Warmer temperatures in most regions - particularly the North Central region - will be bearish
for natural gas prices this winter.
All in all, I'm not as confident about a bearish
play on S as I would be on another stock with a similar backdrop in another sector.
So, investors seem to be quite bearish
when it comes to many of the stocks within the XTC, but how is the index performing from a technical standpoint?
Before we take a look at my favorite bullish and bearish
picks from the sector, I would like to relate an interesting development involving a correlation between the market as a whole and the Select Sector Spyder Energy Fund (XLE) that Bernie Schaeffer noted earlier this morning in e-mail.
Meanwhile, more than five percent of the equity's float is sold short and it would take roughly four days to buy back these bearish
A drop below would be bearish
and support the bearish
scenario discussed in the technicals.
Yesterday, I took a look at two bearish
plays in the defense sector in Portfolio Defense.
So, the book report these days is a collectively bearish
one; are there any issues in the sector that represent better short plays than the others?
04, indicating sentiment that Schaeffer's interprets as BEARISH
toward the stock.
4746 presents a very short term bearish
opportunity against that level.
Summary: British Pound Interest Rate Bias: Bearish
British Pound interest rate forecasts have undoubtedly played a part in the GBPUSDEoe1/4aos sharp tumbles, and bearish
Cable was in a long term downtrend at that point as well, but the extreme bearish