Recent Articles
Monday Review and Trade Plan for Tuesday, March 3
Mar 2, 2020 Trading Blog Comments Off on Monday Review and Trade Plan for Tuesday, March 3
What a close to trading on Monday. These late day runs are getting to be a habit for the SPY. On Friday, it ripped from 288 to 297 in the last 15 minutes and today it ran from 299 to 309 in the last […] Continue Reading…
Weekly Energy Equities Outlook and Trading Plan for March 2-7
Feb 29, 2020 Trading Blog Comments Off on Weekly Energy Equities Outlook and Trading Plan for March 2-7
What a crazy week in energy. There seem to be a hundred different crosscurrents all going on at the same time. I tried to break down all of my trading thoughts for the week in a little different format this time, hope this helps […] Continue Reading…
Thoughts on this Week’s Decline and Trading Plan for Friday
Feb 27, 2020 Trading Blog Comments Off on Thoughts on this Week’s Decline and Trading Plan for Friday
What a crazy couple days for energy and the market overall. Lots of different currents. Tried to list some below. It’s not trading advice, just my way of getting all my journal thoughts together, maybe it helps someone else, not sure. Karma, you know?
First […] Continue Reading…
Weekly Energy Equities Outlook and Trading Plan for February 10-14
Feb 9, 2020 Trading Blog Comments Off on Weekly Energy Equities Outlook and Trading Plan for February 10-14
Sometimes things seem exciting, but when you look back nothing really happened in the bigger picture. The XOP opened the week at 19.17 and closed the week at 19.21. The only real accomplishment this week was that the long downtrend from 24.50 seems to […] Continue Reading…
Energy Equities Outlook and Trading Plan for February 3-7
Feb 2, 2020 Trading Blog Comments Off on Energy Equities Outlook and Trading Plan for February 3-7
Sometimes certain areas of the market reach a point where nothing matters except pure emotion. Energy stocks have reached that point. I see all these guys preaching and posting about the “oil fundamentals”, supply numbers, demand numbers, OPEC, blah, blah, blah. Those guys are […] Continue Reading…
Energy Equities Trading Plan for January 27 – 31
Jan 26, 2020 Trading Blog Comments Off on Energy Equities Trading Plan for January 27 – 31
I only have time for a quick writup tonight. Spent the day in DC wandering around the city and didn’t see a single protective mask. For all the hype and panic on Twitter, I really expected to see some signs or concern from people. […] Continue Reading…
Weekly Energy Equities Outlook and Trading Plan for January 21-24
Jan 19, 2020 Trading Blog Comments Off on Weekly Energy Equities Outlook and Trading Plan for January 21-24
It was another slow week in the energy sector, but sometimes that’s not a bad thing. In last week’s post, I pointed out that 22.68 was going to be a very important level in the XOP, and that turned out to be true. Monday’s […] Continue Reading…
Energy Equities Outlook and Trading Plan for January 13-17
Jan 12, 2020 Trading Blog Comments Off on Energy Equities Outlook and Trading Plan for January 13-17
Last week was a great example of why you have to keep your personal opinions about the market completely separate from the actual signal the market is sending. Almost everyone out there thought the Iran situation was going to push oil stocks to the […] Continue Reading…
Trading Lessons I’ve Picked Up on the Journey – Accepting Risk
Jan 10, 2020 Trading Blog Comments Off on Trading Lessons I’ve Picked Up on the Journey – Accepting Risk
My journey in trading just hit year 20. I was one of the masses who gave up a real job in the internet bubble of 2000 to chase digital riches in the market. I succeeded greatly and failed greatly during that time, and also […] Continue Reading…
Energy Equities Outlook and Trading Plan for January 6-10
Jan 5, 2020 Trading Blog Comments Off on Energy Equities Outlook and Trading Plan for January 6-10
What a day to return to Twitter on Friday. I debated not returning after spending a few weeks away from it, and I probably should have stuck with that plan. It was so relaxing being in my own world with my own thoughts. For […] Continue Reading…