by adammesh | May 18, 2022 | News
Market Recap For May 18th, 2022 So much for higher prices. In what has been a common occurrence over the past 2 months, rallies end quickly and are commonly reversed. Unfortunately, so are the selloffs. Yesterday left a definitively bearish tone, so expectations...
by adammesh | May 17, 2022 | News
Market Recap For May 17th, 2022 Monday’s consolidation led to an upside break, which was the likely outcome based on the preceding move. Tuesday’s rally was still in full force at market close, which means higher prices should still be coming. Yesterday’s Sector...
by adammesh | May 16, 2022 | News
Market Recap For May 16th, 2022 Not much happened in yesterday’s market. The major indices waffled from red and green, ultimately closing after having made little progress. Monday appears to have been a consolidation day, but at consolidation before heading higher, or...
by adammesh | May 14, 2022 | News
Market Recap For May 13th, 2022 Thursday’s closing stretch was a bullish one, so following through on Friday was not much of a surprise. The market is overdue for a relief rally, but it’s hard to say whether or not the current one has legs, or will it be over almost...
by adammesh | May 13, 2022 | News
W&T Offshore, Inc. engages in the production, exploration, development, and acquisition of oil and natural gas properties. It focuses its operations in the Gulf of Mexico. Take a look at the 1-year chart of W&T (NYSE: WTI) below with my added notations…...