Yesterday the Dow Jones transport index broke out to the upside. Today we are seeing YRCW make a break to the upside and I like it here for a move to 13 and then 15 stop at 50dma (10.80)
XOP XLE FCG OIH all look good on the break in oil to the upside today. They are finally leaving their multi month ranges. XOP looks the strongest of the group so went with it here. Stop under pivot point at 36
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With 8+ years of trading experience, I've learned to look at the investment world through a contrarian lens.
By going against the herd I position myself to achieve the largest possible returns in the quickest time frame with the least amount of risk.