This post was just published on ZYX Short Sell Change Alert. Short selling oil through ETF USO in a 15% tranche of the full core positon size right here around $9.54. Maximum recommended position size is 35%. The short zone is $9.45 to $9.88. Stop zone is $10.11 to $10.23. Target zone
Donald Trump, in his presidential campaign, made no secret that he liked oil and gas over renewable sources of energy such as solar and wind. As president, Trump has done everything to help the oil and gas industry. His first foreign visit was to Saudi Arabia, the world’s biggest oil
This post was just published on ZYX Buy Change Alert. We are doing this post for those subscribers who are looking for cheap stocks in this expensive market that also provide very high dividends. RDS.B is cheap, has lagged the market, and provides about 7% dividend. Please see the last post on oil
This post was just published on ZYX Buy Change Alert. Oil has been crushed. Please see the Morning Capsule. The best oil stock to invest in right now is RDS.B. Of special note is about 7% dividend. Also from a technical perspective, the stock has held up well during this carnage in
After oil prices fell to below $49 a barrel for the first time this year, the prospect of a decline of 40% is plausible, with a probability of about 20% according to the proven adaptive ZYX Allocation Model. Such a decrease would have the potential to take the stock market
Due to heavy interest, the following post from ZYX Buy Change Alert is being reproduced below. There is a single unconfirmed report that OPEC has reached an agreement to limit production to 32.5 million barrels per day. This will be finalized in the November OPEC meeting. At present, OPEC is
This post was just published on ZYX Short Sell Change Alert. Oil is short using ETF USO from $11.02. In the alternative there is a long position using ETF SCO from $82.50. As of this writing USO has fallen to $10.59 and SCO has risen to $89. As we shared with you at
This post was just published on ZYX Short Sell Change Alert. Oil moved up a lot first on API inventory draw (please see the Morning Capsule), then took a second leg up on EIA inventory draw. EIA draw came at -14.5 million barrels vs. consensus of a build of +0.5 million barrels. Less knowledgeable
This post was just published on ZYX Buy Change Alert. SCO hedge is from $25.87. As of this writing it is trading at $93.25. Back in 2014, we called for hedging part of the portfolio with inverse ETF SCO for the very long-term. There are huge profits on this hedge. Profits have
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.