It’s going to be a commodity summer! If you’re not in the JJG or the Grain Futures concentrate on the related names. Wheat… AGU…95.30 is weekly resistance. POT… cloud resistance has come up a little to 17.35. MOS…Buy the next … Continue reading
Daily Market Intelligence 6-3-16
It’s all the commodity based & Energy names that are ripping.. FANG..is running out of steam and so is healthcare The Oil took forever to set up and go today. Energy names were firm all A.M. NEM…looks like it want … Continue reading
Stocks… WFT… is up in pre market. This should trade into the $8 level. COP…has broken out. This looks good as long as there is no close below 35. PSX…buy any weakness into the 81’s LNG…despite Natty failing … Continue reading
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