All right. For our first energy stock, we have Valero now Valero was looking great. We got, I mean, it makes sense. We hit a resistance right here at the a hundred percent. We look basically if a breakout fake out kind of rolled over, attempted on Thursday to break out again. But then Friday basically got, got destroyed. But if you look over here on the 28th of May, we’re basically touching support, right? So it’s kind of like the breakout we break out of down here. We get stopped right here and that’s where we are right now. So let’s check out the open interest, see if the, Ooh, look at this a couple hedges, right? But look at this big, big money right here at 85, 17,000 contracts at 85. And again, I’m reading this new book that unusual option activity. So I’m all interested about it and just trying to spot different things and things that look interesting. So that’s what we’re going through this this week is just different opportunities. If I enjoy looking at it, if it’s still interesting to me after the new, it will be something that we’re going to just continuously do is look at that. See if we can find crazy option interest in the stocks that we go over. Now, if nothing comes to fruition of this and all of it’s just noise, then obviously we’ll just go back to analyzing
The stock. But the option market looks Very interesting. Plus it’s just, it’s kind of fun. I don’t know. Maybe it’s not to you, but it is to me. So we have 17,000 contracts saying 85. Let’s see, does this 85. It does. Cause 84 95 is the the high you see. Now if we have 92, 43, I don’t know what this one is, but if it’s anywhere close to 92, 43, it would make sense. That’s 90. So we have 10,000 contracts at the 90 and then w these, then it just kind of jumps 95, 100. Now I don’t see it going all the way to 92, but there’s people out there they’re saying it’s going to hit this 90 17,000 contracts say 85. So between the 85 and the 90, there are 7,000 excess contracts, right? There’s 27,000 contracts and told towel. However, there could be a, a decent spread, 85 to 90, although you’re only you’re it’s, I don’t really see why you would do that because you’re only, it’s not like you’re, you’re lowering your costs by a lot, but we’re also talking about 10,000 contracts. You know what I’m saying? So 4 cents on 10,000 contracts is quite a lot of money. But you know, buying one or two of them, what I’m going to do is in quite a hefty, but yeah, there’s look at this 15,000 people bought the eighties. Oh, okay. Look at this. Look at this.
So this looks like it’s a butterfly. I don’t know. It’s just interesting. Cause it’s, it’s five strikes basically in between the eighties, the 80 fives in the nineties, 15,000, 17,000, 10,000. So if you were to go, let’s say 7,000 at no 15, because then that would mean that there’s 30,000 at the 85 there’s they got something set up here. Let’s look at the next, the next week. If there, is there anything, you know, there is nothing option expiration, monthly expirations. Yes. So we, we look, look for the monthly opera obser Bo you know what I said, monthly ops option expiration. So we’re looking VA low Val, this is a money play the seventeens 85 slash 90. All right. Let’s I’m sorry, I didn’t do the oil so we can kind of check the oil. Now this is, I don’t know. So I made these videos.
Today’s Monday morning, I made these videos yesterday, made them all. It was all excited about them and realized that I had no sound. So I’m having to redo the videos at three, at first thing in the morning on Monday morning. So that’s why the oil market is moving. Now. The VLO going into Friday would probably not make any sense, but when we’re opening up almost 1% on the oil, which is just massive again, watch out for the 73 45 that’s looks like we’re, we’re going 73 45. Let’s go into the quarterly 20-year quarterly. Cause that’s where we kind of have to go back. Next resistance again, if we can, if we need to break out of October, 2018 high, which is 76, 90, 76 90 now, and it closed that same quarter. These are three months at 45. So that was a massive, massive drop. If you see it was from July 17, up to basically 18 April 18. So that’s 3, 6, 9, 12, almost a whole year, right? It was an upper trajectory kind of how it is right now hit that number and boom, then Corona happened. Boom. So this is enormous need sorry. I got a message.
There’s going to be enormous selling pressure at this number. Now of course, they’re going to say some, something stupid about the news and all this other kind of stuff, right? That, oh, the Iran, whatever that has nothing to do with it, it has everything to do is we’re getting close. I mean, it probably does a little bit, but we’re getting close to super resistance. All right. If we can break past that, then the next is literally top of this massive 2014 drop 2014 drop, which is the high of this was 92 96. So do we see this? We break this. Our next target is literally 88 to 93. So this is huge. I’m also expecting a pullback. This is let’s go back to days. So we have had pullbacks, so don’t get me wrong. I am expecting a pullback back to 66, 77 at some point eventually when w when will this come? I’m not sure, but just be careful and watch that after we hit the 73 in one day, it could drop back to 66 just to shake everybody out. And there are Iran news could do it right? Shake everybody out, get everyone’s scared, and then let’s go higher. But it looks to me that we’re positioned just to take out the 1800.
Alright, Exxon mobile. Now all of these are kind of be the same. We got destroyed. We kinda got hit hard, right? We, we got 50 percentile and then we got kind of rejected, which makes sense. They were going to, it needs, we’re going to need something powerful to break out of that 64. But see, this is what sucks. We already know oil is going to pop up 64, 3 cents on Monday morning. Cause it’s already up 63 cents on Monday morning. So it’s basically kind of cheating, right? I don’t like that. I cause I I’d much rather go into it without knowing what the oil market’s going to do on Monday morning. So because not this, what could easily easily happen is the market reverses. So everything that I say right now could be reversed. That’s you know what I mean? Does that make sense? That’s why I would have rather just done this before the market opens because it’s giving us a false sense. Cause it’s European opens opening right around now. Well, let’s take out our options. Ooh. See, I mean, this is weekly options or monthly options, 20,000 at the 60. And, but look at the big number over here. We got 33,000, 13,000, the 30th, excuse me. The 33,000 is interesting at 65 because it’s really not any money. It’s only $3 out. Let’s look at this. How much can this bad boy move in five days, 1, 2, 3, 4, 5. [inaudible]
Well, that’s a big difference in that one day, 8%, man. This is like the financials 8% [inaudible] So obviously that’s seven and a half percent, but a seven and a half percent pop from here brings us to 66, 8 still. Okay. Over here, 66, 66, 68. See that it’s right into that 65. So, whoa. There’s a Buku amount of money. And if it does hit the 8%, then those 10 cents turns into two or $3. That’s enormous money right there. Very interesting. We were only paying 10 cents 99 cents or nine 50. Right? That’s I mean, your deltas are, there’s a 10% chance for that. It’s gonna go into money, whatever. Yeah, the money play [inaudible]
65 and then 70. I don’t really see 70 seventies is kind of stretching it because 70 means we come all the way up to here. What is 70 from here? It’s a 12% gain, a 12% gain in. I literally you’re paying a penny for it. So it’s almost hard to say no, you know, $5, you got five contracts. You know, it’d be like six bucks dollars. That’s hard to say no, let’s see. Cause there’s 13,000 contracts that say that there that this could happen. All right. M M P I am in love with this doc. Keep going, keep going. Pays well, pays good dividends. It’s all cylinders. Let’s go. This is more of a long-term play. I’ll advise out I’ll turn out of money long-term options. Or if you want to capture your Delta at one, then go in the money. But if you see, since March, this has gone straight up, it is beautiful. Let’s but let’s see how much can we move in a week?
5%. What do we got over here? Oh yeah. There’s there’s very thinly traded options on this. Yeah, there are no one paying attention to this. Look at the 50 fives, right? The 50 fives, even the 50 to 52, you’re already in the money. Like you’re literally already in the money extrinsic 25 cents at the 50 twos. Right? That’s not actually, honestly, this isn’t. I mean the options kind of suck. Right? Don’t get me wrong. Cause they’re they they’re just weird. There’s nothing out there, but there is decent numbers at the 200 at this right here, the 55 also at the 47 to six point drop. But you re you’re not paying anything for this. You’re paying 7 cents for 55. What could this do? It moved five. The largest, it moves 5% gain. 5% here at 6 54 0.8% only basically a 5% gain is $2 and 69 cents 1656. So this could has potential to get to a dollar. If we have a massive move that’s 7 cents is hard to 7 cents turned into a dollar that’s you know, 13 times or money. That’s hard to say no to
The money. Play The money play. We’re looking at M M P money play. That was 55. Yeah. Basically 55 because you see there’s literally no volume anywhere. There’s, you’re paying more. There’s more extrinsic value. The further out you are. Right. Does that make sense? So you’re inverted and actually literally you’re negative in, well, right here, you’re paying 25 cents of extrinsic value at 52, but at, or at 55, you’re paying 7 cents. Now I know it’s but it’s almost like right in the middle. So you’re paying a lot of intrinsic value extrinsic value for the 50 twos when you’re paying 7 cents for the 55. You’re really not. You’re not, it’s just, again, my money plays are gambles straight up gambles. We’re just having so NOCO is another one. All cylinders. Beautiful, absolutely beautiful load up on your portfolio. They pay great dividends. That’s I made a different video today on which was better cryptocurrency or Chevron and Chevron destroyed them.
Right. For the amount of money I have in Chevron compared to the cryptos, Chevron destroyed it, but I should have done Sunoco. Cause Sunoco is even better. Sonoco is ridiculous. Yeah. I don’t know what else to say about Sunoco pull back so I can get more, right? Like your breakout right here of 36. All right. It’s only two points, but my goodness. I mean, it is just up, up and goodbye right up, up in goodbye, which is another one. If you want a smaller, less, less price one go here because this is up, up and goodbye. Just the same. And in energy transfer, they have, I would say they have, it’s basically the same company in a sense it’s very different company. So don’t think it’s the same company, but a lot of the same company, because he owns a lot of Sunoco. Right? So if Sunoco’s does well, he does well too. And it’s way less priced. It’s priced at $11 and 30 cents, opposed to what a Sunoco, 38 [inaudible].
So let’s do let’s look at Sunoco Sunoco. See the thing with these oil stocks is nobody’s paying him any attention. Right? And not at all. As you see, like there, they got a whole bunch of put interests. So I mean, they’re betting that this is that oil is about to get destroyed this upcoming week. But for cause there is nothing, nothing, you got three at 42, we’ll add, it’s also pretty far out of the money. We’re looking at $2 away and there’s 300 contracts, $2 away. And you’re, you’re literally paying 2 cents for it. Again, this is very difficult not to want to gamble the 2 cents. Okay.
Let’s see what it’s done in a week. 1, 2, 3, let’s go 1, 2, 3, 4, 5. So we ended up right here. 4.8%, 4%. We’re looking at 44.8. We’re looking at 5%, 5.6%. 40 57. So when you’re coming over here and you’re analyzing the forties, that’s why the 40 twos, there’s only three people there. It’s like, yeah, that’s not going to go. There that’s needs too much of a, of a bump. But when you’re looking at right here and imply to interest super low, my goodness, implied volatility, super low they’re banking, 60, 64 cents for the week. Yeah. These, I mean, this is a sure gamble, the forties pure gamble, but you got a high probability that this might do something. Look at your Delta 6 cents. So you’re dealt. Wow. What is going? This is making any sense.
I bet your gamble is pretty high too. So what w w basically what that means. There’s not very much volume on this, so it’s probably not in the vibe. And implied volatility is really low, so it’s not going to have the gamma spike. Won’t won’t gamma and Delta won’t really change too much. However, look at this per dollar movement in is 83 cents. This is 6 cents, man. Oh man. Yeah. There’s high, high probability that this, this 5 cents or two and a half cents, which is extrinsic right now, what’s that most. So probably 5 cents will come Monday morning and a couple hours. It’s going to be more, but just look at this. Cause if oil has a little bit of a crashing and comes back, these are going to be dirt cheap. Even the 37 fifties are probably going to be like dirt cheap, because what you’re paying 5 cents of extrinsic value in the money. Look at this. You’re you’re paying this. Doesn’t make any sense if you were to go well. Oh, that’s that makes sense. Cause it’s not, everything’s closed. So that’s why, but we have to look at these numbers again when they open up. But there’s there’s, I mean, there’s decent. You’re not paying any, and you’re not paying up on these options at all. That’s what I’m basically saying. Like your extrinsic values, nothing. Nothing. All right. Let’s see. That was Sunoco.
Rural Dutch. I like this is for like an iron condor. Now, if the rest of the oil kind of breaks, your iron condor might not work for this one. Cause you know, the rest of the market just broke on you. But I like selling. Yeah. Actually the iron condor I’d still go for it. It’s just kind of skew it to the bull side. So you might want to give yourself a little bit more extra space on the bulls, but let’s look at the numbers. We got 3,800 contracts at the 42. Yeah. So that’s like right around here. Yeah, I mean, we could get up to 43 again. I just don’t like this, this stock at the moment. It’s not in my favor, but a breakout could be coming in a, it could have be a massive breakout because well, not a massive breakout. The break. Well that’s well, yeah, that’s basically a 10% move that could be coming to 42 is a 3% move three to 10%. And that closes the gap a three to 10% move. Yeah. It could work.
There’s a decent amount of money on there saying that it could work. So as you see it, but there’s also a larger percentage saying that it’s not going to work at the 37. So that could be a strangle E I like it for a breakout. Look at this. We are steady climbing, looking for the breakout of the 25. Yeah. There’s nothing. This is nothing. There’s no one trades this in options, which is kind of disappointing. How many millions out there’s plenty of volume. It’s just no one trades the options there, option unfriendly, which is gold mines because there’s no one paying attention to them. So they’re really cheap. Really cheap. Cause look at it. Implied volatility is 26. So this isn’t even a higher implied volatility than Sunoco because Sunoco’s only 18, but there’s, I mean there’s 187 people. That’s not bad with a negative extrinsic value. Oh, well, yeah. That makes sense. Whoa, what is this dude? They got lasted 65 cents.
So you’re paying 7 cents, 6 cents of extrinsic value. That’s not that bad. Does this stock have the oppor can it move? Yeah. I mean in let’s just go for these three days. Look at this that’s 2%. Okay. 2% brings us to 26, 19. Nope, we’re under, but what is this foreign? 2, 3, 4, 5. Let’s see this. So it’s a 4%. So let’s see. What, what is 4% do? 4% gets us to 26, 73 and that’s still lower. So then the next one out. So that’s, that’s a no go. You see what I’m saying? 27 50 that’s 27 50 and there’s no volume. There’s no money there. The, the money’s right here at the 25, which is in the money, but it’s not demanding. It’s sucks. So, all right. Let’s move on to KMI, which is another one, which is like, whoa, this is just like Sunoco and MMP. Obviously we just hit a high, but let’s look where we were coming from 11 to 19 VAs and our bad.
This is a long-term play add up. As much as you can, let’s look at the quarterly kinda 20 year quarterly where this has a potential of getting up to 44. We break out of this 21, then really the 21 to 23 area. We’re moving. If we’re literally looking at this, the 21 is the six one or the 1 6 1 extension, the four to three is 33. So this has, I mean, it has every bit of potential. If oil continuously is climbed, is, is all the potential in the world to get to it’s 44 or at least 25.
So let’s look at the open interest on this one too. I’m interested. So we got 12,000 contracts for the 20, whoa, look at this. There is a lot of, a lot of money out there. I mean, there’s a decent amount on the downside as well. So don’t, don’t think because of what we got 10, 11 21, 28 31, but like 30 to 34,000 contracts on the downside on the upside, we got 20, 24, 25, 26, about 26. So there is more, more contracts on the downside than upside, relatively low implied volatility. So that means that like two standard deviations. It just we’re, it’s basically banking on two standard deviations to get a 20 kind of, yeah, two, two. Yeah.
Even the 1950s are cheap, man. They’re 8 cents, 10 cents for the 1950s. And these are ridiculously cheap, man.
Let’s see in three days, 4%. Yeah. Ah, they’re pricing it out like a 5% move because a 4% move only brings us to 1993. I forget how, how they’re really cheap, but kinder. Morgan’s not very, it’s only $19. That’s why it’s really cheap. I forgot 5% on a $19 stock is a quite a big move. Well, it’s not a big move at all. This means that you move in like 50 cents or you know what saying? So that makes sense why they’re really, really cheap, but Kamai another one I would, like I say, I quit. Okay.
Probably like the Septembers, if they’re that cheap. Cause look, even the September twenties, you can buy them for 50 cents. And there’s, I mean that that’s giving 90 days, the 20 ones are what? 30 cents. So the 21, like those are really cheap for, for giving yourself the gift of time. Cause you’re giving yourself a lot of time, BP. It’s I mean, you can’t say it’s not bullish because I mean, on Thursday it hit a high it’s just like every other stock. If oil continually goes higher, look at the potential they have, they have a potential of getting to 79. They were that in October oh seven 14 or no, this is 10. So they’ve, they’ve been out of, out of the graces for quite some time, but 52 make sense. What is this? This is 2000. Oh the 2018, there were $44 stock. So they’re, they’re 50 percentile.
They’re 50% under from the, I mean you got to remember what the oil market looked like, but we’re 50% basically to the 2018 oil and we’re almost there on the oil. So this has huge potential. I mean, you gotta to go a little bit more into exactly where they’re making the money, but it looks beautiful for like a more of a, long-term not, not daily total with total. They what day is this? Six. Nine. Oh, well they’re, they’re showing the chart today on Friday. They, you hadn’t been watching it. I don’t know. They didn’t. Cause this is six, 10 and Friday was not six 10. So I’m thinking they are changing the ticker cause they, they didn’t trade on Friday and last but not least Chevron several times just like BP. I do not see anything wrong with Chevron for the long haul. Beautiful. Look at the option. Interest on this, on the one tent 51,000. That is a lot of money. Gentlemen and ladies, we’ve got another 12,000, another 10,000. Whoa, with that 52 thousands kind of out in the middle of nowhere, right? One 10. Yeah, that’s right here there. So their pricing in break into one 13, cause this is the one 20. Whoa.
I want to see one 20 at all. Let’s see how much this can move. 1, 2, 3, 4, 5, right here. 8%, 8% gets it to one 17. So as crazy as that sounds it has the potential to run 8%. Wow. Wow. And that’s this right here. There’s 10,000 contracts out there and that’s one penny. Yeah. Chevron Corp, man. Let’s see what happens. That’s that’s too. It’s too. It’s too juicy, too juicy way too juicy. For rolling dice, it’s difficult. I mean we’ve got 12,000 contracts and you got 22,000 contracts that are costing like a dollar to $4. So it’s kind of like pick your poison.
All right. And that’s it for our oil as you see, let’s check out how oil is running. Okay.So there we go. Last 30 minutes down, up, down up, it looks like we’re about to take off.
About this further, last few weeks, Months, whatever it is. Well, it finally happened. Oil broke above
The 66 77. Let’s take it back two months, 10 years. So we have a better view now that we’ve broken our next big challenge, ladies and gentlemen is this green line right here, which will be we’ll come back to it and I’ll show you. I just wanted to see our biggest, our next hurdle is this area right here. We break above this area right here, most including the right here, which would be the 76 90. If we break that area, we have not seen above 76, 90 since 2014, which would be what? Seven years, years ago. Very long time ago. Very long time ago. All right, let’s bring it in.
Remember our lines right here. These are the most important ones that we’re looking at right now. If it breaks up up, like basically, you know, right around this area, then that is the highest it’s been 70 years. All right. So let’s not forget. There’s probably a lot of shorts that were short here since now. If you remember it was in a parabolically go up. Be careful. Watch the comeback. And then again, higher. I don’t know if that made sense. If you need more guidance, go back to the last few weeks of what I’ve been talking about. All right. CVX, Chevron. I mean, those [inaudible], excuse me, I’m sorry. Most all of these should be bullish. Just kind of like banking. I said when we were going over the banks, if you watched that video Chevron, not one of my favorites. However, if oil keeps going up, throw a dart, they’re all going higher, right? Yeah. I see. We’re going to try to test the one 13, as long as oil continues to go, I am a fan of M M P.
This is, this has been doing great. They, I am a big fan of this with oil going higher. There’s this is just a beautiful company. They’re going to pay great dividends. It’s a partnership. So it’s not just a like do your own resource on partnerships, tax advantages with this it’s beautiful. They pay high dividends and they’re very consistent. I would like to see it come down just a little bit to, to reenter, but if not, I mean, I’m already in this. So I’ve been in it for quite some time. I think we caught, this was like one of the first ones that I bought. So we’re bidding the money since 47. We’re in the money since like way over here. And we have what, two more weeks until expiration. I would love for it to get to 54. But around like this upcoming week, we have to watch it just because, you know, the depreciation factor of in the money out of the money intrinsic or extrinsic value is going to exp evaporate really fast coming into expiration week, Exxon mobile. This is like my Chevron. I like it. It’s just M P just looks way better for me. These is, I don’t know. These are, these kind of have like all, it’s all a lot of politics and like Chevron, Exxon, even like he right here, it looks good, all that, but for the way, oil is I’m surprised. These are not skyrocketed higher, right? Oil is the highest it’s been since 2000 what 18, almost 14. And our oil stocks are not keeping up. One that I do, another one I do enjoy is K M I, this has been on a massive tear. I don’t see it stopping where we had our 19 basically. And we came all the way down to the 20. And since that point in time Look out above Target would probably be 1955.
Let’s go to total little disappointed in them. I was expecting that they would be breaking out already. However, they’re not mean this is a beautiful run. Don’t get me wrong. 46 to 48. Again, this is kind of with Chevron, the Exxon and the E I don’t like it. I’m, I’m disappointed in my oil stocks. I would’ve thought that these would be looking outstanding, but they’re not. So it was a little disappointing, right world, that shell and another one of them is a psychic Chevron Exxon, all the other ones, all the oil stocks. They’re just, it doesn’t seem I have all of them. I liked this one just cause we’re in a squeeze. We changed the momentum, looking for the breakout of the 41. But to me, excuse me, let me drink some water. Okay. It’s almost like, like in the oil market, Sometimes I forget
Just because of the price of oil could be at, it could go to a hundred this week. That does not mean that these companies are making a hundred dollars per barrel because this is a highly, highly leveraged business. So there, they usually sell their oil three months in advance. So they’ve, they might’ve sold their oil of when oil was at 60. So above that, does it really do them much justice, right? Cause They’ve already sold all the oil. So at a price of 60. So it kind of takes three, six months for the company to really bank money off of a huge. Now, if it’s gradual and it’s different, but the, the price moving in oil so far has been pretty, not on gradual, like, look it’s, well, that’s not good. Can I help you? Sorry about that. That’s not going to help you. I look at the Exponential growth in oil, right? We’re looking at in less than a year, we went from 33 to 69. That’s over a hundred percent gain. There’s no oil companies that fast. Cause they’ve, I mean that you’ve sold so much oil. Like they’ve like in your hedging, right? The oil business is extremely hedged and leverage. So it’s going to take, this has to really maintain this for Mount six to eight more months. Like if we’re around, if we’re above this at this time, next year, June, next year, we’re above 69 and 69 is looking low. Then all these companies are going to have record record numbers, but it takes awhile. Right? Valero. I liked Valero. We got stopped off. We’re coming back down. I would like to see it.
She had 20 come up just a little bit or maybe up
To like right here where the nine is, but watch it this upcoming week. Cause this could just take off with a target of ounces getting all the way to 92. But I do see it maybe going to like 88 to 90, then coming back down to the 84, Sonoco is another very disappointing stock man. Doesn’t look disappoint. Right? You’re like Eric, how could it be disappointing? It just had a brand new high. Yeah. But it didn’t go very high when like what, 10 cents, 7 cents above and then came right back down. So I’m not the happiest with Sunoco. I do. I am a firm believer in this doc. I do like it. I, I think that they’re, they’re set up basically better than a Chevron or an Exxon. I know you could think I’m crazy on that, but I really enjoy this company. They’re another one. If you kind of want something that’s cheaper. It’s E T which is energy transfer, which owns a lot of this company. I have them in a different portfolio. Okay. Okay. That makes a lot of sense, but we ran it from here to the high, back, down to the low. And now this gives us our new numbers. We’re literally close to as resistance. It held the three eight two extension.
Excuse me. So look for, if you can break above this 37 12 look for 37 82 and last but not least British petroleum, BP, I’ll be P I can, I can go with BP. We just broke into the squeeze. We’re where this is. See, this is a much better looking chart, then Royal Dutch shell or Chevron or Exxon or E or even total. This looks like it’s about the breakout and it looks like it’s ready to climb at least at a 28 86 with a further target of 31 16. All right. I have a great one.
We have energy If we look at oil, if you’ve heard me talk since the beginning of this 66 77 is the main target. It is Monday, the market is closed. However futures were open and the Monday settle is 66 91 with being up 59 cents. As you can see Right here.
So let’s zoom in just a little bit. I think this, what was it? One, two, three, no, this might be Saturday. Nope. Nope. One, two, three, four, five, one, two, three, four, five. Yeah. So two weeks ago, do you remember? I was talking about, watch out, came down and we are right back at the level, which has haunted oil for years. I’m not going to go in a long depth and reshow the chart. Cause you can go back to the last four weeks and you can see the chart. Cause we’ve been talking about it extensively that this is the line in the sand for oil.
I want to start accumulating small
Right now because I don’t trust it. I don’t trust it yet. When it comes up, brakes are 67 98 and then comes down back to 66, 78 and holds it. That’s what I want to see, but be careful because this, I mean now, excuse me. It could just skyrocket from here. Like goodbye. Sianora see you later up to 73 before it does anything before he even thinks of coming down. So just be careful, you might miss it. Just think about it. It’s gone five points from here. This is a lot of people are going to short this or been short here, shorted here, shorted. Here’s where to here, shorted here for to here. You get the point. So with this right here, it could squeeze, it could squeeze up to 70 S like really 73 easy. So just be careful Chev run, which is, this is all extremely frustrating is at the best highs it’s had. But this looks more like how the markets are like how basic materials we’re looking. One, two, three, four, five, one two, three, four, five. So two weeks ago we were Monday. We were at one 10 and we have basically been destroyed seven points. Oil’s looking amazing, but Chevron is not. We are below the 50, which I wait till it gets above the 50, at least at least M M P. This is just, I love this play. I love them. They pay great dividends.
The higher oil goes the better for them. The more like it’s a partnership. I think if I’m correct, there it’s all pipelines. So it’s mostly all working interest capital. So as long as the oil goes up, this company is for sure to profit. Well, I love it. Get some more, get some more we’re going 52 Sunoco is another one. I really like, just because of their distribution channel there and this, they don’t look too great. You know, one, two, three, four, basically we were on our way to break out and reached new highs right on Monday. And then we had four straight days of disgustingness. So am I concerned about this?
No, not at all.
Oil is about to break oil. Looks amazing. All of these stocks right here, they are finally going to do something after a hundred years. It feels like obviously not a hundred years, but you know what I mean? A Good little break
Closer to the 50. If you pay attention to what it really did, the 50 was down at 33,
And this is Sunoco. Then it, Ray came all the way. The stock rose all the way to 36 and now the 50, as it broken above May 11th low. Right. Does that make sense above the 34 oh nine? Where if you really think Sunoco’s gone almost nowhere since that point. However, because if you think, look, Sunoco closed basically at the high of right here. You see what I’m saying? So all it did was bring the moving averages, higher kinder Morgan. This needs a break. I’m not gonna say that. I’m not one to be like, man, take a break. However, this has been massive moves. It’s doing amazing. And I really don’t see that it’s going to stop anytime soon. It looks okay, look at it. This is, this is, this is how I said, how I feel. It’s very powerful. Came all the way down, touched our twins Almost, and then Really closed below our a hundred percent moving average, like 1832 for not Fibonacci close we’ll load on Thursday, Friday, dips below a little bit more. And then zooms back up a button closes above it. Not by much but closes above it. I believe that’s a very strong stock and looking for 1955, total quite frustrated
With you make a move, man, make a move. And when I say, make a move, make a move up.
Last week was a nasty week four total. We were at 58 or 48 down to 46. So not a very good move. However, we were above the 50, which is good to see, which is this right here. 50 has climbed or it’s climbing a little bit. We closed the book. We touched it, look below for a hot second and then closed above it. I’m looking to see if we can get a little bit momentum going higher with total, just not from total itself, but from the oil market included. So now let’s go to BP, which is, these are just ridiculous, how they’re having bad days in oil. Is that doing amazing? We hit it where I pretty much was probably guessing it’s 27 oh six is exactly where I was talking to be careful. And it got rejected. I would want to see this 50, get above a 25 79 kind of looks like that’s what they’re trying to do. Cause if you look at this or I just look the first entrance, like really above entrance, this was way down to 24. Then the second time it dropped below 25, then now if we can get it, we’re at 25, 63 closer and closer to above
The level E kind of like this we’re, we’re holding the 50 pretty strong.
The only I gonna to stay as far away from this as possible for this one reason, we are in a range, it’s a tight range. And I don’t even want to guess which way it’s going to go because we have a lot of resistance right there. We’re at support, but the support and resistance are basically about the converge. So it’s, who’s going to win the bears with the bulls Exxon mobile man. And two years, this is going to be like 120 and room be thinking like, wow, she just bought it regardless. As long as oil stays up, right, we basically been two weeks
Hovering this 50 while waiting For the last little go round. We hit the 50 bounced This week, this For the last two weeks, we’ve been hovering this 50, letting them move in averages, come up. I think everyone was just watching oil honestly. And basic materials is almost the same thing. It looked the same Royal Dutch shell. Yeah, I know goodbye. I don’t like it again. I don’t understand why we’re looking so horrible. However yeah, I don’t like it. It looks horrible. V L O I like it looking for 84 39 had some decent Snus. This is a whole little wool walk that we’re talking about. This kind of looks like a can’t remember now Sherwin Williams, maybe where it just pops before everybody else and then kinda got rejected on Friday. I don’t see that. It’s going to be, anything’s going to hold this back. I see. We’re gonna, we’re going to break and head for the 84 39. All right. Have a great Memorial day weekend.
Action for today. Hold on second. Let me get this down is where am I? I apologize. I’m all over the place right now is energy. There we go over here. Energy. Is it part of the reason I wanted to bring up oil first, before we go into the stocks? Cause this is, this is a big index. This is, I mean, this is a telltale sign. This is the real story. Remember the last time I was talking, I was saying, man, we have, we’re fighting this line right here. Right? The blue. And then the dotted. This is the all time high for, well, the, the, it feels like the all time high, but it’s the all time high for a few years, right? Let’s go 10 years, months. Right? Look, when we’re talking about the last time it’s done anything. This was in October. Well, June to October of 18 was the last time we’re anywhere close to 70. And before that point it was, we basically crashed below.
Let me just,
I know, I know there’s millions of lines on this monthly chart. It’s a little difficult bear with me. Remember blue line dotted line. This is where we are right here. This line right here. So the, when we first broke into this, like basically underneath this line and been fighting, this line was November of 2014. So we’re looking seven years ago. That’s why for me, it feels like an all time high since I’m decently invested in the oil sector for my personal living. And yes, I have felt every bit of this seven years. So as you see, we got rejected and 2015 Broke above a little bit in 18, but then got rejected again in 18. And now that brings us back to
Now,
When we’re looking at our four day or our, our daily chart, remember this is the last it’s been here. It was 2018 before then 2014. This number hasn’t stayed above this really since 2018. So we’re like two years now for it to hold this line. I mean, there’s been some nasty days. Like this was a nasty day, nasty day, nasty, nasty day, right? But it’s pretty much holding this 50 and letting the hundred up. Right. I would look for this to break out of the 67 98. And if it does, if it does, it has to hold the 66 77. If it does get out of the web oil, oil has finally shifted, right? It’s taken what nine years, eight years, seven years give or take or whatever, if it can hold the 66, everything on these charts change and oil now is back in favor and watch out.
And then you’re going to start hearing news talking about how many oil, how many jobs oil provides and all this other stuff. Like for years now, the, the, the news has been just how negative oil is once it’s, if it starts heading up Africa, once it holds a 66, right, 66, 77, you’re going to hear people start talking about how great oil is and how it’s the savior for the economy. It’s given all these new jobs, all this new stuff, and then that’s going to project it even higher, right? It has to break the 66 77 and hold it though. If it doesn’t do that and hold it, you won’t hear it. But if it does it and it holds it, you’re going to start hearing different news about oil and how great it is for the economy and bring in jobs and all that kind of good stuff. All right, with that being said, let’s jump into our sector.
Again, like I said, all most, every last one of these, these docs has to do with the price of oil. That’s why we talked about oil first. Right now let’s go Valero. Let’s see the ones that are, I don’t know, this looks decent. Watch out. We got earnings on the 22nd. See with oil, it’s weird earnings and their dividends are always three months behind if that makes sense. So at least with my company. So because it takes a long time to, to, to really cap everything. So what three months the earnings is April. So January three months before that. So we’re really kind of looking at October, November, what they did in that. And that’s their earnings is they’re going to basically report just because it’s difficult to report like with oil. Cause they got to calculate everything. I could be wrong, but for my experience, with my personal or not my personal, my family oil company, that’s usually, they’re usually about six months behind. So this report will be like November, December, not March, April, may. Right? If that makes sense. I like, I kinda like it. I’m not gonna lie. We’re holding this. We’re not the 50 we’re I’ve been hovering around the 50 momentum starting to shift. I enjoy this. I’m going to tack this. All right. I’m not going to look any further, but we’re going to say VL. Lowe’s just because look, we’ve also when a day when all the rest of them look over here, we’re basically red Lira was green. It was pretty green decently
Got V a L O post 10.
Whoa, hold on. Dogs barking. Someone could be at the door. What do you mean? I have to pause this video. Well, what, we’re going to pause this video.
Sorry about that last video. Someone came knocking on the door and I had to make a sell. I sold a
Tool chest.
All right. So this is Valero. We just went over that. I’m going to get my piece of paper. This one looks pretty decent. I like it.
It’s holding the 50, it’s going to report pretty soon. Oil’s been on a tear, so I don’t see why they shouldn’t report anything. Nice. And then we should see a breakout of maybe 77 looking for 84.
I mean, Sunoco is on all cylinders. It’s bullets, bullets, bullets, bullets, bullets. However, look for resistance at 34. So I wouldn’t want to get anywhere close to this until after it shows me what it’s going to do at the 34 Mark. If it can hold the 34, because look, we’re, we’re getting an extended. We just kind of broke out right here at the 33 30. And we’re what a dollar above that. So I would say, look for the 34 Oh nine, maybe look above and fail. Come back to the 30, maybe about 33. And then if it holds that, look for it to break back above the 34 and I’d want to hold the 34, as long as it can hold 34. I’d be confident that it would, it would attempt to try to start going to 40, but it needs to hold that 34 at something that may, maybe next week. I’ll look at that right here. When it hit the 20 was, was that would have been nice at the 31, but it’s only $2. It’s not like it’s a huge difference.
Yeah.
And the other thing was Sonoco. All right. Let’s look at Sonoco. The one thing that’s, that’s impressive with this over everything, because the oil market, if you’ve watched the last, the pre video to this, the oil market’s been hammered over the last three weeks. I mean, it was a strategic being hammered because it was, it was at the market. It hadn’t been in years. However, a lot of selling getting the weekends out, looking for a bigger move, but the entire time that oils had its little playing games, manipulation, this has consistently gone higher, consistently gone higher. We look at the 50 here and then right here, this is where I’m saying, Oh, here’s where we’ve gotten a little expense extended right here. So kind of look for it to maybe retest the 50, come back. No bounce off the four Oh nine, come test 50 and then say a lobby, BP British petroleum. The 27th. I really have to wait to see on these. I mean, it looks decent, but you’re having gaps. I think this is a really gappy stock I gave, you can see it. There’s lots of gaps in this. So I use be careful, be careful. What was this at three years ago?
Yeah. So you have potential of getting to 47. I mean, before pandemic you’re at, Oh, well this is also business British petroleum. So that makes sense. You were at the four 39 Mark and now you’re at 25. So it’s, it’s, You’re gonna have to show me something on, because if you look at the weekly chart, it’s it basically bounce off the hundred week and then got rejected. It’s finding support. But again, you’re gonna have to show me what you’re going to do after your earnings. I don’t want to hold that into earnings.
This is looking pretty good. It’s holding the hundred on the weekly. Let’s look at the daily.
Oh yeah, yeah,
Yeah. It’s a very small stock. I mean, it’s only 20, $20, $25, but that looks pretty decent earnings on four 30. I remember this as a European stock, so it’s be easy, but this looks beautiful. It looks like it. We had our a hundred on January or in February 2nd. And then since then, boom. I would say It’s holding. This is probably the 30 day moving average because the green one to 20,
But
Whatever average it’s holding, it’s holding. So let’s, let’s go right here.
Yeah. Right here. Right here. Yeah. It’s fallen in this trend line right here. Wherever the trend line is from. It’s pretty much following it to the T. So if it can hold the trend line, I just, just created then look for it to just ride, keep on riding up. I liked this one for longevity. It’s going to be really cheap. Cause it’s only a $25 thought. So the options on this are going to be really cheap to go out really far. So I’d want to go With this one. I wouldn’t even do that. Well, let’s just look
Okay.
August let’s look at our chart again. Let’s go like this. Find this a target. Yeah, it’s playing that perfectly. Triple it’s about the breakout. I’m glad we looked at this 26. I’d say 26 is a good number. Let’s not go out 125 days. We’ll go June 61 days. See the 26 would cost you what? A one 30 divided by 60, about 70 cents. So less than a dollar. And you’re at the 20 fives, which is even, which is 18 cents away. So yeah, you’re basically paying for it to be at one 26. Our target would be 26 95. So that would give you a dollar of profit. So basically a one for one. I like it. I don’t know if you understand my math, but you have to understand intrinsic value, extrinsic value and all that. I’ll have to make a class for that E June
25, approximately 70 Onto the next one. Total. No, no,
This does not look very good. If it can break above the 50 maybe, but this more, it looks like it’s about to head down. I mean, it’s, it’s holding kind of, but it’s not something we’re interested in at them.
Keep it moving.
Cam. I, I traded, I played this a few times. I should’ve stayed in, man. I actually, I think I I’m, well, I do have some positions, but I had an option. This is beautiful. I mean, this is really been all sectors on since February, since they hit the 14th, well, went up to 16, got crashed. And then since then it’s just been going straight up.
This is another one.
While the oil market’s been playing around, this has gone straight up because oil market basically hit a tie right here. And then it crashed on everybody. Oh no. It was probably like right around right here. These are days a lot longer. Right, right here, oil crashed. And then since then this is just straight up conference call four 21. I would hope
Six something.
I see it heading to these numbers quick. See, it just broke out. Yeah. This is this. I might want to get more of KMI hold on. Super cheap options. This is 60 days out we’re looking at is literally see this as 60 days. We’re going at seventeens for 40 bucks. Yeah, you can’t. Yeah, I like this better than the other one. Cause this is, this is really cheap. My goodness there’s this is the only reason I’m saying this is we’re looking like we’re going to consolidate and we could probably head up to at least touch this eight, 1797 right here. Right. That’s where I’m basing everything off of which is 1797. We’re buying the seventeens for 40 cents with, if it hits the 1797, that’s what? 57 cents and of a profit. So it’s a double up. It’s just a lot smaller. It’s only a quick 80 bucks, 90 bucks, but double up, nonetheless, it’s not costing us much money today.
M M P M
I, this is, this is most definitely not a stock. I didn’t get this. This is not an a portfolio for any other reason, just to hold like it’s it pays great dividends, but it does look like it could break out. Right? So top, top, top we’re consolidating, it’s getting higher. It looks like it would want to break to the 49. You have our huge resistance right here, which is the a hundred. Remember we’re on the weekly. But it just it’s holding the 50. See what happens to it after it hits the hundred, if it can hit that whole a hundred and keep on going this isn’t, this is most definitely a by four 29, four 29 hour hour. I mean, cause this is just a pipeline and they’re, they’re mostly just paid as long as oil is flowing, they’re getting paid. So they’d probably been able to raise it, increase the rates a little bit just for the simple fact that you know, oil is not oil has been on a tear. So I would, I would expect this company to be doing pretty well and pay a decent dividend and will at least have decent earnings. Right? And if, if they have decent earnings, this will be probably next week or the week after that, we’ll come look at this and then we’ll, I’ll probably want to give them something there. Exxon mobile.
I mean, it’s kind of on all cylinders since November is doubled. Earnings are coming out pretty soon, which could really take this bad boy off. The high of this little section was the 11th, which is right around the time when oil crash. So that makes sense. We’re looking into a squeeze. I just say, be careful with earnings coming up. Royal Dutch shell. Yeah, it’s holding the hundred, but it’s getting rejected by the 50. Just be careful. Chevron is kind of like Exxon a little bit. It dipped, but we’re getting closer to the 100 or the 50. If it can hold that 50 again. All this has to do with the earnings. This is on the 30th, which is 12 days from now. I would have to recheck on these, but if so far we have BLL potential E potential N K M I. So we found three of them out of 10. That’s not that bad. And if you’ve watched the other classes or the other little snippets, we have Mohs one V L L two E three, KMI four T Rowe price five and Northern trust six and follow along for the next video.
Kinder Morgan Has One Of The Largest Energy Infrastructure In The United States. They Have An Impressive 83,000 Miles Of Pipelines And 147 Terminals. They Transport All Types Of Gases And Oil Products.
The Great Thing About This Company Is It Dividends. And A High Institutional Ownership. Over The Last 5 Years Insiders Have Been Buying About 1,511,403 Shares Per Year.
This Is A Publicly Traded Partnership That Primarily Transports Stores And Distributes Refined Petroleum Products Based In Oklahoma. In 2004 They Made A Huge Purchase From Shell Which Included Three Thousand Miles Of Refined Product Pipelines As Long As Terminals And Storage Capacity. Today Magellan Has 9800 Miles Of Refined Products Pipeline System With Over 54 Connected Terminals And 25 Independent Terminals Not Connected To The Pipelines They Also Have To Marine Storage Terminals .
The Company Also Has Over 2,200 Miles Of Crude Oil Pipelines And Storage Facilities With A Capacity Of 37 Million Barrels Of Which 25 Million Are Already Under Contract. The Partnership Owns The Longest Refined Petroleum Products Pipeline System In The Country With Access To Over 50% Of The United States Refining Capacity With Having Such Access And Importance In The Gasoline Fuel And Crude Oil Business They’ve Been Able To Pay A Healthy Consistent Dividend Which Has Increased 683% Since Their Ipo
Is A Chain Of Convenience Stores And Retail Fuel Sites Each Sunoco Is Company Owned And Operated. Not Only Do They Own Approximately 9200 Convenience Stores And Gas Stations Around The United States They Also Are One Of The Largest Wholesale Distributions Of Motor Fuels To Other Convenience Stores And Other Gas Stations. To Achieve This Success The Company Is Broken Into Three Different Sections Sunoco LP, Sunoco Race Fuels, And Sunoco.
Sunoco:
Sonoco Proper Is The 9200 Different Gas Stations And Retail Stations Around The United States. Sunoco Ultratech Significantly Exceeds The USA Environmental Protection Agency’s Gasoline Detergent Standards And For Over A Hundred Years Sunoco’s Gasoline Has Been Known For Its High Quality.
Sunoco LP:
Sunoco LP Is The Largest Fuel Distributor In The United States; They Distribute Their Petroleum Products To Convenience Stores, Independent Dealers And Commercial Customers In More Than 33 States. Sunoco LP Owns And Operates 13 Fuel Terminals Across The United States.
Sunoco Race Fuels:
Racing Has Been In Sunoco’s Blood Since The Early 50s When They First Blended Their High Octane Fuels. In 2004 Sunoco Became The Official Fuel Of NASCAR Grand Am And ARCA Sanctioned Racing. In 2009 Sunoco Became The Official Fuel Of AMA Pro Road Racing. In 2011 Sunoco Became The Official Fuel For Izod IndyCar And Indy Lights Series Racing. In 2015 Became The Official Fuel Of The NHRA Drag Racing
Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here:
Cookie Policy
google side one
Citrus Juicer
12 Years Of Hell
Google side two
Juicer
exercise bike
Six Strategies To Conquer Life: FYMM
FYMM JUICE: Reinventing MoonShine
My Struggle: FYMM
Every day make the impossible Possible!!: FYMM
One week in Israel: Erik Johnson Visits his sister in Haifa
google 3
Stock Market Sectors: Buyers Guide
ALL YOU NEED IS 10 MINUTES: TO CHANGE YOUR FUTURE
12 Years of Hell: A Journey of Loss, Struggle and Triumph
