Thursday, September 29, 2016
Joined Jan 27, 2008
6,632 Blog Posts

Deutsche Bank $DB tumbles After Report

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$DB is under pressure today, which is putting pressure on the overall market, on a report that states clients are reducing collateral on trades. It looks like CDS fears are back, and responsible for the market drop just after lunch.

The stock is down 7% on the news. Let’s see if we can hold Monday’s low of 11.23:

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Oil Punches Through $46

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Oil is trading through an important level here, with avengeance. Let’s see if the bulls can hold price above $46 into the close. Here’s an hourly look:

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Note: I bought more long more $RIG & $SGY (Noted real-time in Exodus chat)

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Tim Tebow Hits Home Run At First At-Bat

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I had my doubts seeing Tebow jump to baseball, but maybe he will surprise us.

Instructional League action kicked off today for Major League Baseball with the New York Mets and St. Louis Cardinals taking each other on in the opener. It’s been one of the most anticipated Instructional League contests in recent memory, thanks in part to one Tim Tebow – the former University of Florida and NFL QB who signed a minor league contract with the Mets last month.

So, when Tebow came to the plate for his FIRST EVER professional at-bat, you’ll never believe what he did:

“May the legend of Tim Tebow never die!” – from DraftKings

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Stocks In Play Today

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The 3D space continues to look good this morning as we head into October. $SSYS is back on the runner screen this morning, and looking explosive here.

Oil related names also litter today’s runner screen. Let’s see what the oil inventory numbers bring us in a few minutes. On further strength, I like: RIG, ATW, WLL, ESV, NE, OAS, & DO.

Today’s full runner screen can be found HERE.

See you guys inside the Exodus Chat.

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