Recent Articles
Energy Equities Outlook and Trading Plan for October 14-18
Oct 13, 2019 Trading Blog Comments Off on Energy Equities Outlook and Trading Plan for October 14-18
Last week’s XOP action went about as expected with price staying within that 20.50-22.68 range. There wasn’t enough force or volume to auction outside that fair value range and this coming week could be more of the same. Price stayed in this range for […] Continue Reading…
Energy Equities Outlook and Trading Plan for October 7-11
Oct 6, 2019 Trading Blog Comments Off on Energy Equities Outlook and Trading Plan for October 7-11
It was another disappointing week in energy, as the XOP moved all the way across the August range to touch the lows around 20.50. It did manage to hold, but the bounce was very weak and failed right at the middle of the range around 21.55. […] Continue Reading…
Energy Outlook and Trading Plan for September 30 – October 4
Sep 29, 2019 Trading Blog Comments Off on Energy Outlook and Trading Plan for September 30 – October 4
It’s time to get very concerned about the future of E&P stocks. There has been non-stop selling every day for the last two weeks. Who is doing all this selling way down here AND right into the face of incredible geopolitical issues? Pull up […] Continue Reading…
Energy Outlook and Trading Plan for September 23-27
Sep 22, 2019 Trading Blog Comments Off on Energy Outlook and Trading Plan for September 23-27
What an interesting week, I didn’t realize that it was possible for so many people to be so wrong over a single event. The mass media said it was a historical “world changing” event of terrorism and destruction that would dramatically change the energy […] Continue Reading…
Energy Equities Outlook: Huge Short Opportunity Coming
Sep 15, 2019 Trading Blog Comments Off on Energy Equities Outlook: Huge Short Opportunity Coming
It has been a great two weeks away and some much needed rest and clarity. Sonoma was a beautiful place and a drive up the coast of California was a great thing to do, I highly recommend it. I see that the bears got […] Continue Reading…
Energy Equities Outlook and Trading Plan for August 26-30
Aug 25, 2019 Trading Blog Comments Off on Energy Equities Outlook and Trading Plan for August 26-30
Energy stocks were looking good most of the week testing the top of the latest range a few times and seeming like they might break through, but the China trade issue just derailed everything. Trading is hard, but it’s really hard when trying to […] Continue Reading…
Energy Equities Outlook and Trading Plan for August 19-23
Aug 18, 2019 Trading Blog Comments Off on Energy Equities Outlook and Trading Plan for August 19-23
E&P’s finally got a bounce late in the week and could be looking to make a move for at least another 2-3 days before hitting some supply. I don’t think they have seen the final bottom, but this was definitely a great opportunity for […] Continue Reading…
Energy Equities Outlook for the Week Aug 5-9
Aug 3, 2019 Trading Blog Comments Off on Energy Equities Outlook for the Week Aug 5-9
$XOP is getting closer to that final washout and this past week’s price action was encouraging. There was a huge volume day on Thursday of ~56 million shares traded that took price down toward the 23 level. That was followed by a much lighter […] Continue Reading…
$COG Trade Errors and Outlook for the Week Ahead
Jul 28, 2019 Trading Blog Comments Off on $COG Trade Errors and Outlook for the Week Ahead
It was such a good week, right up until Friday morning and the COG trade. I dropped the entire week’s profits on that trade and had to cut it near the lows of the day. That close near the lows was a pretty good […] Continue Reading…
Energy Equities Outlook and Trading plan for July 1-5
Jun 30, 2019 Trading Blog Comments Off on Energy Equities Outlook and Trading plan for July 1-5
Energy is still languishing way behind the rest of the market, even with the recent attempt to bounce off the bottom. The SPY is hitting new all time highs, WTI is flirting with $60 and the E&P’s are still doing nothing. What else do […] Continue Reading…