This post was just published on ZYX Short Sell Change Alert. Oil ETF USO is short from $9.54 for a short-term trade. It has now fallen to $8.98 as of the writing in the pre-market and very volatile. Consider taking profits on 25% of the full core position size right here. Consider
This post was just published on ZYX Short Sell Change Alert. Please see the Morning Capsule about Libya and Nigeria weighing on oil. This has been a good example to how following Trade Management Guidelines gave you a good entry price. Trade Management Guidelines are the techniques that billionaires and hedge funds
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
With OPEC and Russia negotiations in play this week, I have been getting a lot of emails from investors about oil. Many have strong opinions. Some think oil is going to go down to $25 a barrel. Others think it is going to go up to between $75 and $100. Given
Many investors have seen their “stops” — orders to sell securities to protect from losses — triggered only to see the stock market reverse course and post gains. Other investors have ended up selling securities on technical signals, and then the market does the opposite. I have received many questions
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