This video provides a comprehensive overview of crude oil, the energy sector (via XLE) and over a dozen of the top components of XLE. Numerous trade ideas, including objective entry points & price targets on USO, XLE and some of the most attractive trade setups on individual energy stocks are covered. The video begins with [...]
This video begins with the outlook for crude oil followed by analysis of XLE (energy sector ETF) and XOP (Oil & Gas Exploration & Production ETF) along with the top components of each sector.
This video lays out the case for a broad-based correction in the US stock market reviewing the charts of the following sector ETFs in this order: XOP (futher expanded on with a discussion of the follow top components: XOM, CVX, COP, OXY, PSX) followed by GDX, XBI, XLY, XLF, XLP, XLU, XLI, XTL, XLK, XLB, [...]
CVX (Chevron Corp.) has now hit my final downside target that was posted here a just over a year and a half ago. In that post back in January of 2014, I stated that "the case has been made that the current cyclical bull market in CVX, which began with the Oct 2008 bottom in [...]
One of the questions that I get from time to time is the methodology that I employ in determining my price targets. Although a more detailed explanation can be found in the new Q & A section (located on the main menu bar), here's a real-time example of a price target calculation for CVX. Shortly [...]
The next sell signal for the ERX/XLE short trade will come on a break below this 60 minute uptrend line on XLE (Energy Sector ETF). XLE 60 minute May 1st Shortly after the ERX (3x energy long etf) short entry yesterday, I followed up with a post of this 60-minute chart of [...]