|Day Low/High||27.65 / 28.05|
|52 Wk Low/High||20.37 / 46.54|
EOG offers an attractive way to play the surge in oil prices being driven by geopolitical concerns.
These names are showing bullish and bearish technical patterns over the past week.
I prefer a long call shooter, but it is very risky, so only use discretionary capital.
This is our third nat-gas FCG trade in the past three months, and the last two brought nice profits.
The pullback in DVN could mean a longer base period is needed.
There are just 28 trading days left in 2017 and one market strategist is focused on energy.
The tactic is the near-the-money long call shooter for highly discretionary capital.
Diamondback Energy and SRC Energy are two names to like among oil producers.
It could trade sideways for a bit, building a bigger base for a more sustained rally depending on what oil prices do.
I prefer a bullishly biased, out of the money vertical call spread.
This oil play's prospects are much more tantalizing than other 'plain' E&Ps.
Devon Energy's bearish divergence should flex its muscles over the next week or two.
Devon Energy, Diamond Offshore and Wells Fargo bonds will benefit from the new fixed income and regulatory environments.
The company exemplifies an under-valued oil producer with a great balance sheet and prospective acreage.