We have never seen a bull run survive this large a net long holding.
But will they get greedy and let the market get too tight over the summer?
I would be a buyer of these calls.
And we have to have a panic point if we are going to be long a name such as this.
A positive environment for traders looks likely to continue Tuesday.
But you'll be dealing with exchange rates, local elections, and all manner of other externalities.
Let's look at XOM's management, why it just lost a couple board seats and what I see ahead.
Here's a play in XOM as it sells below $59.
Chevron is raising its payout and is on solid footing -- for an energy name.
Look for the stock to rally and it could be strong if oil continues its trajectory.