I have been asked to give a list of some small cap oil and gas exploration stocks. Below is a list of many whose current price is above $20. Happy Trades! ARD Arena Resources Inc. ATLS Atlas America Inc. BBEP Breitburn Energy Partners LP BBG Bill Barrett Corp. BDE Bois d’Arc Energy Inc. BRNC Bronco Drilling Co. Inc. BZP BPZ Resources, Inc. CEP Constellation Energy Partners LLC ENP Encore Energy Partners LP EVEP EV Energy Partners LP GIFI Gulf Island Fabrication Inc. HERO Hercules Offshore, Inc. KEG Key Energy Services […]

Happy Trades, Jeff

One of the most powerful market indicators is giving us a strong message this week. This indicator is the “bearish rising wedge.â€? A bearish rising wedge is a technical pattern that is formed as a stock price moves higher on decreasing volume, as the daily trading range becomes more and more narrow. The chart below of the S&P 500 is a great example of the wedge. This pattern fools a lot of investors. Since the stock price is advancing, investors often misinterpret the pattern as bullish. However, the wedge usually […]

  Since 2002, the US dollar has been on a major decline with the index falling from 120 to 75.  During this time, the Euro has risen dramatically with most other global currencies.  Notice the inverse relationship between the dollar and the euro.          Over the past 2 months, a major reversal has begun.  The dollar has been on the rise while global currencies have been falling.                Much of this change in trend is due to the weakening global economic situation which will eventually prompt […]