Here are some of the most noteworthy new highs and lows across the markets for Friday,February 7, 2020. Johnson & Johnson $JNJ Breaking Out…

Here are some of the most noteworthy new highs and lows across the markets for Friday,February 7, 2020. Johnson & Johnson $JNJ Breaking Out…
A key index of oil stocks continues to hold above its reclaimed 30-year old Up trendline; however, it’s been unable to mount any bounce off…
Crude oil prices may be hitting the most significant level of resistance since launching their rally in February. In a year of interesting market moves,…
Oil stocks are at a seemingly “must-hold” level within their long-term reversal attempt. If there is one sector that best symbolizes the prospects of the post-February…
A key index of oil stocks has moved back above its (temporarily broken) 30-year up trendline…for now. “If the XOI can reclaim that broken trendline,…
The current test of a 30-year trendline could determine whether or not the bounce in oil stocks is sustainable. What do all the inquiring minds…
The post-1985 UP trendline could provide support for the XOI Index – but a break could accelerate losses. With oil and oil stocks at the…
Despite sharp bounce, energy funds have not yet attracted heavy inflows. Much of the market debate currently is centered around the question of whether the…
One of the biggest casualties of the recent stock market decline has been energy stocks. One may even argue that they are the culprit, or…
Back on March 19, we noted that the key Oil Services Index (OSX) was testing an important line of support. Specifically, it was the 61.8%…