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Confused ? Don't Know What to Do ?

Well, Wall Street has you right where they want you. In the south, keeping someone confused and preoccupied is called keeping someone "barefoot and pregnant". Today is option expiration and next week seasonality for the markets improve. Oil prices were lower this morning trading at $50.53/bbl. Once again oil appears set to test the $50/bbl support level again today. Soon, I think you'll see a sharp, but temporary break below the $50/bbl mark.

In the meantime, you traders can pick up some shares of the NASDAQ 100 (QQQQ) right here at $35.12. We are adding this to our "Big Picture" portfolio for a quick trade. Be patient before adding to your position in the integrated oils. Wait for around $48-$49 before adding. Our favorite picks are COP, XOM, PTR, and VLO.

Disclaimer—This is for informational purposes only and is in no way a solicitation or an offer to sell securities. I am a registered investment advisor, but only provide solicited advice to clients of our firm in states where we are registered or where an exemption or exclusion from such registration exists. nothing on this website should be interpreted to state or imply that past results are any indication of future performance. carefully assess your own risk tolerance and goals before investing.