| | A Drop in Oil Sets a Fire for This Utilities and Energy Play
By Blake Young
Note: Don just closed out his eighth winning IN/OUT trade. People got a crack at a market-crushing 50% gain. Here's how…
Conditions are looking good for the move I have in mind today… | Crude futures spiked yesterday, up to $80.62… and then sold off today, pretty much erasing the gains of the previous two sessions.
From a technical perspective, and I'll show you the charts in just a second, this pushes us, bearishly, toward the lows. | Now, interestingly, there happens to be an inverse correlation between oil prices, energy, and utilities. | See where I'm going with this? I'll show you… | | TheoTrade Daily Chatroom Schedule for Friday, May 31, 2024
8:45 AM to 10:30 AM: A special extended TheoTrade Live with Blake and Brandon
10:30 AM to 11:30 AM: Professor Jeff Bierman shows you… The Way
11:30 AM to 12:30 PM: Blake Young targets more earnings trades
12:30 PM to 1:15 PM: Gianni Di Poce is watching currencies and a lot more
1:15 PM to 2:00 PM: Brandon Chapman checks top-performing stocks and sectors
2:00 PM to 3:00 PM: Tony Rago finds targets in NQ charts
3:00 PM to 4:00 PM: Corey Rosenbloom will make range and trend plays | A Rare Second Shot
Popular demand and market conditions mean we can open IN/OUT again, briefly, to new subscribers. I just closed out the eighth straight win on TLT, the infamous Treasury bond ETF. I'm getting the next move ready now, so this is a good time to jump. Take a look… | Two Great Stock Picks Just Hit | | | We'll talk again soon, | | Don Kaufman
Co-Founder, TheoTrade |
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