We Finish the day Lower.
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Joined Jan 27, 2008
7,405 Blog Posts
Pair Trade
Long USO @ 103, Short ENER @ 65.70
[[USO]] , [[ENER]] Comments »Oil Receives the Homo Hammer
Short Oil continues to work, but for how long? Alternative energy stocks are getting killed take a look at [[FSLR]] & [[CSIQ]], however [[CLNE]] & [[GU]] remain in the green. Odd, no?
Has the game plan reversed course? Is it really long the banks, short oil?
One could buy an [[HK]] or [[CHK]] at these levels, but to me it make more sense to pick up a refiner here.
Are you a buyer of oil here?
Note: [[ENER]] looks next in line to fall, I’m all over it below the 50 MA.
Comments »Morning Thoughts
Did I mention that I love [[HA]], and hate [[CRM]]? This morning I caught a delightful downgrade in CRM helping my short position bank coin. I also have HA busting out to fresh highs.
Did I mention that you need to look at the refiners? Check out [[HOC]] & [[VLO]]
Did I mention I held [[AAPL]] through earnings? That was a mistake.
Comments »Earnings – Tomorrow
Tuesday:
- AK Steel Holding Corp AKS
- Baker Hughes Incorporated BHI
- Biogen Idec Inc. BIIB
- BJ Services Company BJS
- Broadcom BRCM
- Caterpillar Inc. CAT
- E*TRADE Financial Corp. ETFC
- Freeport-McMoRan Copper & Gold FCX
- Halliburton Company HAL
- Illumina, Inc. ILMN
- Intuitive Surgical ISRG
- Jacobs Engineering Group Inc. JEC
- Jefferies JEF
- JetBlue Airways JBLU
- Nabors Industries NBR
- optionsXpress Holdings, Inc. OXPS
- Raymond James RJF
- Regions Financial Corp. RF
- United Parcel Service, Inc. UPS
- UnitedHealth Group Inc. UNH
- VMware, Inc. VMW
- Wachovia Corporation WB
- Washington Mutual WM
- Western Union Co. WU
- XTO Energy Inc. XTO
- Yahoo, Inc. YHOO
