Comments on: Late-Session Stock Market Analysis 11-17-20

By: timboz

timboz — Thu, 19 Nov 2020 04:56:02 +0000

I know the feeling … for me it’s because oil itself – I don’t see any guarantees that oil is heading out of its 7 month trading range and on its way to 50 yet … but if it does break that ceiling then a lot of these oil stocks look like they have thin zones that could be shot through in a hurry back up to covid crash breakdown levels … and I would have felt better long term if these stocks had actual divergent lows instead of “almost divergent lows” – thinking of XOM in my specific case

By: JBAINVEST6

JBAINVEST6 — Wed, 18 Nov 2020 13:49:14 +0000

Randy, thanks for your coverage of XLE. I picked up a few of these oil companies on the last dip and they are doing great right now but it seems like they could plummet any day, I am really having trouble deciding when to get out. Feel like I should sell, but they are up every day.

By: becky

becky — Wed, 18 Nov 2020 10:21:25 +0000

In reply to becky. Btw OPTT chart stood out to me. Series of higher highs, higher lows after a prolonged down trend.

By: becky

becky — Wed, 18 Nov 2020 08:59:12 +0000

@rsotc any plans on making analysis of green energy stocks? Seems like a long trend trade?

By: devnat

devnat — Tue, 17 Nov 2020 21:23:25 +0000

Randy
can you please do a chart on BA? Looks like it has broken out