What Gives in the Oil Market?

[] Today's market commentary from TradingPub is here! To view this email as a web page, go [here.]( To view this email as a web page, go [here.]( [] [] [] Friday is one of THE biggest trading days of the year — the Nasdaq 100 (QQQ) rebalance! — join Lance and Jack LIVE at 1 p.m. ET and [find some unusual order flow together!]( What Gives in the Oil Market? Dear Fellow Trader: West Texas Intermediate (WTI) crude is having a terrible December, and prices continue to dump. WTI crude futures in New York fell under $70 on Thursday as concerns accelerate over the state of the global economy. This has been a surprise for many investors — especially with large banks like Goldman Sachs Group Inc. (NYSE: GS) projecting that crude prices would spring back to triple digits. Over at Executive Payouts Unlimited, we’ve seen a negative gage in energy stocks for the last two months. In fact, I warned in September about an oil counternarrative that was setting up for a pullback across the sector. Today, I want to highlight the metrics we are eyeing in the Energy sector right now, and when it will be time to dive back in with two fists full of money. Our Secret Hack I watch the MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NYSEArca: NRGU). This gives me a solid understanding of capital flows across the Energy sector. It's not an exchange-traded fund (ETF) — it's an exchange-traded note or… ETN. An ETN is a type of unsecured debt that tracks an index of securities and trades on a major exchange. A triple-leveraged ETN is designed to move three times as much as the index it tracks. In the case of NRGU, it offers triple-leveraged exposure to the underlying performance of the Solactive MicroSectors U.S. Big Oil Index. "The what?” The Solactive MicroSectors U.S. Big Oil Index measures the performance of the largest 10 oil and gas companies. We're talking Exxon Mobil Corporation (XOM), Chevron Corporation (CVX), ConocoPhillips (COP), Schlumberger Limited (SLB), Pioneer Natural Resources Company(PXD), EOG Resources, Inc. (EOG), Phillips 66 (PSX), Occidental Petroleum Corporation (OXY), Valero Energy Corporation (VLO), and Marathon Petroleum Corporation (MPC). This index offers a 30,000-foot view of the entire Energy sector. Now, get this… If you watch the Relative Strength Index (RSI) and the Money Flow Index (MFI) of the NRGU, you can get a clear view of the defined range for oil. This is because institutional investors often take profits and cover their short positions when we approach oversold or overbought conditions. Specifically, when the RSI dips below 30, it's an optimal time to sell bull put spreads or even consider purchasing call options. As you can see, we’re fast approaching that level — and that’s where I think we’ll find a bottom. The RSI hit 34 today. [] Now, I can almost hear you asking, "Garrett, that's all well and good, but when should I buy this thing?" The answer is never. Don’t buy NGRU. Don’t go near it with a 10-foot pole — it’s triple-leveraged, and if you’re not watching your screen like a hawk at all hours, you can easily get wiped out owning or trading this. NGRU is purely a tool to use… It’s there for us to watch, nothing more. It really is the best way to tell when to enter and exit positions in the oil patch. And as you can see from the chart, the RSI indicates we’re in oversold territory. Instead, keep an eye on other stocks currently trading near oversold levels that have very high amounts of insider buying. Those names include Occidental Petroleum (OXY), Exxon Mobil (XOM), Ranger Energy (RNGR), Ring Energy (REI), and Crescent Energy (CRGY). Occidental is especially interesting given it is already in oversold territory. We are down in the zone where Warren Buffett and Berkshire Hathaway (BRKA) have been buying over the past 18 months. It wouldn’t surprise me to see Buffett step in and buy another $125 million to $250 million in OXY stock at these levels. [] Chat soon, Garrett {NAME} *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. [] _______________________________________________ [] There’s a ‘Dark Force’ That Controls Wall Street Unless you’ve worked on Wall Street like Celeste Lindman, you’d never know about it… You might not even believe it. Over her three decades of investing, she’s been able to [see it move stocks time and time again.]( Unfortunately, up until now for folks like you, it’s been extremely difficult to access it and follow its patterns. But that all changes today. For the first time ever, you'll be able to see where this dark force could move a stock next… Helping you get in front of what could be some of the biggest moves in the stock market… [Before the Share Price Even Budges]( [] _______________________________________________ [] Want to get a link to my TradingPub articles as soon as they post? I’ve got you covered! Telegram is an entirely free messaging app and getting access is as easy as 1… 2… 3… 1. Download Telegram on your mobile device (Before you can add Telegram to your desktop computer, you must download the application on your phone and create your account: To download to your iPhone, [click here](. To download to your Android device, [click here](. After the download is complete, please create an account. NOTE: You can manage your privacy settings by clicking “Settings,” and then “Privacy & Security.” 2. Download Telegram on your desktop: Once you’ve downloaded Telegram onto your mobile device and created your personal account, you can download it onto your desktop computer. To download onto your PC, [click here](. To download onto your MacOS, [click here](. 3. Then add the Garrett {NAME} channel and you’re set: [9_jjnFuAvno0MjNh]( See you there! Garrett [] _______________________________________________ [] [] [] Friday is one of THE biggest trading days of the year — the Nasdaq 100 (QQQ) rebalance! — join Lance and Jack LIVE at 1 p.m. ET and [find some unusual order flow together!]( What Gives in the Oil Market? Dear Fellow Trader: West Texas Intermediate (WTI) crude is having a terrible December, and prices continue to dump. WTI crude futures in New York fell under $70 on Thursday as concerns accelerate over the state of the global economy. This has been a surprise for many investors — especially with large banks like Goldman Sachs Group Inc. (NYSE: GS) projecting that crude prices would spring back to triple digits. Over at Executive Payouts Unlimited, we’ve seen a negative gage in energy stocks for the last two months. In fact, I warned in September about an oil counternarrative that was setting up for a pullback across the sector. Today, I want to highlight the metrics we are eyeing in the Energy sector right now, and when it will be time to dive back in with two fists full of money. Our Secret Hack I watch the MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NYSEArca: NRGU). This gives me a solid understanding of capital flows across the Energy sector. It's not an exchange-traded fund (ETF) — it's an exchange-traded note or… ETN. An ETN is a type of unsecured debt that tracks an index of securities and trades on a major exchange. A triple-leveraged ETN is designed to move three times as much as the index it tracks. In the case of NRGU, it offers triple-leveraged exposure to the underlying performance of the Solactive MicroSectors U.S. Big Oil Index. "The what?” The Solactive MicroSectors U.S. Big Oil Index measures the performance of the largest 10 oil and gas companies. We're talking Exxon Mobil Corporation (XOM), Chevron Corporation (CVX), ConocoPhillips (COP), Schlumberger Limited (SLB), Pioneer Natural Resources Company(PXD), EOG Resources, Inc. (EOG), Phillips 66 (PSX), Occidental Petroleum Corporation (OXY), Valero Energy Corporation (VLO), and Marathon Petroleum Corporation (MPC). This index offers a 30,000-foot view of the entire Energy sector. Now, get this… If you watch the Relative Strength Index (RSI) and the Money Flow Index (MFI) of the NRGU, you can get a clear view of the defined range for oil. This is because institutional investors often take profits and cover their short positions when we approach oversold or overbought conditions. Specifically, when the RSI dips below 30, it's an optimal time to sell bull put spreads or even consider purchasing call options. As you can see, we’re fast approaching that level — and that’s where I think we’ll find a bottom. The RSI hit 34 today. [] Now, I can almost hear you asking, "Garrett, that's all well and good, but when should I buy this thing?" The answer is never. Don’t buy NGRU. Don’t go near it with a 10-foot pole — it’s triple-leveraged, and if you’re not watching your screen like a hawk at all hours, you can easily get wiped out owning or trading this. NGRU is purely a tool to use… It’s there for us to watch, nothing more. It really is the best way to tell when to enter and exit positions in the oil patch. And as you can see from the chart, the RSI indicates we’re in oversold territory. Instead, keep an eye on other stocks currently trading near oversold levels that have very high amounts of insider buying. Those names include Occidental Petroleum (OXY), Exxon Mobil (XOM), Ranger Energy (RNGR), Ring Energy (REI), and Crescent Energy (CRGY). Occidental is especially interesting given it is already in oversold territory. We are down in the zone where Warren Buffett and Berkshire Hathaway (BRKA) have been buying over the past 18 months. It wouldn’t surprise me to see Buffett step in and buy another $125 million to $250 million in OXY stock at these levels. [] Chat soon, Garrett {NAME} *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. [] _______________________________________________ [] There’s a ‘Dark Force’ That Controls Wall Street Unless you’ve worked on Wall Street like Celeste Lindman, you’d never know about it… You might not even believe it. Over her three decades of investing, she’s been able to [see it move stocks time and time again.]( Unfortunately, up until now for folks like you, it’s been extremely difficult to access it and follow its patterns. But that all changes today. For the first time ever, you'll be able to see where this dark force could move a stock next… Helping you get in front of what could be some of the biggest moves in the stock market… [Before the Share Price Even Budges]( [] _______________________________________________ [] Want to get a link to my TradingPub articles as soon as they post? I’ve got you covered! Telegram is an entirely free messaging app and getting access is as easy as 1… 2… 3… 1. Download Telegram on your mobile device (Before you can add Telegram to your desktop computer, you must download the application on your phone and create your account: To download to your iPhone, [click here](. To download to your Android device, [click here](. After the download is complete, please create an account. NOTE: You can manage your privacy settings by clicking “Settings,” and then “Privacy & Security.” 2. Download Telegram on your desktop: Once you’ve downloaded Telegram onto your mobile device and created your personal account, you can download it onto your desktop computer. To download onto your PC, [click here](. To download onto your MacOS, [click here](. 3. Then add the Garrett {NAME} channel and you’re set: [9_jjnFuAvno0MjNh]( See you there! Garrett [] _______________________________________________ [] Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit thetradingpub.com/terms-of-service/ for our full Terms and Conditions. A TradingPub Publication ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from TradingPub LLC are for your informational purposes only. Neither TradingPub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. TradingPub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by TradingPub 101 Marketside Ave, Suite 404 PMB 318 Ponte Vedra, Florida 32081, United States [] Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit thetradingpub.com/terms-of-service/ for our full Terms and Conditions. A TradingPub Publication ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from TradingPub LLC are for your informational purposes only. Neither TradingPub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. TradingPub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by TradingPub 101 Marketside Ave, Suite 404 PMB 318 Ponte Vedra, Florida 32081, United States