Monthly Archives: May 2019
Professor’s Comments Update 5/31/19
Posted by OMS at May
With the Dow down over 300 points, and in an EXTREMELY oversold condition, the Model is once again selling its positions in DXD and QID, taking another nice profit. Today’s decline is clearly news driven, and anytime I get to make a profit on unexpected news, I take it. I still believe this market can […]
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Members Watch List May 31, 2019
Posted by OMS at May
Ticker: Name: Rank: Price: DUG PROSHARE TRUST ULTRASHORT OI 7 44.59 SSG PROSHARE TRUST ULTRASHORT SE 7 31.66 CORN Teucrium Corn 4 17.02 AIG American Intl Group Inc 3 51.94 CME CHICAGO MERCANTILE HLDGS INC 3 192.36 NBIX NEUROCRINE BIOSCIENCES INC 3 83.20 NCR N C R Corp 3 31.15 QID ULTRASHORT QQQ PROSHARES 3 […]
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Dean’s List May 31, 2019
Posted by OMS at May
Ticker: Name: Rank: Price: SCO PROSHARES ULTRASHORT DJ-AIG 10 18.52 DUG PROSHARE TRUST ULTRASHORT OI 7 44.59 SSG PROSHARE TRUST ULTRASHORT SE 7 31.66 TMF Direxion Daily 20+ Yr Trsy Bull 3X 5 23.61 CORN Teucrium Corn 4 17.02 EWZ iShares MSCI Brazil 3 41.36 FXP PROSHARES ULTRASHORT FTSE/XI 3 69.12 QID ULTRASHORT QQQ PROSHARES […]
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Professor’s Comments May 31, 2019
Posted by OMS at May
Last night, President Trump announced that the U.S. would impose a 5 percent tariff on Mexican goods starting on 10 June. The news is causing a steep decline in the overnight the overnight futures. It’s possible that the cash market could open below the 25,000 level. If 25,000 doesn’t hold, the Dow could fall to […]
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Professor’s Comments Update 5/30/19
Posted by OMS at May
The Model is taking profits on the SCO trade it established this morning. At, 17.95, SCO is up over $700 since the Model bought it this morning. Remember, we’re trading one of the legs of a triangle, so we don’t want to get greedy. h One hour video recorded from May 28, 2016 The Professor’s […]
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Professor’s Comments Updates 5/30/19
Posted by OMS at May
9:40 With the Dow up about 74 points, I’m looking to re-establish the ‘trial’ positions in DXD and QID in the Model. h 10:06 The Model just bought 1,000 shares of SCO, the inverse ETF for West Texas Crude Oil. Price paid was 17.14 per share. h One hour video recorded from May 28, […]
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Members Watch List May 30, 2019
Posted by OMS at May
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 9 31.90 DUG PROSHARE TRUST ULTRASHORT OI 7 43.55 CORN Teucrium Corn 4 16.58 QID ULTRASHORT QQQ PROSHARES 4 35.80 REMX Market Vectors Rare Earth/Str Metal 4 15.34 AIG American Intl Group Inc 3 51.62 CERN Cerner Corp 3 69.43 CME CHICAGO MERCANTILE HLDGS INC 3 […]
Category: ', Members Watch List
Dean’s List May 30, 2019
Posted by OMS at May
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 9 31.90 SCO PROSHARES ULTRASHORT DJ-AIG 8 17.14 DUG PROSHARE TRUST ULTRASHORT OI 7 43.55 CORN Teucrium Corn 4 16.58 QID ULTRASHORT QQQ PROSHARES 4 35.80 REMX Market Vectors Rare Earth/Str Metal 4 15.34 EWZ iShares MSCI Brazil 3 40.92 FXP PROSHARES ULTRASHORT FTSE/XI 3 69.22 […]
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Professor’s Comments May 30, 2019
Posted by OMS at May
The markets fell hard again yesterday. The Dow fell below its target level of 25,000 (24,938) before bouncing into the close. It finished with a loss of 221 points at 25,126. The NASDAQ and SPX finished down 60 and19 points, respectively. Volume on the NYSE was heavy, coming in at 110 percent of its 10-day […]
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Professor’s Comments Update 5/29/19
Posted by OMS at May
With the Dow down over 190 points and approaching the 25,150 level, the Model is taking profits on its inverse positions. On the sidelines waiting for further developments. h One hour video recorded from May 28, 2016 The Professor’s Signs of a Major Market Turn – Prospectives and the Projected Timing and Levels One hour […]
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