Wednesday, December 8, 2010

MTSL

THE IMPORTANCE OF DIFFERENT TIME FRAMES


Here is the 60 minute view.  Nothing very appealing except the jump in price.



Now lets look at the 20 minute view.



Now the 10 minute chart.  I am loving this setup and that is why I have been buying the dips everychance I get.  



Decision Time

Not many seem to care about the watchlist. So I am going to talk about some charts instead.

Wednesday, December 1, 2010

Daily Watchlist $VYOG $CDY $IO $FSII $FRM $COWN $EXLLF $SPRT $BPZ

Market Sentiment
(If market moves higher tomorrow we will have a green light)

VYOG
CDY
IO
FSII
FRM
COWN
EXLLF
SPRT
BPZ

Drilling Companies in the Gulf of Mexico

Active Drillers in the Gulf of Mexico

Oil and Gas Rig Contractors Active in the Gulf of Mexico

Based on the latest fleet status reports the number of rig contractors and operators in the Gulf of Mexico and active in Shallow water include the following.
  • Transocean 13 active 0 in shallow water
  • Hercules Offshore 12 active 12 in shallow water
  • Diamond Offshore 10 active 4 in shallow water
  • Ensco 8 active 6 in shallow water
  • Rowan 7 active 7 in shallow water
  • Noble Corp 6 active 0 in shallow water
  • Seadrill 1 active 0 in shallow water

Oil and Gas Rig Operators Active in the Gulf of Mexico

  • Chevron 8 active 5 in shallow water
  • Apache 4 active 4 in shallow water
  • Shell 4 active 1 in shallow water
  • Anadarko 3 active 0 in shallow water
  • BP 3 active 0 in shallow water
  • Eni 3 0 in shallow water
  • ADTI (Drilling subsidiary of Transocean) 3 active 3 in shallow water
  • LLOG (Privately owned) 3 active 2 in shallow water
  • W&T Offshore 2 active 2 in shallow water
  • BHP Billiton 2 active 0 in shallow water
  • McMoRan Exploration 2 active 2 in shallow water

Refineries Nearest to the Oil Spill

In addition to the drilling rig operators and contractors refineries are also significant in the area due to the impact of energy supply from the spill.
The following list sourced from the U.S. Energy Information Administration shows the rigs in closet proximity to the Gulf Coast spill zone.
Louisiana
  • Conoco: Alliance in Belle Chasse - 247,000 bpd
  • Murphy: Meraux - 120,000 bpd
  • Chalmette: Chalmette - 192,500 bpd
  • Shell: St. Rose - 55,000 bpd
  • Valero: Norco - 185,000 bpd
  • Motiva: Norco - 236,400 bpd
  • Marathon: Garyville - 256,000 bpd
  • Motiva: Convent - 235,000 bpd
Mississippi
  • Chevron: Pascagoula -- 330,000 bpd