Direxion Energy Bear 3x Shares Blog | Talkmarkets | Page 1
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Oil Targeting $58 PPB Before Finding Support
Article By: Chris Vermeulen
Thursday, June 14, 2018 9:17 AM EDT
Crude is poised to retest the $60.00 ppb level before attempting to find support near $58.00.If this support fails, then expect Crude to fall to near $54.00 ppb before finding support.
In this article: OIL, ERY
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Generally Speaking
Article By: Tim Knight
Wednesday, June 7, 2017 9:21 PM EDT
On the whole, the market remains incredibly and annoyingly stuck. One sector which has mercifully been on the move, and which has been my focus most of the year, is energy.
In this article: ERY, OIL, SPY, USO, XLE, XLF, DRIP
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A Crude Sense Of Humor
Article By: Tim Knight
Friday, May 19, 2017 11:35 AM EDT
This isn’t the first time we’ve had a big “surge” in oil, followed by a renewed collapse.
In this article: ERY, OIL
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Energy Bears Fight Back
Article By: Tim Knight
Monday, May 15, 2017 3:06 PM EDT
Oil is still up 2% on the front month, but it’s a far cry from this morning, when it was up almost twice that much.
In this article: ERY Also: DBC, XOP
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Oil’s Big Week
Article By: Tim Knight
Saturday, May 6, 2017 10:01 AM EDT
The highlight of last week for me was energy’s breakdown. I trimmed my ERY long position about 40% on Thursday, but I intend to get back in at hopefully better prices.
In this article: ERY, USO, DRIP
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