The ideas that I usually shared generally have and argument in common, I find a strong Industry and I pick stocks
in this Industry or Sector that are bullish, In this series of ideas, called (Bullish Oil_Futures = Energy Companies)
The Fundamental concept is that Bullish Oil_Futures represent higher earnings in the future for this type of companies,
but Not all...
Consolidating nicely. Could be a good breakout if we get the volume. Adds to the case vaules of being over the moving averages and the 9,20,50 all being so closely tied. Target would be 64, it has seen a lot of action acting as S/R at that area.
With oil prices on the rise, we should see an increase in earnings for oil/gas and plastic manufacturing companies.
APC is an American petroleum and natural gas production company headquartered in Woodlands, TX. It has out-performed the S&P by 7 percent over the past 4-weeks.
APC currently trades below its 52-week high (73.33) at 47.79. It's average Put/Call...