ETF Sector Spotlight For 05/17/2022

ETF Sector Spotlight For 05/17/2022

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...
ETF Sector Spotlight For 05/16/2022

ETF Sector Spotlight For 05/16/2022

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...
ETF Sector Spotlight For 05/13/2022

ETF Sector Spotlight For 05/13/2022

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...
W&T Offshore (WTI) Is Channeling Upward

W&T Offshore (WTI) Is Channeling Upward

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…...
ETF Sector Spotlight For 05/12/2022

ETF Sector Spotlight For 05/12/2022

Market Recap For May 12th, 2022 As has commonly been the case lately, markets waffled from down to firmly in the green to solidly in the red. Days have been riddled with back and forth. However, when it’s all said and done, the direction has remained lower....