Energy was indeed the place to be today, but given the price action in the overall market, I am unimpressed. We have Fed speak tomorrow which will likely be a market mover, so don’t expect volatility to disappear in the short term.
Our top hybrid movers on the day remain in the energy space, with names like $BAS & $APA exploding from oversold levels. I am excited about the opportunity to come in the space as patterns set up and give us high probability trade setups. Here’s a look at the top movers on the day:
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Other than the energy space, nothing excites me here. $AA stopped me out for a loss today, and my watchlist remains thin pickens. I will continue to search for the next trade, but for the most part am content slowing down into year’s end. Here’s a list of movers today for those that feel like going through charts: CLICK HERE.
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Nice catch on $FRO yo…
That thing was a monster. On a side note, you need to get your steps up.
I’m in it since $1.80 when Fly called it long ago. I will be happy when it’s $10. On your side note.. you son of a ….