Thursday, February 2, 2012

Getting Energy

These five stocks hit my buy signal today and some look ready now, and some are almost there.  Comments are on the charts.  Also, two of my four energy shorts worked out nicely, two others (EXXI and NBR) never triggered and look good long, as well.  In fact the whole oil service space is looking constructive, BHI looks good, and I trade HAL a lot, and it is setting up for a buy again.  As all of these break out, there is clear air from a price and volume basis.

If you follow my Twitter posts, you saw that coal is breaking out, and I grabbed JRCC at the open, but you can pick others.  

Comments are appreciated, and let me know if I am helping your trades with these picks.

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