Oil’s setting up to move higher
Keep an eye on oil related (positive: drillers, the USO etf, coal, railroads, solar & negative: airlines, refiners) names as a result.
I’m beat from my trip, but I had a blast. Too bad UCLA lost 
There may or may not be a posted watch list later tonight, and if I have time it will most likely be short. Good luck trading tomorrow.
[...] has to be put to work somewhere. Oil, as I highlighted early last week, has basically hit my primary target of $115-116 today. Who knows how high we could eventually go as [...]
Wordpress Sucks & Market Recap « Trader MD said this on April 16, 2008 at 1:50 pm