With oil dropping so much it is hitting a RSI of 30 which means it could possibly be oversold in the short term.
Articles by Andrew Keene
Andrew Keene is President & CEO of AlphaShark Trading, which he originally founded as KeeneOnTheMarket.com in 2011. Previously, Andrew Keene worked as a proprietary trader at the Chicago Board Options Exchange. He began his career in the prestigious Botta Capital 'clerk-to-trade' program, and would eventually co-found KATL Group.
Andrew currently actively trades futures, equity options currency pairs, and commodities. He is a regular guest market commentator on such networks as Bloomberg TV, CNBC, and Fox Business.
Keene's first love will always be trading, but he is arguably even more well known for building a trading room. Andrew is especially proud of having taught his personal strategies to over 50,000 students over the past 4 years.
In 2015, Andrew began appearing as a regular guest on CNBC's Trading Nation, where he focuses on educating viewers on equity options markets and the trading insights they provide.
With the S&P 500 Futures showing a little bit of volatility, we are looking to trade the Nadex Spreads instead of the binary options.
By Andrew Keene, June 20, 2017
With the huge reversal in the S&P 500 Futures on Thursday, looking for the stock market to have room to move higher and could potentially get to 2441 by Fridays close.
By Andrew Keene, June 16, 2017
With a recent pullback in crude oil, we are looking for the chance to get long.
By Andrew Keene, June 14, 2017
Andrew Keene, CEO of Alpha Shark Trading thinks that the stock market has sold off on the FANG names, but with the Vix down, sees some buying pressure and looks to be in buy the dip mod.
By Andrew Keene, June 13, 2017
With a really weak week in Oil, Andrew Keene, CEO of Alpha Shark Trading looks at a couple of different strikes in oil and hope to play some trade opportunities between now and the end of the day.
By Andrew Keene, June 09, 2017
Oil has had a nice move to the upside and looking for it to move higher into the end of the week and the question always is how much can it move higher?
By Andrew Keene, June 07, 2017
Andrew Keene, CEO with AlphaShark Trading discusses his outlook in gold as it gaps higher this morning to the 1285 level and it has overhead resistance at the 1295 level, but he thinks it could mov
By Andrew Keene, June 05, 2017
Andrew Keene with AlphaShark.com looks at the binary strike choices that could be consider late morning after the jobs number on Friday.
By Andrew Keene, June 02, 2017
Andrew Keene, CEO of AlphaShark Trading views the S&P 500 Futures seem to be bought on any pullback and think this could continue until the end of the week.
By Andrew Keene, June 01, 2017
With a drop again in oil, the only things that the market does not seem to like are the energy names and the bank stocks. Andrew Keene, CEO of AlphaShark.com goes over the possible ways to play th
By Andrew Keene, May 31, 2017
Listen to Andrew Keene, CEO of AlphaShark Trading breakdown some Gold binary strikes that he would potentially considered going into today’s FOMC announcement.
By Andrew Keene, May 24, 2017