Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Woodward Governor Company (NASDAQ) - wkly-broke resistance from Jan ‘08- target of inv. H&S ~ 34 –positive PPO cross, ht @theTraderAlamo
Exxon Mobil Corporation (NYSE) - daily- forgot your razor? shave with the XOM triangle
Wynn Resorts, Limited (NASDAQ) - weekly- backing off 38.2% Fib.- target of inverse H&S [...]
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Amazon.com, Inc. (NASDAQ) - daily- bounced from 50daySMA after false breakout- boxed between 50 and 20 in middle of up channel
Google Inc. (NASDAQ) – weekly-broke above primary downtrend line on decreasing volume-coming into congestion range 450-525
Apple Inc. (NASDAQ) - daily-negative divergence on MACD histogram-look to supp [...]
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Exxon Mobil Corporation (NYSE) – weekly- huge symm triangle going back to March ‘08- retreating from downtrend line-watch 20 @ 69.21
State Street Corporation (NYSE) – daily- breaking above 2 month base- if volume comes in 57 could be reached quickly HT @gtotoy
NASDAQ Composite Index [...]
Who Will Win the Race to Develop the Arctic?
In this week’s article for Energy and Capital, I review some of the challenges that face Arctic oil and gas development as reported by speakers at the Offshore Technology Conference 2009.
Last week, I summarized the new USGS report on the undiscovered oil and gas resources of the [...]
Crimped Oil Supply is a Time Bomb
If you need any more proof that the markets are not an efficient discounting mechanism, look no further than the price of oil.
Oil prices in the high $30s to low $40s are nothing short of a ticking time bomb under the world economy, but you wouldn’t know it from [...]
Today’s Market Commentary Thursday February 19, 2009
We got our bottom from yesterday I said 7500 would be support and 7479 was the low. We are holding onto the November lows for the DJ-30 so far. Upside targets once again are 7647 and 7702.
Today, Thursday, I am still looking for more upside movement in the Indexes based on [...]
