Recent Articles
Weekly Energy Equities Review, Market Outlook and Trading Plan for May 3-7
May 2, 2021 Trading Blog Comments Off on Weekly Energy Equities Review, Market Outlook and Trading Plan for May 3-7
Another very short writeup this week. Some months are just packed with too much stuff to do and this is one of them. High school graduation activities have taken up the last few weekends and probably the next couple as well. Just wanted to […] Continue Reading…
Weekly Energy Equities Review, Market Outlook and Trading Plan for April 26-30
Apr 25, 2021 Trading Blog Comments Off on Weekly Energy Equities Review, Market Outlook and Trading Plan for April 26-30
Just a short writeup today. I promised the kid I’d clean out the garage so she could have a party and then it’s off for an afternoon of wine and music with the wife. Enjoy life.
I’m not sure what to make of this market […] Continue Reading…
Weekly Energy Equities Review, Market Outlook and Trading Plan for April 19-23
Apr 18, 2021 Trading Blog Comments Off on Weekly Energy Equities Review, Market Outlook and Trading Plan for April 19-23
It was another week of rangebound trading for most energy names. I wasn’t going to write an article this week because there really wasn’t any significant movement or tradable setups to talk about. But after thinking about it, maybe that lack of movement IS […] Continue Reading…
Weekly Energy Equities Review, Market Outlook and Trading Plan for April 12-16
Apr 11, 2021 Trading Blog Comments Off on Weekly Energy Equities Review, Market Outlook and Trading Plan for April 12-16
Sorry for the lack of articles the past few weeks, but there’s really been nothing to write about. Energy is stuck in this dead zone in the 47-50 range and just hasn’t been tradable at all. I’m hoping for a nice move up this […] Continue Reading…
Weekly Energy Equities Review, Market Outlook and Trading Plan for March 22-26
Mar 21, 2021 Trading Blog Comments Off on Weekly Energy Equities Review, Market Outlook and Trading Plan for March 22-26
The XLE finally got a much needed 10% pullback which left many traders wishing they would have taken profits up at that 54-55 level. I’ve seen a lot of bullish arrogance in energy over the last few weeks. A lot of ‘to the moon’ […] Continue Reading…
Weekly Energy Equities Review, Market Outlook and Trading Plan for March 15-19
Mar 14, 2021 Trading Blog Comments Off on Weekly Energy Equities Review, Market Outlook and Trading Plan for March 15-19
Short writeup this week because it looks like this market has entered that final blowoff leg that I’ve been writing about over the last month. I’ll be on the sideline for the next week or two until I see the final buying climax, at […] Continue Reading…
Weekly Energy Equities Review, Market Outlook and Trading Plan for March 8-12
Mar 7, 2021 Trading Blog Comments Off on Weekly Energy Equities Review, Market Outlook and Trading Plan for March 8-12
The big question in last week’s article was whether this market move down, which started back on February 9, was simply a pullback before the final blowoff leg to the upside, or if it was the start of a longer term move down. After […] Continue Reading…
Weekly Energy Equities Review, Market Outlook and Trading Plan for March 1-5
Feb 27, 2021 Trading Blog Comments Off on Weekly Energy Equities Review, Market Outlook and Trading Plan for March 1-5
The market finally started some type of pullback, however it remains to be seen if this is just a little pause before what I think is the final blowoff run or if the market has already topped and we’re on the way down. My […] Continue Reading…
Weekly Energy Equities Review, Market Outlook and Trading Plan for 22-26
Feb 21, 2021 Trading Blog Comments Off on Weekly Energy Equities Review, Market Outlook and Trading Plan for 22-26
This is a difficult market. I went back to 100% cash on Thursday and have no real desire to jump back into anything this week at these levels. I had a great short position in IWM from around 227.75, and I really thought it […] Continue Reading…
Weekly Energy Equities Review, Market Outlook and Trading Plan for February 16-19
Feb 14, 2021 Trading Blog Comments Off on Weekly Energy Equities Review, Market Outlook and Trading Plan for February 16-19
Twitter is a great place for exchanging market opinions. You can find almost any opinion on there to support any trade or market view. But one thing I’ve noticed lately is not so much differing bull or bear opinions, but simply the fact that […] Continue Reading…