PAST TOP PICK
(A Top Pick Nov 25/24, Down 2%)

(Note the short timeframe.)  Energy's been under a bit of pressure lately. Still nothing wrong with the chart. Could pull back a bit more, but the trend is up. Great company. Fundamentally, one of the best. 

PAST TOP PICK
(A Top Pick Nov 25/24, Up 12%)

(Note the short timeframe.)  Thinks it will go to old highs. He's been buying the producers. A better trade than gold right now, as gold's a bit overdone.

PAST TOP PICK
(A Top Pick Nov 25/24, Up 3%)

(Note the short timeframe.)  A value and defensive play. Still holds, as he'd rather have value than growth. Mags 7's have imploded, while this stock's gone up. 

SELL

Tariffs have spurred a flight to safety, and banks can be a good place to be. Level of resistance going way back to 2022, and the stock decided to fall when it reached that level again. Things happen for a reason, investors have memories.

The question is: How much selling will take place? Not a prediction, but worst-case is pullback to ~$130; a 50% chance or greater that it will do that. A near-term trader like him would probably sell now, get back in later. A long-term, buy-and-hold investor would probably just accept the fluctuation.

HOLD

Chart's seeing a pause, because it ran up so fast. And that's OK. Markets pull back in 2 ways: either by going down, or by consolidating. There's a really good case for owning gold. This one could consolidate for another 1-2 months or so, and then break out. If he owned it, he'd hold.

SELL

Small position. Not a great-looking chart. Thinking of selling. A potential candidate to raise cash in his portfolio.

HOLD

Problem with the chart is that it's arcing up, making a sharp angle up. Sharp angles up almost always correct, by a little bit or a lot. The trend's been in place long enough that it will probably correct just to the trendline, around $35 or so. As long as it didn't crack $35, he'd continue to own.

WATCH

Likes the chart. 2024 was bananas, and the stock went parabolic and probably well over 15% above its 200-day MA. So it had to fall. Possibly testing the trendline. He needs to see evidence of a bounce, but if it did he'd be all over it. Great company.

SELL

Support level around $13 was broken. Not great news from his viewpoint. He'd want to know if the company is stable enough to continue paying the dividend. If yes, it'll probably move up again.

WATCH

Coming into the time when you want to own energy, between mid-February and May/June. Chart shows it's at, or maybe below, support. He'd need to see a bounce to be bullish on it. Watch for another 2 weeks or so; if it breaks down, you have to get out.

COMMENT
Oil seasonality.

From around mid-February to the beginning of June or so. It's when oil producers stockpile ahead of the summer driving season. NA is the biggest customer of fossil fuels for driving. Means that energy stocks can tend to go up a bit during that time, and then go flat after June.

HOLD

Parabolic move, which will wash out either in a downtrend or sideways action. Got the pullback, seems to have based, seems to be bouncing off. Resistance around $30. Doesn't look bad, especially in the midst of tariffs, good chance of getting to $30. Have to see if it goes through there.

COMMENT
Use RSI to exit a stock?

RSI can definitely help you, as it will show oversold or overbought signals.

TRADE

In his aggressive fund. Choppy pattern, which he likes for swing trading. Support ~$10, resistance ~$14-15. Could drop a bit more from here. 

TOP PICK

He doesn't like the stock market, so he's looking for alternatives. This is one. Likes that there's the possibility of rates coming down in the US. His downside sell level is ~$86. First target is $95, second target is $100. Not correlated to stocks, so it will march to its own drumbeat (inflation, USD, and interest rate policy). Small dividend.