iBankCoin
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Joined Apr 1, 2010
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Late Night Strategy for Wednesday

4a25343a

Along similar lines to the GDP long idea from a few nights ago, keep an eye on RSPP as a long setup in the hot energy sector, basing quite well on the daily chart, below.

At the same time, the rotation into energy stocks is now well-known and obvious. The sector ETF is stretched, short-term, and any individual long may be paired off with a hedge, such as ERY, to play the sector seeing some profit-taint this week.

Drop me your top tickers overnight.

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RSPP

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2 comments

  1. dominator

    I don’t say it much, but I truly enjoy reading your Late Night Strategy posts every night. Hope they will continue.

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