In early March we looked at the XOP etf made up of oil and gas producers and explorers. At the time it was finally starting to show signs of life after a brutal couple of …
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In the beginning of March we looked at the oil and gas explorer etf XOP. The XOP has gotten hammered over the past 2 years, from a high of about $85 in 2014 to a …
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Crude oil and the dollar have been the source of much of global market volatility across asset classes the past year. The end of QE in late 2014 caused the dollar to emerge from its …
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As the broad market broke out above some key near term technical resistance earlier in the week, and crude oil has stabilized in the low to mid $30s, there has been some fairly speculative buying …
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Is oil bottoming? Your guess is as good as mine. Is the production freeze from some large producing nations announced over night a start? Sure, but given last week’s massive reversal off of 13 year …
Continue readingCrude Oil remains the headline, now down 11% this month a lone, trading very near 52 week and 7 year lows. Today the commodity opened up 3% after supply data came in weaker than expected, …
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On a day that a nuclear energy deal was announced for Iran, which will release the country from stiff sanctions and allow them to sell their oil to a much wider swath of countries, many …
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Here is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. MCD’s – the new CEO laid out his plane to turnaround falling sales in this 23 minute video, be prepared to be underwhelmed: https://mcdonalds.webcasts.com/viewer/event.jsp?ei=1063465 …
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Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. JPM – total options volume ran 1.5x avg daily volume with calls dominating, making up 85% of the days volume. …
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Options activity was once again focused on the energy sector. XLE actually closed in the green by the close for the first time in 5 sessions. Meanwhile, the S&P 500 index closed down 0.7%, its …
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