serious break down in discipline today. still holding from 50.63, will have to painfully close out though if we go up anymore.
Exxon Mobil profits fall 58 percent to $4.6B By JOHN PORRETTO â 6 hours ago HOUSTON (AP) â Exxon Mobil says its first-quarter profit fell 58 percent as the world's biggest publicly traded oil company, like smaller rivals, encountered far lower year-over-year oil and gas prices. Exxon Mobil Corp., based in Irving, Texas, said Thursday that earnings for the first three months of the year came to $4.6 billion, or 92 cents a share, down from $10.9 billion, or $2.02 a share, a year ago. Analysts polled by Thomson Reuters were looking for net income of 95 cents a share. Revenue fell 45 percent to $64 billion from $116.9 billion a year ago. Analysts, on average, had forecast revenue of about $54 billion, Thomson Reuters said. Still, the company increased capital spending in the first quarter from a year ago.
got myself out a little earlier than my stop. long at 51.69. sigh, oil is decoupling like crazy from stocks and even the euro/usd. can't get proper confirmation of trends or reversals. this is f***ing hard.