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.

Stock Watch (Something For Everyone) - 7/20/2014

Here are some stocks & ETF that might be of some interest to keep an eye on for the coming week:
DIS, KO, MMM, TRV, XOM, XLB, XLP, XLY, XME, LOW PCYC, TXN, JDSU, NTAP and HOT.

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.

Changing Move

The market is making another surge to new high territory. While the SP500 and the Dow Jones Transportation made a new all time high last Friday, the Dow Jones Industrial is still some distance away from its previous all time high. Currently, the large cap market such as the SP500 is getting near the neutral area and the small cap still leaning on the bearish zone.

Still On Course

The SP500 made another new all time closing high today. Although it made this historical record high all by itself, but the DJ Industrials only less than 50 points away from its all time closing high. The Nasdaq 100 and the Russell 2000 participated in today’s market rally, but their current level is still some distance from their previous high. The market breadth is mixed. Therefore, until we see the DJIA makes a new all time high, the market still on course to where it is destine to be, wherever that maybe. In the meantime, be selective and defensive, and don’t extend yourself too far away from the chair. You do not want to be the one standing when the music stops.

Natural Resources Watch List - 10/20/2013

Here are some interesting natural resources, oil & gas charts with potential long breakout level to watch.

Be sure to check out "More To Come" to see where the market might be headed, and "Trading All Time High" on one possible way to buy high sell higher, and get an idea on what the options market is pricing in for the "Event Driven Trades" on NFLX & AAPL.

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..