This post was just published on ZYX Short Change Alert. Oil continues to be aggressively bought by the momo crowd. However, Smart Money continues to lightly sell it. EIA Oil Inventories came at -4.2 million vs. consensus of -2.65 million. It is important to look at gasoline inventories, especially as we
This post was just published on ZYX Short Change Alert. Initiate or add to USO up to 25% of the full core position size in the zone of $11.88 to $12.23. Buy stop on a 15% tranche is in the zone of $12.37 to $12.58. Target zone to buy to cover is $9.75
This post was just published on ZYX Short Change Alert. Oil market is one of the most volatile markets in the world. Therefore it is suitable only for aggressive investors. To properly handle the volatility, the top band to short USO is being raised to $11.75. Stop zone on one-half of
This post was just published on ZYX Short Sell Change Alert. Starting a new trade around position short selling USO scaling in right here at $11.28, up to $11.47, with a stop on one-half of the position in the zone of $11.68 to $11.88 and mental stop on the other half in the
This post was just published on ZYX Buy Change Alert. Due to high interest in oil, two posts published in ZYX Buy Change Alert this morning are being reproduced below: TAKE MORE PARTIAL PROFITS ON SCO HEDGE SCO hedge is from $25.87. As of this writing it is trading at $185.50.
This post was just published on ZYX Buy Change Alert and ZYX Short Sell Change Alert. For us to recommend, a stock must pass at least four of the six screens. We prefer a stock to meet all six screens. Our rigorous criteria has led to enviable performance over a long
This post was just published on ZYX Buy Change Alert and ZYX Short Sell Change Alert. For us to recommend, a stock must pass at least four of the six screens. We prefer a stock to meet all six screens. Our rigorous criteria has led to enviable performance over a long period of
At a time when stocks are hitting highs, oil prices have been cut in half. Relative to past prices, it is tempting to call oil “cheap” and buy it. Indeed, there are many bullish calls by analysts to do just that. I receive a very large number of emails, and
This post was just published on ZYX Short Sell Change Alert. There are great profits on oil. Consider realizing profits and exiting the position in the zone of $50.26 to $50.88. Oil is trading at $50.84 as of this writing. USO eq is $17.04. SCO eq is $76. You are receiving less than
This post was just published on ZYX Short Sell Change Alert. Oil futures are short from $61.05. Those who entered the trade on the second call to initiate have an average of $62.20. USO eq is $21.17 and SCO eq is $52.30. As of this writing oil is trading at $52.23, USO is