Oil Service Once Again Vulnerable
Insurance
(
$IUX.X |
Quote |
Chart |
News |
PowerRating),
mentioned recently, still looks vulnerable. Continue to look for a buying
opportunity in puts and put spreads here.
Oil service
(
$OSX.X |
Quote |
Chart |
News |
PowerRating)
appears to be stalling out in its rally from lows. This action suggests that its
downtrend remains intact. Look for buying opportunities in puts and put spreads
here.
Follow Up and
Looking Ahead
Gold and silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
may set up on the long side over the next few days.
Broker/dealer
(
$XBD.X |
Quote |
Chart |
News |
PowerRating),
mentioned recently, continued to slide on Thursday but did bounce off of the
intra-day lows. Therefore, if you took trades here, you might want to lock in a
piece.
Software
(
$GSO.X |
Quote |
Chart |
News |
PowerRating),
also mentioned recently, recovered to close well after hitting fresh lows. If
you have trades here, you might want to lock in a piece.
Best of
luck with your trading on Friday!
P.S. Reminder:
Protective stops on every trade!