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 the outlook for crude oil & USO (crude ETF), followed by coverage of XLE & over a dozen of its top components.
The WMB (Williams Companies Inc) Long Swing Trade + Growth & Income Trade hit the final target, T2 which was the primary downtrend line, on Friday for a 22% profit. As T2 was the final target, WMB will now be moved to the Completed Trades category. WMB daily May 9th note: I will be spending some time updating the trade ideas today. As there are numerous trade ideas, both long & short, that have either hit their profit target(s) or exceeded their maximum suggested stop, email notifications will only be sent out on any trade updates that are [...]
The WMB (Williams Companies Inc) Swing Trade + Growth & Income Trade hit the first target, T1 at 19.72, on Friday for a 21.4% profit in just 9 trading sessions. Consider booking partial or full profits and/or raising stops, depending on your trading plan. T2 (the yellow downtrend) remains the final target at this time although an update will be posted if I decide to extend any price targets or close the trade early. Previous & updated daily charts:
An overview of the active long trade ideas plus several other long trade ideas that look compelling at this time, both swing trades as well as longer-term Growth & Income trade ideas. The video starts out covering the Active Long Trade ideas, followed by about 9 unofficial but compelling trade ideas. For those wising to skip ahead to a particular trade, the following stocks are discussed in this order: ABY, LL, MOS, NAT, PEIX, POT, SOYB, WMB, NRF, SPLS, CSX, BBD.B.TO, FXI, RSX, EWA, & EWC.
First off, just a quick FYI on the recently posted WMB (Williams Companies Inc) Growth & Income Trade setup: I had incorrectly listed the price target in the previous post. The typo has been corrected, please re-visit that post to view the corrected details of that trade setup if you viewed it earlier and are considering a position. I also wanted to reply to a couple of questions that member @trgfunds had posted in the comment section under the WMB setup. His comment: "Hi Randy thanks for the idea. I’m curious with these income trades do you ever worry about the [...]
The following Growth & Income Trade setup lists specific entry criteria, price target & suggested stop for WMB (Williams Companies Inc.). Please log in or sign-up for your free 3-week trial to view the chart & trade details.