Tim Seymour said on CNBC's Fast Money that Anadarko Petroleum Corporation (NYSE: APC) is one of the companies that could do well now when crude oil is trading in the $52 to $55 trading range. He thinks that it's going to gain market share in this environment.
Karen Finerman is skeptical about the continuation of the bull market, but she thinks that traders who believe that we could see more upside should take a look at VanEck Vectors Oil Services ETF (NYSE: OIH), because its components are more levered than the components of Energy Select Sector SPDR (ETF) (NYSE: XLE).
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Dan Nathan believes that Energy Select Sector SPDR (ETF) and SPDR S&P Oil & Gas Explore & Prod. (ETF) (NYSE: XOP) are going to consolidate after a breakout on the upside. He added that Schlumberger Limited (NYSE: SLB) could break out on the upside.
Guy Adami is a buyer of Anadarko. He thinks it could trade higher, to its low $80s.