Small Cap Oils Watchlist

If oil continues to rebound strongly I will be watching some of these small cap oils and solars should they see a surge in volume. Early last summer many of these stocks made insane moves such as MXC from under 5 to over 50 in less than a month, PDO from 3.5 to 35 etc. With some of them making big percentage moves over the last couple days(BPZ, QELP) on light volume I except the others to start to see attention. The early part of the year is seasonally the best time for small caps as hedge funds have a bigger tolerance for risk. With oil in rebound mode and these stocks recently hammered it seems a logical place for the money to go. With many of them still having big short positions I could see them making big percentage moves. I will be watching for volume surges to get long. A few such as KOG and NOG have already seen good upticks in volume and I have already started positions in a few names. When all traders return to the desk Monday, it might add some fuel to the fire.

Small Cap Oils Screen

HUSA ROYL PDO KOG KAZ MXC NOG BPZ WH CFW CMZ ENT XCO

Solars saw massive moves as well and I will keep a close eye here. They might need a little time to consolidate but have a reputation for continuing to move even when they are overextended.

Solar Screen

SOL* JASO* ENER CSIQ LDK STP YGE* CSUN SOLF TSL*

TSL and SOL both are setting up bull flag patterns over 50 dma. A move through recent highs should get some attention.

JASO and YGE have proved to be some of the biggest movers in recent weeks and I will look for pullbacks in those names.


I will also still look at some of the shippers for day trades. They are extended but can still provide some upside if you keep your time frames very short.

JAX