The action in oil continues to impress me. A move above $55/bl and we could see a pretty significant breakout in prices. Conversely, a move below $51 and prices probably deteriorate into spring. My bet is for higher prices as I’m long $ERX in size. Our runner screen inside Exodus is also flagging many names within the industry, a few of which are worth watching below:
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Oil still remains in a tight range on a weekly basis. A move one way or the other is coming, and soon. Let’s keep a close eye on the action as we head into next week:
SWN is almost entirely nat gas so is this a call for nat gas prices also?
The whole complex
RC,
Are you holding on to your $TWTR position?
I am. If twtr was a person, I’d punch it in the face.
Me too, it’s my largest position.
http://ibankcoin.com/option_addict/2017/02/10/this-feels-like-the-final-capitulation-in-twtr/
I like OA’s post. One more add for me down here.