Exxon Mobil Corporation (XOM) has been thrashing around for the past few weeks on some high volatility. One moment the price of oil is at $90, the next its at $111, and now its around $100. Although XOM is mostly a refiner, the price of oil affects its profit margins and in turn the expectations of investors/traders.
Loading up my Exxon Mobil neural net model this morning I find that its giving us a BUY signal for this morning's open. This neural net model has been pretty profitable over the last 60 bars, its up over 11% (not including commissions/fees).
I've been using Stock NeuroMaster since the beginning of the year and have been very happy with it.Â I owe my readers a tips and tricks post on how I use it generate these BUY and SELL signals.Â If I have time I'll write up the post over lunch!
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