I’ve been trying to find what drawn object or study is more helpful for USO. I’ve got to say, this channel isn’t too bad a way of looking at it.

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I’ve been trying to find what drawn object or study is more helpful for USO. I’ve got to say, this channel isn’t too bad a way of looking at it.

Good morning, everyone. A fellow Sloper wrote me with a list of ticker symbols for uranium stocks and was wondering what my opinion was. Well, I don’t have any particular opinion, but perhaps some of you folks do, and maybe you’ve got other tickers you’d like to suggest as we await what is bound to be another intriguing trading day.

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Every week I post my High Probability, Mean-Reversion Indicator of roughly 25 ETFs with the most liquid options. The indicator provides a quick glance into the current overbought/oversold levels along with current levels of implied volatility and the associated IV rank.
(more…)Consider this a contrarian signal if you like, but the white flag you see being waved is me surrendering to the energy bulls. I just can’t take this kind of thing anymore from XLE…….
