All next week, we’re going to focus on the energy sector. Monday-Friday in each After Hours with Option Addict session.
This should be a great spinoff of the recent stock picking boot camp that just concluded. We’re going to break down the sector, rank stocks, group them into lists and focus on individual trades, entries and exits from this analysis.
This means we’ll also be doing a free 2 day trial to After Hours with Option Addict on Monday and Tuesday, to give you some insight into the methods and analysis used…as well as a few trade ideas for the upcoming month.
As for today, booked $CAT calls, bought $EXPE and added to $PYPL calls and bought $NEOT as discussed in last nights session on biotech. Interesting enough, those stocks we picked are 3-for-3 today. Green across the board.
Also stalking $C, and $ERX into the close.
OA
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Bears gotta have its day once in a while
Jeff how to we gain access to free trial next week for after hours with oa
I am surprised you are stalking XLE/ERX. I see XLE on it’s way to <64 but I am certianly not as adept a trader as you.
Coiled up over the last 30 days. Not sure you can predict direction from this just yet.
Dip buying opportunity in erx here??
Hey Bchu, any thoughts on crude?
Exactly – I see the coil and can even make the case it’s digesting this price volume but I think the oil run may be tapped out a bit. Let’s see where Bchu is on it. 😀
Lol!!! Nice one for the weekend.
But all joking aside, with the dollar doing so much and gold rallying big time, I think crude has will eventually follow. You agree??
MOS is boss. FOLD not so much.
Who the hell is bitch-slapping my poor WETF? It’s always a winner around 10.
It’s the Nikkei and the yen. I look for a bounce in WETF here.
Oil wedging it’s way into minor supply looks bearish, but I think the pattern wants another short term pop higher into supply.
http://postimg.org/image/hareoohej/
ERX looks like it wants higher also short term.
http://s33.postimg.org/r4stpy8tb/erx.png
$TOUR looks like the spot to enter. Volatility is at the very low end of the range, but the spread is pretty wide. Were you thinking shares or options?
Crikey! You’re going to ride $NEOT to at least eight, aren’t you?
Market cap of 18 million? I have more than that in my change jar.
Thoughts on DIS ? Looks like a breakout candidate
Got out of my QQQ calls for a 100% gain, but was looking to get 3X out of them, so it goes. My APPL calls are about to go poof…
PYPL sure looks good…
we say that every week
SID is a good gauge of speculation in energy / EMs. I like the call on ERX
KMI for energy play
Jeff, you bought June PYPL calls?
Pypl hates this blog
RUT looks to be leading here
Bought NKE.. looks like some bottom fishing going on.
TECH… now that’s a sea of green volume bars. Too late now but a thing of beauty.
If Janet does the unthinkable, the yield curve will not flatten / invert and the unloved banks will rip. Bought BAC July 17 cheapies.
Bot weekly AAPL 99.5s calls at the open and TWTR 15.5s a little later – REALLY liking the action in YELP