Devil Dog’s top pick set to explode higher.
Caution: Thinly traded, set limit orders. I’m long from $95
Comments »Devil Dog’s top pick set to explode higher.
Caution: Thinly traded, set limit orders. I’m long from $95
Comments »If I may be so bold and use one of Fly’s previous headlines.
To me it makes sense buying oil & gas into this shitstorm. You can use the simple approach and buy [[DIG]] like my man Donny, or you can pick from the rubble.
Looking at fundamentals only, here are the best plays:
Looking at the chart below it is obvious why we see the collapse in oil. But, how much longer can this last with the Gov’t printing billions upon billions of dollars?
Is this a head fake? or is the dollar for real?
Comments »At the moment the futures are down over 100 points with Asian stocks getting merc’d. As I do my routine scans, I notice a similar pattern, everything is trading near the top range of the “famous triangle.”
This is a perfect opportunity for the bears to pick up the ball and run with it. I will keep things simple and play the downside with puts in the Russel 2000, [[IWM]] .
Trader Stewie has a good video out on inverse ETFs, Check it out. Next leg down?
[youtube:http://www.youtube.com/watch?v=XERvmx2WCVs 450 300] Comments »