Allright... AAPL missed. Below $100 AH, here comes opportunities.

This post has been edited by danmooncake: Apr 27 2016, 04:32 AM

Waah.. you are really bargain hunter.

I know it sounds crazy but oil bulls got the momo and it can't stop despite record levels high inventory levels.
Any kind of bad news, they just dismiss but good news like delayed rate hike, they go charging.

Next stop could be $50 here..

So, I'll just stay on the long side until things change around.

Anyway, FB - walau heh... this one completely blow away expectations unlike AAPL.

This post has been edited by danmooncake: Apr 28 2016, 04:32 AM

Yes,.. that FOMO is here. That's why the dips are bought. It will be until all the buyers have bought, and the ship will turn around. We got a few more days to go before May.

Watching now...it is a weekend event. I guess everyone else asleep now?

WTI Oil below 45, .. now at $43.xx
I will not do anything here.
Either wait till $40.xx or above $45.xx again to buy again.

XLE now at borderline of $65 - teasing us.
But, that support line at $62-$63 (50ma crossing over 200ma) is very enticing.
If drops till this level, I will definitely jump back in.

Yup... if Trump wins US Presidential election later.. then watch out. Here comes the 2nd recession.

I think it will probably do that until all bulls are in. Keep buying dips for now.

USO, OIH, XOP including leverage like UWTI, ERX, GUSH all showing more upside to go.

It is crazy despite high inventory levels, it does not matter. Just small news on little drawn down,
or fire in Canada (eventho none of the oil fields or refineries are actually stopped producing), the bulls
keep buying.

I guess we can blame this on AAPL. It's dragging down the tech sector.

They opened the trap door below 92, then jumped down to 90 to look at the abyss.
so, I think I won't be surprised if we take another level down to 85-86 area. That's 2014 Jun/Jul price.
But, if it dives even more.. like 75-80s. It will be devastating for all AAPL fans.

This post has been edited by danmooncake: May 13 2016, 05:26 AM

Above $45.. so, potentially can hit $49-$50 again in next few sessions.
Just a bit of "less bearish" news, the oil bulls are getting excited.

Good luck if you want to hold it over the weekend.

Meanwhile, I got no trading position going into this weekend.
XLE, OIH, XOP, all seems to be pulling back, people are taking profits and money off the table for now.
WTI still holding above $45.

This post has been edited by danmooncake: May 14 2016, 01:40 AM

Congrats for winning! No risk no gain..

Oil movement now is based geog-political issues rather than real inventory or supply vs demand.
The oil bulls will likely trying to push it towards $50 or higher.

and..... XLE wants to see $68 again.

Stay long for this game!

Well maybe for one of two sessions till target is reached..

GS just issued a statement.. we should sell this May and go away.
SP500 will drop 10-15% soon.. maybe 1850.

Wow... UWTI pattern really nice. Breaking out already.

It likely be ignored.
The bulls will keep going, at least near $50... inventory levels does not matter. They'll just use other excuses ..
maybe "potential" additional Nigeria pipeline explosions, or potential higher demand from summer driving seasons.

$49.50.. time to take money off the table if happens.

Crap... oil took a dive.

Yellen team finally said the scary words yesterday.
The bears are definitely out... all majors are retreating finally after "possible" interest rates hike by next month.

Low 80.xx for DWTI might be a good spot to get some here..

This post has been edited by danmooncake: May 19 2016, 11:11 PM

The bulls are still quite strong in supporting oil here.

This post has been edited by danmooncake: May 19 2016, 11:23 PM