Trading Ideas That Paid – NOG
Weakness in the dollar helped crude oil stem its three-session sell-off. August crude oil rallied for 2.5% in Tuesday trading session, its largest single day move in over a month, to close at $92.89...
View ArticleTrading Ideas That Paid – NOG
Better-than-expected economic data, as well as the anticipated progress being made in the U.S. debt negotiations drove oil prices higher. August crude oil settled higher by 1.6% to $97.50 per barrel....
View ArticleTrading Strategy – Energy ETF
Stocks got off to a strong start Thursday after Spain unveiled its economic reform plans and optimism that China’s government would provide additional stimulus. Most key S&P sectors were higher,...
View ArticleTrading Strategy – Energy ETF
Stocks closed higher for the second session Tuesday, with the S&P traded as high as 1448, as investors were encouraged that a deal would soon be made in Washington to avoid the “fiscal cliff.” Most...
View ArticleTrading Strategy – Energy SPDR ETF
Stocks finished mixed in lackluster trading Wednesday as ongoing concerns over the U.S. debt ceiling offset the strong batch of bank earnings reports. Energy stocks attracted strong buying support amid...
View ArticleTrading Strategy – Energy SPDR ETF
The Energy Select Sector SPDR (XLE) broke out to new 52-week high Tuesday, up 1.62% to 78, following strong earnings from refiner Valero (VLO). This is bullish from a technical perspective. In fact,...
View ArticleTrading Strategy – Energy SPDR ETF
Worries over North Korea together with San Francisco Federal Reserve Bank President John Williams comment that central bank could begin to taper purchases this summer if the economy continues to...
View ArticleTrading Strategy – Energy Select Sector SPDR
Energy sector was under selling pressure Thursday after Exxon Mobil (XOM) posted a 12.3% year-over-year revenue decline. In response, the Energy Select Sector SPDR (XLE) closed near the flat line, up...
View ArticleTrading Strategy – Energy Select Sector SPDR
Stocks finished near session highs Thursday, propelling the S&P 500 to a fresh intraday high as investors welcomed further easing from the European Central Bank. Most key S&P sectors finished...
View Article