Recent Articles

Energy Equities Outlook and Trading Plan for November 11-15

It was a decent week for the E&P’s with the XOP adding 90 cents from last week’s close. The action on Friday was encouraging and I think there may be some room to run this week. Trading on Thursday and Friday was very calm […] Continue Reading…

Energy Equities Outlook and Trading Plan for November 4-8

The XOP closed the week at 21.85, which was just one penny higher than where it closed the prior week. In the bigger picture, it went nowhere. The high of the prior week (Oct 21-25) was 21.98 and price tried to escape that range […] Continue Reading…

Energy Equities Outlook and Trading Plan for October 28 – November 1

Energy stocks finally showed some life this week by starting Monday on the lows and finishing Friday on the highs. It was a nice trending week that could continue toward the top of the range around 22.68. Another decision will have to be made […] Continue Reading…

Energy Equities Outlook and Trading Plan for October 21-25

It was a fairly boring week for the E&P’s and XOP, but that rangebound boredom could be leading to more exciting things on the horizon. It felt like there was some heavy accumulation going on all week at the bottom of this latest range and […] Continue Reading…

Energy Equities Outlook and Trading Plan for October 14-18

Last week’s XOP action went about as expected with price staying within that 20.50-22.68 range. There wasn’t enough force or volume to auction outside that fair value range and this coming week could be more of the same. Price stayed in this range for […] Continue Reading…

Energy Equities Outlook and Trading Plan for October 7-11

It was another disappointing week in energy, as the XOP moved all the way across the August range to touch the lows around 20.50. It did manage to hold, but the bounce was very weak and failed right at the middle of the range around 21.55. […] Continue Reading…

Energy Outlook and Trading Plan for September 30 – October 4

It’s time to get very concerned about the future of E&P stocks. There has been non-stop selling every day for the last two weeks. Who is doing all this selling way down here AND right into the face of incredible geopolitical issues? Pull up […] Continue Reading…

Energy Outlook and Trading Plan for September 23-27

What an interesting week, I didn’t realize that it was possible for so many people to be so wrong over a single event. The mass media said it was a historical “world changing” event of terrorism and destruction that would dramatically change the energy […] Continue Reading…

Energy Equities Outlook: Huge Short Opportunity Coming

It has been a great two weeks away and some much needed rest and clarity. Sonoma was a beautiful place and a drive up the coast of California was a great thing to do, I highly recommend it. I see that the bears got […] Continue Reading…

Energy Equities Outlook and Trading Plan for August 26-30

Energy stocks were looking good most of the week testing the top of the latest range a few times and seeming like they might break through, but the China trade issue just derailed everything. Trading is hard, but it’s really hard when trying to […] Continue Reading…