Falling Off The Cliff

December 21, 2012
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Forget The Cliff, Just Trade It

December 20, 2012

It’s Now All About The Financial Cliffhanger

December 18, 2012

Expect Volatility This Week

December 17, 2012

Energy Stocks Are Running On Fumes

December 13, 2012

This morning, many of the leading energy stocks are coming under early selling pressure. The important and highly followed Energy Select Sector SPDR (NYSEARCA:XLE) is trading lower by 0.28 cents to $71.88 a share. The daily chart of the XLE should have a lot of resistance around the $73.00 level. Short term traders should watch for intra-day support around the $71.50, and 71.20 levels should the XLE decline further.

Some leading energy stocks that are declining lower today include Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (NYSE:CVX), ConocoPhillips (NYSE:COP), and Anadarko Petroleum Corporation (NYSE:APC). Traders should remember to keep a close eye on the U.S. Dollar Index when trading the energy stocks. All of the stocks mentioned will generally trade higher when the U.S. Dollar Index declines on the trading day.


Expect Some Shaking And Baking In The Markets

December 13, 2012

Bernanke Speaks: Analysis And Trade Levels Via PPT Strategies

December 12, 2012