Oil In Focus

Oil In Focus

The big news of the day so far is OPEC agreeing to cut 1.2m barrels per day. Crude enjoyed most of its gains before the news hit.

Individual stock momentum has waned a little bit, and my best short-term market barometer for the market is my 5-day rolling watchlist, and that has been weak. That can obviously change in a heart beat and just tells you that it ain’t always sunshine and rainbows.

Below are the stocks on my watchlist that I have an interest in getting long if and only if they go through yesterday’s high.

A majority of stocks move in spurts, after a period of consolidation they tend to breakout in the direction of the preceding trend, the spurt typically lasts 3-5 days, here’s an example;

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

By |2018-02-02T12:07:56+00:00|

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