Recent Articles

Oil and Gas Stocks Outlook for Tuesday, October 10

Monday was an extremely boring Columbus day muted session with the XOP putting in a small 36 cent range with only about 7 million shares traded. Even though the action was very slow, there were still obvious clues to be had regarding the direction […] Continue Reading…

Oil and Gas Stocks Outlook for Monday, October 9

A week away from the market was much needed and was a great opportunity to clear up some mistakes that have been slowly creeping into my trading. I can tell when I get burned out as my record keeping gets sloppy and my trading […] Continue Reading…

Oil and Gas Stocks Outlook for Friday, September 29

I will be out next week, off for a few days in Bermuda, so no daily energy sector reports.

It wasn’t a great day on Thursday with the XOP putting in an ugly candlestick in the overall pattern. It was the first day where the […] Continue Reading…

Oil and Gas Stocks Outlook for Thursday, September 28

It was another great day in the continuation of the XOP uptrend. Price dropped within 6 cents of Tuesday’s low, which made for a great entry with a tight stop and a ride back to the highs. Volume was solid at 15 million shares […] Continue Reading…

Oil and Gas Stocks Outlook for Wednesday, September 27

Sorry for the lack of posts Monday and Tuesday, sometimes I get a little burned out on the internet and just have to take an internet break. Twitter is a great thing, but people who constantly insist on making everything political really make Twitter […] Continue Reading…

Oil and Gas Stocks Outlook for Friday, September 22

It was another good day for the continuing uptrend in the energy sector with a smallish inside day that that should break to the upside on Friday. The XOP range was very tight, only 42 cents, but was really only about a quarter after […] Continue Reading…

Oil and Gas Stocks Outlook for Wednesday, September 20

It was another day of consolidation on Tuesday and a terrible day for daytrading. I had only one trade setup that I posted on Twitter, but it never triggered an entry. It was great action for the health of the current trend though, with […] Continue Reading…

Oil and Gas Stocks Outlook for Tuesday, September 19

It was a fairly straightforward day on Monday, only one trade on the late morning retest of the lows at 31.75 for a ride back up to 32.00. Very small move, but it was about all the day had to offer. It was a […] Continue Reading…

Oil and Gas Stocks Outlook for Monday, September 18

It was a great week for the energy sector and it seems like things have finally turned around. But before we get too excited, I want to be a real downer and throw one more bearish scenario out there.

The only concern that I have […] Continue Reading…

Oil and Gas Stocks Outlook for Friday, September 15

It looked like a great trading day setting up, but it just kind of fizzled out and fell into a tight range from noon until the close. I managed to catch a move from 32.00 to 32.18 early, but that was pretty much the […] Continue Reading…