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Oil and Gas Stock Daytrading Ideas for Monday, August 10
Aug 10, 2015 Oil Stock Scans Comments Off on Oil and Gas Stock Daytrading Ideas for Monday, August 10
It was another week of pain in the energy sector and it doesn’t look like things are going to get any better anytime soon. My go to play has been a very generic XLE short every day, so I will probably be sticking with […] Continue Reading…
Oil and Gas Stock Daytrading Scans for Thursday, August 6
Aug 5, 2015 Oil Stock Scans Comments Off on Oil and Gas Stock Daytrading Scans for Thursday, August 6
Another down day on Wednesday, seems like the downward spiral has no end in sight. Oil touching new lows with the dollar gaining strength by the day, not a good combination for energy stocks
Clean Energy Fuels Corp. (CLNE) – Once people start realizing that […] Continue Reading…
Oil and Gas Stock Daytrading Setups for Tuesday, August 4
Aug 3, 2015 Trading Blog Comments Off on Oil and Gas Stock Daytrading Setups for Tuesday, August 4
It looked like energy was going to pull out of it’s downward spiral mid-morning, but things fell apart and most of the sector closed toward the lows again. Definitely have to be nimble in this market and not stay too long in trades.
Not much […] Continue Reading…
Oil and Gas Stock Daytrading Scans for Monday, August 3
Aug 2, 2015 Oil Stock Scans Comments Off on Oil and Gas Stock Daytrading Scans for Monday, August 3
Just when things were looking up for the energy sector, Exxon and Chevron ruin the party with terrible earnings. It’s looking like the early week sector run up was nothing more than a dead cat bounce in a sharp downtrend. I’m guessing there aren’t […] Continue Reading…
Oil and Gas Daytrading Scans for Tuesday, July 28
Jul 27, 2015 Oil Stock Scans Comments Off on Oil and Gas Daytrading Scans for Tuesday, July 28
Another ugly day in the energy sector which provided very little opportunity for the long side traders. Yesterday’s scan picks CAM and EQT were tradable, but RIG, MPC and NFX all ran straight down and never provided an entry point, which was probably a […] Continue Reading…
Difficult Trading In The Energy Sector, Monday’s Daytrading Scans
Jul 26, 2015 Oil Stock Scans Comments Off on Difficult Trading In The Energy Sector, Monday’s Daytrading Scans
Sorry for the lack of updates last week, but there just wasn’t much going on from the long side in oil and gas. I spent most of last week trading gold, but hopefully this week energy can get things turned around, or at least […] Continue Reading…
Oil and Gas Stock Daytrading Scans for Thursday, July 9
Jul 8, 2015 Oil Stock Scans Comments Off on Oil and Gas Stock Daytrading Scans for Thursday, July 9
What a complete meltdown out there today. I posted on Twitter early this morning that the scans for Wednesday probably wouldn’t be working very well, and that pretty much turned out to be the case. The only thing from Wednesday’s scans that came anywhere […] Continue Reading…
Oil and Gas Stock Daytrading Scans for Wednesday, July 8
Jul 7, 2015 Oil Stock Scans Comments Off on Oil and Gas Stock Daytrading Scans for Wednesday, July 8
Great reversal Tuesday and having the watchlist of stocks that were relatively strong as compared to the OIH and XLE really paid off. SLB and EOG were great targets that had sustained trends, while MCF and MRC both provided great fixed risk trades. NOV […] Continue Reading…
Oil and Gas Stock Scans for Tuesday, July 7
Jul 6, 2015 Oil Stock Scans Comments Off on Oil and Gas Stock Scans for Tuesday, July 7
It was a tough day out there Monday with oil dropping and the USO down almost 7%. Right now it is just a freefall and trying to trade from the long side is just an attempt at catching a falling knife. Tuesday will probably […] Continue Reading…
Energy Stock Scans for Monday, July 6
Jul 5, 2015 Oil Stock Scans Comments Off on Energy Stock Scans for Monday, July 6
I’m looking for most of the energy sector stocks to be weak on Monday, so the best idea is to be looking short for quick scalp daytrades. The bigger money trades though would likely develop if the market surprised to the upside with a […] Continue Reading…