Why Oil Is Going Higher by Marketsurfer
Wall St. News | Elite Trader
Home heating oil capped price plan
Don't have much experience with heating oil, so I figured I'd poll the wise crowd.My home heating oil company is offering us an optional capped oil price plan. The deal is that they will lock the price at a max of $2.89/gallon until May 2018, in exchange for $195. If oil cost is lower, we pay t...
Marketsurfer says short CapitalOne
SURF ALERTEntered orders to SHORT COF capital one at $81.93 per share. we don't like what we see in this one. Will publish thesis later.surf
US drillers enjoy higher oil prices
In a surprise move pulled off late last year, it has been revealed that U.S. drillers hedged their bets last year against falling oil prices, which is likely to add more pressure to the oil price and push the OPEC cartel into more production cuts.A report by consultancy group Wood Mackenzie ...
Marketsurfer Says SHORT AETNA.
We will SHORT Aetna (aet) on a downside break of $116.00 per share with orders placed at 115.98 per share. This stock is going to sub $100 then further. Peace,surf
Marketsurfer says LONG AMD
We are long AMD from $1.85 see Surf Report for real time entry record.expecting at least 100% on this one---- surf
Oil and S&P Still Moving Inversely?
Since NYMEX oil futures hit their Nov 27 low at $91.27, which coincided closely with the Nov 29 high at 1812.50 in the Emini S&P 500, the relationship between oil and the S&P 500 has inverted to "direct" from indirect. Instead of the S&P weakening, it has moved sideways to higher as oil has rocke...
Hedge Funds playing the oil?
Lately prices at 127$ and above per barrel is absurd. Especially considering that the demand has not grown by 20% in a month. Therefore the underlying force must be speculation and induced fear of even higher prices. Clever Hedge Fund managers has for sure played the oil game lately. With the...
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