Exelon Corporation (NYSE:EXC) is the largest operator of nuclear power plants in the United States. This energy stock like so many we have been discussing in recent weeks is one of the few symbols out there showing order. We expect its recent strength is at a short term exhaustion point, and are trying to…
The Gold ETF (NYSE:GLD) Has rallied up and away from the green zone exactly as forecast. Now, it is reaching areas of short term exhaustion and will likely wiggle back to relieve some of the short term selling pressure. We expect this wiggle to be short lived as price seeks the areas discussed in…
The S&P 500 index proxy (SPY) is ping-ponging between the ivory zones. We are waiting and watching to see when price can show a coherent surge of power in either direction before taking any primary risk in this market.
Cabot Oil and Gas (NYSE:COG) has broken out above the highs of the blue zone, thus disqualifying the trade as our price target has been reached.
