{"id":7747,"date":"2010-02-08T08:35:35","date_gmt":"2010-02-08T13:35:35","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=7747"},"modified":"2010-02-08T08:35:35","modified_gmt":"2010-02-08T13:35:35","slug":"indicators-we-are-watching-oil-appears-oversold-for-now","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2010\/02\/08\/indicators-we-are-watching-oil-appears-oversold-for-now\/","title":{"rendered":"Indicators We are Watching – Oil Appears Oversold (For Now)"},"content":{"rendered":"

There have been several warning signs over the past few weeks that now were obviously a “tell” for the coming direction of equities. (Hindsight is 20\/20 of course)<\/p>\n

Much of the action can be blamed on the sovereign debt concerns and the U.S. dollar’s rocket, causing short covering of carry-trades. There was even talk of a hedge fund(s) collapsing and selling off due to panic selling to cover shorts.<\/p>\n

Oil may be oversold and bounced nicely off of $70 and the U.S. dollar has to push through hard resistance from here. Next week’s revalations about Europe’s decision to support Greece (and the PIIGS) will dictate market direction.<\/p>\n

— More info on our Money Management strategies HERE<\/a> —<\/em><\/h3>\n

High Yield bonds may have hit a wall here as downgrades are starting to appear across fixed income sectors.<\/p>\n

(Click on each chart to enlarge)<\/em><\/p>\n\n

___<\/p>\n

Disclosure: Horowitz & Company<\/a> clients may hold positions of securities mentioned as of the date published.<\/p>\n","protected":false},"excerpt":{"rendered":"

There have been several warning signs over the past few weeks that now were obviously a “tell” for the coming direction of equities. (Hindsight is 20\/20 of course) Much of the action can be blamed on the sovereign debt concerns and the U.S. dollar’s rocket, causing short covering of carry-trades. There was even talk of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[186,12,253],"tags":[481,308,483],"class_list":["post-7747","post","type-post","status-publish","format-standard","hentry","category-marketmash","category-markets","category-strategy","tag-economy","tag-indicators","tag-markets","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/7747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=7747"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/7747\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=7747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=7747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=7747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}