Tag Archives: xom

Has Crude Oil Printed An Intermediate Bottom ?

From a cycle standpoint, crude oil remains very difficult to read at present. ¬†Although sentiment and momentum indicators looks pretty oversold at present on a short term basis, I still am unsure if we printed an intermediate low in March … Continue reading

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Exxon Mobil Will Bounce Back

Exxon Mobil (NYSE:XOM) has suffered as of late due to allegations of cooking the books with regard to its climate change research and its assets. However with crude oil rallying strongly in the wake of the inaction on the Fed’s … Continue reading

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Crude Oil Should Bottom Soon

Oil is a market that could get crucified if stocks sell off tomorrow. If we do indeed get a sharp pullback in this sector, I will look at Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) as possible option trade canditates if … Continue reading

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Exxon Mobil To Put In A Bottom Soon

Exxon Mobil (NYSE:XOM) recovered well after selling off initially after its poor Q2 earnings numbers. Poor refining spreads along with lower production resulted in only $1.7 billion in earnings for the quarter. However I see crude oil putting in a … Continue reading

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Exxon Mobil’s Q2 Earnings

Exxon Mobil (NYSE:XOM) Should Bottom Soon but only because crude oil is due to print an intermediate bottom any day now. Exxon has had quite a run-up over the last month and its upcoming Q2 earnings may be used as … Continue reading

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