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DO Trade Setup

DO (Diamond Offshore Drilling) is on watch for a possible official long trade idea. While a break of this downtrend line + the 24.75 level could spark a lasting rally, I'm leaning towards a brief pop followed by a backtest of the downtrend. I'm only passing DO along as an unofficial trade idea for now [...]

Apr 20, 2016 10:37am|Categories: Unofficial Long Ideas|Tags: |1 Comment

Peak Oil vs. Oil Glut

The longer that I trade & invest, the more it seems like I'm watching the same movie played over & over every few years. It's the never ending cycle of booms & busts and if I were to categorize the genre of movies that I'm watching, I'd have to lean more towards labeling them as [...]

Jan 13, 2015 1:15pm|Categories: Completed Trades - Long, Gold & Commodities, Long-Term Trades- Completed|Tags: , , , , , , |Comments Off on Peak Oil vs. Oil Glut
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