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Energy Sector Analysis: Oil, Gas & Solar

This will be the first of several videos covering some of the sectors, industries and commodities that appear to be setting up for objective trading or investing opportunities. This video starts with an overview of XLE (Energy Sector ETF) followed by the outlook for XOP (Oil & Gas Exploration ETF), OIL (Crude Oil ETN), USO [...]

Energy Sector Analysis: XOP & XLE

Member @murphydoc inquired within the trading room if it appears that the Oil & Gas Exploration & Production stocks (ETFs: XOP, GUSH, DRIP) have bottomed. Hard to say if XOP has bottomed yet as there isn't any decent technical evidence in place to indicate that a bottom is likely in place. By my analysis, XOP could [...]

Jul 14, 2017 10:49am|Categories: Equity Market Analysis|Tags: , |0 Comments

S&P 500 Sector Analysis (charts & video)

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities. There is over USD 7.8 trillion benchmarked to the index, with index assets comprising approximately USD 2.2 trillion of this total. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. (source: S&P Dow Jones [...]

Jun 14, 2017 1:54pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , |0 Comments

XLE Energy Sector Challenging Key Resistance

XLE (Energy Sector ETF) is currently trading just below a confluence of resistance levels (horizontal, uptrend line & downtrend line) while the intermediate-term trend remains bearish. Obviously, a break above all three resistance levels, particular the 71.65ish level, would be bullish, especially if confirmed with a bullish cross above the zero line with the PPO [...]

Apr 7, 2017 10:31am|Categories: Equity Market Analysis|Tags: |3 Comments