Oil Prices Edge Higher 12-22-25 | Stocks to Trade

Stock Trading Goals and Challenges for 2016Most traders believe they need to know more, to be profitable. Assuming you have a basic knowledge of technical analysis and money management, this is a costly mistake.

You end up in a vicious cycle of learning new tactics, when it’s really strategy you need. Strategy is the process, system or plan that cuts through the fog of price action. Without strategy, and an edge, everything will look random, and so will your results.

Many of us are setting goals for 2016, by reflecting back on the previous 12 months. My advice is to start with two things:

  1. Why do you want to be a trader?
  2. Believe that developing an edge is your top priority.

Stock Market Today: Map of the S&P 500

(click the map for a full view)

Oil Prices Edge Higher 12-22-25

Day Trading Game Plan: The SPY ETF Outlook

The $SPY┬áis set to open higher (7am) after an inside day on sub-100 million shares. Relatively light volume day, and a consolidation is not good for bullish traders. The higher open today is expected, but price action needs to stay below the $202 level, or the bears will step back in. Keep your eye on the gap lower from last Friday, and whether we back-fill or not. If we don’t, I see further downside.

(click the chart for a full view)

Oil Prices Edge Higher 12-22-25

Pete’s Notes:

  • Many stocks oversold short-term and inside days. Looking for a move higher today.
  • The key for today is staying above the open price.
  • Not a buyer of oil. Too many people guessing a bottom for 6 months. I think it’s getting close but not yet.

Technical Analysis | Charts of Interest

RCL Royal Caribbean Cruises

Royal Caribbean showing solid relative strength to the market last week, and again yesterday. The stock price needs to clear the $100, which will take it to new 52 week highs.

(click the chart for a full view)

Oil Prices Edge Higher 12-22-25

 

Oil Prices Edge Higher 12-22-25

Oil Prices Edge Higher 12-22-25 | Stocks to Trade

> 20sma | positive week | closed 2% higher from the open: CYH, CSIQ, HCA, WYNN, EPD, RCL, LULU, PYPL, WBA, TMUS, BOFI, WWAV, AR

<20sma, negative last 5 days and closed 2% lower from the open: clr, pxd, mos, rspp, nfx, twtr, yelp, hes, cop, nflx, dis, slca

Bullish Ideas ATR/Volume/Price: AVGO, FSLR, RCL, DAL, QUNR, DLTR, TEVA, EL, MCD, SCTY

Bearish Ideas ATR/Volume/Price: clr, pxd, nfx, yelp, xpo, cop, kmx, vmw, dis, cf, lng, apa, bhi, nsc, gme, unp, ua, cof, ksu, cat, cmi, wdc, rrc, mmm, dvn, etp, apc, wmb,

Weak Stock Weak Close: clr, pxd, mos, rspp, nfx, twtr, cop, dis, rio

Strong Stock Weak Close: SCTY

Weak Stock Strong Close: aer, oke, paa, uri, vrtx, wpz

Strong Stock Strong Close: CSIQ, RCL, TMUS

20 day Breakdown: clr, dis, hes, mos, nfx, pxd, sm

20 Day Breakout:

2x Normal Volume: OKE, CLR, KMX, DIS, RRC, PXD, APC, WMB

Watch List Longs: MCD, GE, BRCM, DAL, KLAC

Watch List Short: cop, dis, bhi, hal, cof, bby, ntap, m, akam, tol

Inside days: msft, csco, jopm, pg, dal, utx, v, baba, kmx, cat, scty, luv, axp, nke, gis, tmus, len, ba, tgt, mas, ctsh, ntap, unh, all, bhi, cci, feye, fl, ma, dfs, wdc, gs, swks, dg, stt, mon,

About the Author

Leave a Reply 0 comments

Leave a Reply: