01/28/2015 – Occidental Petroleum
Issued: 01/16/2015
Occidental Petroleum, OXY:
1. In recent Williams edge live stock meetings it was noted that Occidental Petroleum was getting into position for an important, tradable advance from $76 to $83 (or higher).
2. A weekly close (today’s close) above $77.80 will be the stronger close and place the stock into a ‘Buy’ position. Will update.
David Williams
Issued: 01/26/2015
Occidental Petroleum, OXY:
1. Our protective sell stop in Occidental Petroleum has been raised to $77.90. The stop will continue to be moved higher as the market continues to confirm.
David Williams
Issued: 01/21/2015
Occidental Petroleum, OXY:
1. In recent Williams edge live stock meetings it was noted that Occidental Petroleum was in a ‘Buy’ position upon a weekly close above $77.80.
2. Last week (the week of Jan. 12) Occidental Petroleum closed at $78.06, indicating new long entry, as noted in the update.
3. Partial long position exit should be taken at current prices (current price, $79.24).
4. A protective sell stop should now be placed at $75.81. The stop will be moved higher as the market continues to confirm.
David Williams
Issued: 01/08/2015
Occidental Petroleum OXY:
1. In recent Williams edge live stock meetings it was noted that Occidental Petroleum was getting into position for an important, tradable advance from $76 to $83 (or higher).
2. Occidental Petroleum subsequently put in a daily (Reflected Wave) bottom on January 7.
3. Therefore, although no new entry has been messaged as yet, the market is at a critical juncture on the downside which may prompt new entry in an upcoming session. Will update as Occidental Petroleum confirms.
David Williams
Issued: 01/28/2015
Occidental Petroleum, OXY:
1. Today’s Occidental Petroleum session declined along with the larger market and triggered our recently adjusted protective sell stop at $77.90. This resulted in an small gain on the entire trade. Will message any further entry or indication in Occidental Petroleum.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.