Black Gold

Couple weeks ago we started to look at gold after we have observed a possible near term bottom type of price action. Today, we will take a look at the oil or black gold. Oil appears to have put in a near term bottom that might present some near term swing long trades along with some of the energy stocks.

Expected & The Unexpected

Today the market was put into a frenzy once the news of a Malaysia Passenger Airliner was shot down over the Ukraine border. Although many traders were expecting a pullback of some sort, but most if not all of the traders did not expect the unexpected event occurred in Ukraine to drive this pullback into a sell off. Here is a look at today's price action and a look at some possible inflection point. In addition, we will look at potential long opportunities from these energy stocks: APA, CVX, EOG & WFT, and a brief look at AAPL, GOOGL and IBM.

A Follow Up

The video I have posted on the Memorial Day weekend sort of gave us some ideas on what to look for from the recent market move, and here is a follow up on that video.

Market Review - 7/18/2012

Here is a look at the market indice and some of the stocks that moved the market for the day.

Video Posted Prior To Market Open

Better late than never...forgot to post these video on the blog. Here they are..