SocialPicks Monitor new  |    Stock Idea Community
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
Good Investment Ideas By People You Trust
SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.
Top_member_photos
Get free stock picks and email alerts daily
 
Are you a stock guru?

6 pts

Opinion on  Exxon Mobil Corp (XOM)     Sector: Energy  >  Industry: Oil & Gas - Integrated
I expect oil prices will immediately rebound from present lows

Jul 16, 2008 06:20 PM UTC
Blokm2-seekingalpha2
Return Risk
-7.40% MID
Associate

Oil Index at CBOE, today, shows that in order to technical analysis oil has broken the lower band of Bollinger band. When the oil prices index is currently under the lower band, it should be considered oversold as same as W%R signed.

Bespoke Investment wrote that the energy sector is now trading well below the bottom of its trading range, and only 5% of the stocks in it are trading above their 50-day moving averages.

Accordingly I expect oil prices will immediately rebound from present lows. Which one should be bought? XOM is signing that the stock is oversold. Read more at http://conquerthewallstreet.blogspot.com/2008/07/big-decline-...


XOM:  This call was made on 07/16/08 @ $80.1099
Rating:   Positive   $80.1099 (07/16/08)
Closed:   07/22/2008 @ $82.46 (+2.93% in 6 days)
Target:   $100.00 (+24.83%) in > one year


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 19.61 +43.19% 177
2 Gerald Greene 18.26 +42.29% 57
3 krprasad 16.35 +17.71% 7
4 The Big Bear 14.95 +39.54% 212
5 akiralegrand 13.77 +16.71% 40


POPULAR STOCKS
Symbol Company Name Sentiment
MO Altria Group Inc
AAPL Apple Computer Inc
BIDU Baiducom Inc ADS
AMD Advanced Micro Devices Inc
C Citigroup Inc
WM Washington Mutual Inc

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
Exxon Mobil Corp (XOM)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
72.0%
Top:
48.5%




Latest Picks by Heri Setyono
Symbol SP Sentiment Rating Return Since
UYG Positive -46.04% 10/19/08
GSG Positive -28.31% 10/16/08
COF Negative +18.54% 10/12/08
RIMM Positive -32.08% 10/10/08
GLD Positive -8.65% 10/10/08

View All >
   
Heri Setyono previously rated XOM
Negative +2.54% Bearish on XOM ...
06/05/2008
0





IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch