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August 27, 2023

WFC Revisited

BY LICIA LESLIE  August 27, 2023  Hi Shoppers, As Fitch was downgrading the US debt, here at Option Pit we were giving out our best trade ideas regarding the news and the next move the market would make. I told my Option Shoppers on August 2nd that Wells Fargo (Ticker: WFC) was rolling over and…

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August 6, 2023

XOM Reversal

BY LICIA LESLIEAugust 6, 2023 Hi Shoppers, I thought it might be time for a little Japanese candlestick lesson. There is a perfect specimen of a possible change in trend candle in Exxon Mobil (Ticker: XOM). As you can see, XOM has been trading in a range since May 10th. The high on that range is $109 and the low…

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