Here’s my take on the action going forward…
The oil trend is broken for the next few weeks. Sure, we may bounce for a day or two here on storm fears, but I don’t think storm jitters will do much to alter the technical damage and institutional outflow we’re seeing right now.
The USO is below its [...]

I’m not shorting oil directly but I have been playing the airlines for trades such as - AMR which has worked well - and now I am looking at a TA trade with TSO
I bought some today at 23.45 and will use the 52 week low as the stop out at 21.70
If oil does crack [...]

I just want to thank all 15 of you who voted for there support.  Very interesting race we have.  I wasn’t aware that the results could be viewed before you vote, that makes a disadvantage for people who are not in the top 3 places early on in the polls. Despite this, I still seem to have [...]

Here are some stocks I have been looking at. There are 2 bullish and 2 bearish picks. Let me know what you think.
Bullish stocks
1 AUY. This stock just broke through resistance and is trading at $18.21. This looks like a good trade. Maybe buy it here put a stop at $17 and ride it [...]

Fueled by my official iBC breakfast of GW’s roast beef hash, eggs over easy, and some Loca Moca Java Monster and inspired by Woodshedder’s sector performance review, I decided to do some digging of my own.
So here’s a short- and near-term performance comparison of some of the world’s major markets/indices:

Feel free to draw your own [...]