ERY appears to suggest upside opportunity. Not sure how awe-some_sto-cks finds all these incredible trade ideas but im happy.
I think ERY is due for a pullback. What are your thoughts? Ive been struggling with this stock lately. Some of my other trades have been from awesome_sto-cks which are working out pretty well.
The trading setup for ERY looks very enticing. the other week awe-som*sto-cks alerted this company i think. google them .
What's driving this up today.
Very difficult to see ERY not making a big run north. Yo you should really check out AWE-some.Stocks, they seem on point with their stocks.
Perhaps a short-term pull back is more likely before the next rally on ERY? Ive been struggling with this stock lately. Some of my other trades have been from awe.some.Stocks which are working out pretty well.
ERY appears to suggest upside opportunity. if you guys have questions you should ask awe_some_stocks. They often respond to my emails which is helpful.
The scenarios are quite interesting at current levels for ERY. if you guys have questions you should ask awesom-eSTOCKS. They often respond to my emails which is helpful.
xle is an excellent index to forecast. Ery/Erx are a tradable on a daily or multiple day swing trend basis.
watch the pre and post trading sessions to see rebalanced pricing.
since Dec 2016, I have 10 long only ERY trades all winners. my gut says oil still in a range. hard to get oil above $56!
Nice 6% pop yesterday. I doubt oil goes any lower than $40/ bbl. I will try to sell 14's today. Continuing low prices will start the consolidation of second tier companies like we saw when oil broke $100/ bbl.
This ETF has a propensity to rise in a non-trending market. Oil in $44-56 range and majors in XLE cost cutting mode. Once majors rally, this 3x etf will get crushed, until then stay LONG.
I posted about using the daily $ERY ETF as a hedge a few times. It's based on the XLE -3x, not on oil price. On days like today, my $RDSB long position lost $90 while ERY gained $111. I like the offset.
No option decay but one sided positioning. 8 long trades since last December all winners. Easy to buy at discount($10.50 recently) and sell at premium(around $13currently).
For nimble traders only. If oil stocks rally significantly, $ERY will crash hard. I think we're in the $44-56 range for another year in WTI. I
Direxion Energy Bear 3X _ Trip NYSE $ERY Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is -0.8 In other words, the correlation coefficient of the other stocks
$ERY pulled back for the past few days but looks like it's ready to turn up again. We'll see what happens tomorrow, strength shown just before close and after hours needs to carry through into tomorrow.
http://yugestocks.com/?s=ERY has an alert for $ERY. Did anyone happen to see it as well? Looking for some good positive information from the company! _a synonym-a word you use when you don't know how to pronounce the other. Making money day trading.
Yuge Stocks: Trading Stocks and Making Money
Stock alerts from the Yuge Stocks. Stock trading, making money and always looking for the next big money maker.
XLE getting crushed down 1.9%, $rdsb down 2.3% intraday. I doubled up with $ERY (up6%)and hedging against high reserves and today's drop in spot. More weakness ahead as we open new pipelines. $51.13 is my stop and will still make money.
http://monstastocks.com/?s=ERY has an alert for $ERY. Did anyone happen to see it as well? Looking for some good positive information from the company! Trading stocks day trading. Rangnekar's modified rules concerning decisions: 1) if you must make a decision
Monsta Stocks: Trading Stocks and Making Money
Stock alerts from the Monsta Stocks. Stock trading, making money and always looking for the next big money maker.
$ERY has a great correlation to $RDSB. This hedge can unravel quite quickly due to "daily adjustment to XLE ". However, oil needs to stay below $60/bbl to stay long a short position. I will cover if oil hits $59.
Ouch, got crushed today. Was down 6% in intraday while index up 2%. Long since December 2016. Off label use of this ETF. Hopefully more oil supply, weaker demand and stronger US$ will let markets clear at $50 not $60/barrel. I bought the dip.