This post was just published on ZYX Short Change Alert. OIL ETF USO is short from $11.31. As of this writing it is trading at $10.87. The EIA data was extremely bullish. This contradicts API data mentioned in the Morning Capsule. According to EIA, Oil Inventories came at -2.5 million barrels vs.
Will oil go to $26 or $60? This is the question of the moment. There are more than a few opinions by gurus on both the bullish and bearish sides. The dilemma that investors and traders face is that most of the gurus have been continuously wrong on oil. Do
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the
This post was just published on ZYX Buy Change Alert. If holding consider taking about 50% profits in three months on NVDA and exiting the position. The company will release earnings after the close tomorrow, (11th). Considering that the stock has run up about 50% in three months, earnings represent a high
Here are the answers to your questions on EIA. EIA stands for U. S. Energy Information Administration. EIA collects, analyzes, and distributes energy information on a wide range of topics. EIA is completely independent within the U. S. Department of Energy. We often reference EIA weekly report on oil inventories
On Monday, Donald Trump presented his new economic plan at the Detroit Economic Club. While light on detail, there were a few things investors could take away from the speech. (And so we don’t get distracted with politics, let me state that I am neither for Trump nor Clinton. My
This post was just published on ZYX Buy Change Alert. FIT is long from $13.67. AS of this writing the stock is trading at $15.67. FIT makes popular Fitbit gadgets. The company recently reported earnings better than the whisper numbers. In the past the issue has been that the company always
The monthly jobs report is considered important because it is so closely watched by so many, and it moves the markets. It is often headlined with the unemployment rate (for July, 4.9%) and the number of new jobs created or lost (for July, +255,000). Astute investors pay more attention to
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the
This post was just published on ZYX Short Change Alert. It is time to take more partial profits on regular oil position. ETF USO is short from $11.31. IT is trading at $9.56 as of this writing. Consider taking profits on 30% of the remaining position in the zone of $9.34