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Wednesday, March 19, 2014
IMPORTANT UPDATE
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Sunday, March 16, 2014
Monday, March 3, 2014
Sunday, March 2, 2014
Crude Oil Overbought
Subscribe in a reader Unfavorable winter weather in the US and Europe has been supporting oil prices thus far this year. Oil is not reacting like other risk markets because of the winter and geopolitical tensions in the Middle East & Ukraine. Prices will go lower as temperatures rise, China’s slowdown will compound it even more. READ>>
Brent/WTI Spread Narrows to 4 ½ Month Low link chart
Friday, February 28, 2014
New Buy: MS
Subscribe in a reader Financials look good here, lets take a 1/2 position in Morgan Stanley (MS) entry $30.75- add on pullbacks.
Long Direxion ERY
Subscribe in a reader ITZ has entered the Direxion ETF Daily Energy 3X (ERY) having entered 1/4 position yesterday @ $20.65 & today @ $20.20. ITZ had been long the XLE via ERX entering a 1/2 position on 2/3/14 @ $71 and scaling out @ $84, $86 & $88.
Below is a 60 minute chart of the XLE.
Sunday, February 23, 2014
ITZ Weekend Update 2-23-14
Subscribe in a reader Follow up to last week's Weekend Update
Andrew Su, CEO at Compass Global Markets, explains why he thinks Wednesday's peak in oil prices are temporary and is expecting prices to recede to $95 a barrel by the end of the first-half.
Saturday, February 15, 2014
ITZ Weekend Update 2-15-14
Subscribe in a reader ITZ takes a look at the S&P500 & $CPCE; Gold & Silver Wheaton; the energy sector via ERX & crude oil/ SCO.
Gold & SLW link
SLW Price Objective $30
Energy: ERX link SCO link
Sunday, February 9, 2014
ITZ Open Positions 2-9-14
Subscribe in a reader Markets rallied this week, even off a lousy Jobs Report.
AAPL Apple has repurchased $14 billion of its stock in the two weeks after its first-quarter financial results and second-quarter revenue outlook disappointed investors. Now testing 100ma.
ERX ITZ re-entered @ $71, reversal of ascending channel.
HIMX Himax Technologies will report earnings on the 13th.... bank of America raised their PT from $15 to $20
LULU RBC upgraded with a PT of $56
SCO WTI Crude Oil rallied Friday, testing $100 a barrel. ITZ re-entered Proshares Ultra Short Crude (SCO) LINK
Friday, February 7, 2014
Short WTI: SCO
Subscribe in a reader ITZ is taking a 1/2 position in Proshares Ultra Short Crude OIl ETF (SCO) @ $21 as crude tests $99
Monday, February 3, 2014
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