doesn't look like the bears will come yet.

despite yellen's remarks to hike rates this summer.

the bulls say wti MUST get past 50!

take care...

Will super bull hitting 50 tonite? I am still holding that magical U crude. Haha

I think it will... darn.. oh well. Just go with the flow. Let see how high it can go.
General market is pulling back a little here.

broader market easing, oil/energy stocks not going higher.

iraqi record output, canadian output resumes.

but oil bulls holding high.

we'll see what api and eia reports say later and tmrw.

if wti starts to decline, think it has some way to go down.

already hit above 50.

Is there any US forum that discuss individual stock like what we did for Bursa Malaysia.

I am currently eyeing on a company called Contravir Pharma seems very promising in future. Any ideas?

wysiwyg.

there are only a few of us here.

mostly on crude futures, some large cap stocks and etf's.

crossed 50 twice in 4 sessions.

objective reached but unable to stay there.

need it go back to 44-45.

if not, no fun.


"happy" = no cut! unlikely opec will do anything on thu.



This post has been edited by AVFAN: Jun 1 2016, 02:36 AM

Whoaa.... am I seeing things? Are bears finally awake?

latest china data - weak.
wti <49.
opec likely to keep output at record highs.
fed rate hike this summer?

perfect storm may be brewing...

This post has been edited by AVFAN: Jun 1 2016, 11:44 AM

please blow apple to 88 i would be happy to add in.

Just for your ContraPharm there is more on Google than I can imagine you'd be able to read until eyeballs fall out.

How might local opinions be of particular use?

really, appl still high potential?

i wanna buy goog/alphabet...

dwti.. go!

i am dead! holding few uwti, 36.6.
wow, what a commodity to trade

The past 2 months trend for UWTI is UP.. so, I think you're still ok. Don't be surprise the Oil bulls still try to turn it around
when it gets back down to the lower band later (around $30-$32) for another round of push up for this driving seasons.

the opec factor...

BREAKING: Brent turns positive; sources say OPEC likely to discuss crude output ceiling

tmrw...?

I got a few batches of XLE here low 66. I think it is at trad-able lows. But, will watch my stop at 66.

i decided to play a bit on dwti.

it's more for tmrw's outcome.

if opec does "output ceiling", wti will go past 50.

if opec does no such thing, it will go below 48.

so, the game is on for 24 hours.

we'll see the volatility by tmrw afternoon.

This post has been edited by AVFAN: Jun 2 2016, 01:57 AM

It's difficult even for intraday when they gap it down, and buy it back during the day. It ends up flat from prior day.
Unless, you willing to risk it with leaving it overnight. Good luck.. hope it works!