More patience may be needed before a meaningful upside reversal.
Likely downward revisions in energy earnings will create a ripple effect that will bring down expected aggregate earnings growth for the S&P 500 as well.
We may see the grand capitulation this commodity needs in order to bottom.
Seasonal tendencies call for late-June and early-July strength in crude oil.
Watching things get worse while hoping they'll get better is very draining.
Keep your sell-stop below $104.
We should sit up and take notice of EQT paying $6.7 billion for Rice Energy.
Prices are testing the flattening 40-week moving average line.

Exxon Rises Amid Oil Carnage Real Money Pro($)

Money flow just turned positive, and we should see more upside with a follow-through day.
This stock's chart remains in a downtrend.

Columnist Conversations

we'll take this nice winner off the table SOLD ADSK AUG 105 CALL AT 9 (in at 4.45)


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