Recent Articles

How I Track the XOP: Developing Intuition with Consistent Metrics

I’m not one of those traders who lives by the theory that trading must consist of an absolute set of rules and indicators which must never be deviated from. Over 19 years I’ve become mostly a discretionary trader, a combination of art and science. […] Continue Reading…

Energy Sector Trading Plan November 19-23

The last six weeks have offered some great trading opportunities in the upstream E&P subsector of energy. Most of the opportunities have been on the short side, but the rips back to the upside have been pretty good too, if you can find the […] Continue Reading…

Longer Term $XOP Thoughts, Past and Future

I haven’t been writing too much about the Energy Sector lately, as I took June – September off. One factor that persuaded me to take the summer off was that I just didn’t agree with where the sector was going. I was completely bearish, […] Continue Reading…

The Hidden Element of Daytrading

Sorry for the lack of posting this summer, I’ve been trying to sharpen my trading method and haven’t been doing too much actual trading lately. I’m going to be posting a series of articles on the things I have come across this summer that […] Continue Reading…

Oil and Gas Equities Weekly Outlook for Monday, April 23

It was a very strong week for the XOP and energy stocks in general. I was mostly on the sidelines until Friday, but I’m starting to get back in the flow with the bullish side of the market. To be honest, the spike in […] Continue Reading…

Oil and Gas Equities Outlook for Monday, April 16

It wasn’t a good week for my short XOP position due to the Syria and geopolitical events and it looks like I’m going to be on the sideline this week in energy. I feel like I’m the lone bear in a world full of […] Continue Reading…

Oil and Gas Equities Outlook for Monday, April 9

The XOP and XLE both made nice recoveries Friday afternoon to end the week in fairly decent shape. Things could have really got out of had late Friday, but there seemed to be some bargain shoppers sitting down near the bottom of the range […] Continue Reading…

Oil and Gas Equities Outlook for Monday, April 2

Sorry for the lack of posting lately, but there just hasn’t been much to say with energy stocks trading in a very tight range for the last couple of weeks. I’ve actually been trading the SPY more than the XOP/XLE because of the complete […] Continue Reading…

Oil and Gas Equities Outlook for Friday, March 23

Energy stocks just can’t catch a break. We finally get the long awaited breakout of 35 and a move over the 50 day moving average for the XOP and now the SPY decides to roll over. The XOP closed back under 35 again Thursday, […] Continue Reading…

Oil and Gas Equities Outlook for Monday, March 19

Friday’s action was interesting. Around 11:30 am someone hit oil really hard sending price up sharply. That move carried the XOP up with it and the index managed to hold most of those gains sitting between 34.40 and 34.60 for the rest of the […] Continue Reading…