Showing posts with label cvx. Show all posts
Showing posts with label cvx. Show all posts

Saturday, December 27, 2008

Digging Me Some DUG

I traded DUG back when oil was at the bubble with some success. DUG is a weird one for sure, and I learned early from trading the name that its success was more correlated to the the weakness in XOM and CVX than what the actual price of crude was doing. Many days I made money in DUG even though crude was rallying higher. Why? Well, XOM and CVX were getting crushed for whatever reason. So I took a look at CVX and XOM and I think both charts could have problems going forward so I will have DUG on my radar.

Posted by upsidetrader at 1:26 PM PERMALINK 5 comments

Labels: , ,

Thursday, July 31, 2008

Earnings

Nothing much that I care about, except CVX which I am short over night. Hope I'm right. I'm hearing we are waiting from some type of response from Iran over the weekend regarding their nukes, so oil could firm up. And here is the hottest, blogger, nerd, geek on the net right now.

Posted by upsidetrader at 8:27 PM PERMALINK 0 comments

Labels:

Subscribe to: Posts (Atom)

About Me

My photo
I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.