Monthly Archives: August 2015
Weekend Strategy Review More Thoughts 8/23/15
Posted by OMS at Aug
I had a chance to take a closer look at the charts this morning, and to tell the truth, I really don’t like what I see. There was a lot of panic selling late Friday, and IF the Fed doesn’t step in today with some type of stimulus program, the selling will likely continue on […]
Category: ', Professor's Comments, Weekend Strategy Review
Members Watch List August 22, 2015
Posted by OMS at Aug
Ticker: Name: Rank: Price: SA Seabridge Gold Inc 12 6.62 VXX S&P 500 VIX Short Term 12 20.72 BIS ProShares UltraShort Biotech 11 32.75 DUG PROSHARE TRUST ULTRASHORT OI 10 75.22 AU ANGLOGOLD LTD 9 8.13 QID ULTRASHORT QQQ PROSHARES 8 37.76 SSG PROSHARE TRUST ULTRASHORT SE 8 63.93 DXD ULTRASHORT DOW30 PROSHARES 6 23.87 […]
Category: ', Members Watch List
Dean’s List August 22, 2015
Posted by OMS at Aug
Ticker: Name: Rank: Price: FXP PROSHARES ULTRASHORT FTSE/XI 12 45.73 VXX S&P 500 VIX Short Term 12 20.72 EEV PROSHARES ULTRSHRT MSCI EMRN 11 25.92 DUG PROSHARE TRUST ULTRASHORT OI 10 75.22 AU ANGLOGOLD LTD 9 8.13 QID ULTRASHORT QQQ PROSHARES 8 37.76 SSG PROSHARE TRUST ULTRASHORT SE 8 63.93 EWV ProShares UltraShort MSCI Japan […]
Category: ', Dean's List
Weekend Strategy Review August 22, 2015
Posted by OMS at Aug
The Dow fell another 531 points on Friday, closing slightly below my target for wave 3 of 3 down at 16,469. It was down 1,118 points for the week. The NASDAQ was down a whopping 171 points on Friday and down 342 points for the week. When the Dow was down over 300 points on […]
Category: ', Professor's Comments, Weekend Strategy Review
Professor’s Comments Update 8/20/15
Posted by OMS at Aug
OK, with the Dow down over 300 points and approaching 16,650, I’m closing out ALL of my inverse ETF positions. Even though my target for the Dow on this leg down is the 16,500 level, I do not believe the reward-risk justifies holding large quantities on inverse positions at this time. The market could […]
Category: ', Professor's Comments
Members Watch List August 21, 2015
Posted by OMS at Aug
Ticker: Name: Rank: Price: SA Seabridge Gold Inc 9 6.82 AU ANGLOGOLD LTD 8 8.29 DUG PROSHARE TRUST ULTRASHORT OI 6 70.36 BIS ProShares UltraShort Biotech 5 30.85 SSG PROSHARE TRUST ULTRASHORT SE 4 60.99 DXD ULTRASHORT DOW30 PROSHARES 2 22.47 ED Consolidated Edison Co N Y Inc 2 66.82 FNV Franco-Nevada Corporation 2 47.35 […]
Category: ', Members Watch List
Dean’s List August 21, 2015
Posted by OMS at Aug
Ticker: Name: Rank: Price: AU ANGLOGOLD LTD 8 8.29 EEV PROSHARES ULTRSHRT MSCI EMRN 7 24.40 DUG PROSHARE TRUST ULTRASHORT OI 6 70.36 FXP PROSHARES ULTRASHORT FTSE/XI 5 43.64 SSG PROSHARE TRUST ULTRASHORT SE 4 60.99 TMF Direxion Daily 20+ Yr Trsy Bull 3X 4 84.77 TWM ULTRASHORT RUSSELL2000 PROSH 4 39.22 EPV ProShares UltraShort […]
Category: ', Dean's List
Professor’s Comments August 21, 2015
Posted by OMS at Aug
The Dow had its worst day in almost 4 years as it fell 358 points to close at 16,991. Volume was heavy, coming in at 115 percent of its 10-day average. There were only 8 new highs and 363 new lows. Yesterday’s decline was a reminder of what happens during an impulse wave in a […]
Category: ', Professor's Comments
Professor’s Comments Update 8/20/15
Posted by OMS at Aug
After two days of nasty declines, I’m going to take a few bucks off the table. If the market pops tomorrow, it could trigger a VIX Buy Signal. I went into this decline aggressively short, so I’m just going to lighten up a bit. Managing money. That’s what I’m doing, h Not sure of […]
Category: ', Professor's Comments
Members Watch List August 20, 2015
Posted by OMS at Aug
Ticker: Name: Rank: Price: AU ANGLOGOLD LTD 5 7.47 PHM Pulte Homes Inc 3 22.02 UA UNDER ARMOUR INC 3 100.06 ACGL Arch Capitol Group 2 73.41 BIS ProShares UltraShort Biotech 2 28.50 CVI CVR Energy 2 42.06 DUG PROSHARE TRUST ULTRASHORT OI 2 67.21 ED Consolidated Edison Co N Y Inc 2 66.87 EE […]
Category: ', Members Watch List