… Nasd 100…3633 is closing support. NASDAQ leads, this is where all the social enabling and healthcare biotech names are. Spu’s… are once again higher on the week and flirting with unchanged on the year. The later in the day … Continue reading
A.M. Look 2/20/14
Stocks… Nasd 100…3633 is closing support. Spu’s…price recovery and a close over 1832 will lead to a test of the high. A failure @ 1832 (resistance) and a close below 1800 will lead to a test of 1730 again. SSO…shows … Continue reading
Midday Missive
So much for the mid week break in equities. Despite the early jump in Vix it is rolling over. 14.22 is first support. Soybeans challenged it’s 200 mvg avg. 13.75. This is an exit zone. We saw some early stock … Continue reading