Monthly Archives: September 2019
Here’s the cheat sheet I will be using for my trades Sept 9 – 13, 2019
Posted by professor at Sep
Here’s the cheat sheet I will be using for my trades next week: 1. Dow: Working on final wave ‘C’ of Wave 2 up. May need one more rally to complete Wave 2 up. If the Dow only has a small drop early in week, it’s likely wave ‘b’ down of ‘C’ up. If this […]
Category: ', Professor's Comments
Professor’s Comments 9/11/19
Posted by OMS at Sep
The markets were mixed again yesterday, with the Dow gaining 74 points while the technology laden NASDAQ dropped 3 points. The S&P was flat. Yesterday was the third consecutive day that the S&P traded in a narrow range, less than 3 points, which is usually associated with some type of consolidation or triangle pattern. Consolidation […]
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Professor’s Comments Updates 9/10/19
Posted by OMS at Sep
Today’s pullback in the Dow appears to be the small corrective wave b’ I talked about in the WSR. It is definitely NOT impulsive. So because of this, the Model will be closing out its position in DXDs within the next hour or so. If this analysis is correct, the Dow should have one more […]
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Members Watch List September 10, 2019
Posted by OMS at Sep
Ticker: Name: Rank: Price: BBBY Bed Bath & Beyond 10 10.48 STX SEAGATE TECHNOLOGY 8 54.78 PLAB Photronics Inc 7 10.74 UNG UNITED STATES NATURAL GAS FU 7 22.48 GBX Greenbriar Companies 6 27.00 LRCX Lam Research Corp 6 230.34 MU Micron Technology 6 49.13 CVS CVS Corp 5 63.68 DB DEUTSCHE BK A G […]
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Dean’s List September 10, 2019
Posted by OMS at Sep
Ticker: Name: Rank: Price: UNG UNITED STATES NATURAL GAS FU 7 22.48 UCO Crude Oil ETF 2X 5 18.84 DIG PROSHARE ULTRA OIL & Gas 4 24.32 EWW iShares MSCI Mexico 4 42.58 EWY iShares MSCI South Korea 4 55.79 OIH OIL SVC HOLDRS TR 4 12.96 PGJ PowerShares Golden Dragon Halter US 4 37.90 […]
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Professor’s Comments September 10, 2019
Posted by OMS at Sep
The markets were mixed yesterday with large cap Dow stocks closing slightly higher while technology stocks on the NASDAQ declined. The Dow finished with a gain of 38 points, closing at 26,835. The NASDAQ was down 16 points; the SPX was flat. Volume on the NYSE was heavy, coming in at 120 percent of its […]
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Members Watch List September 8, 2019
Posted by OMS at Sep
Ticker: Name: Rank: Price: BBBY Bed Bath & Beyond 10 10.35 STX SEAGATE TECHNOLOGY 8 54.33 PLAB Photronics Inc 7 10.71 LRCX Lam Research Corp 6 227.92 MU Micron Technology 6 48.97 UNG UNITED STATES NATURAL GAS FU 6 21.58 CVS CVS Corp 4 62.23 HD Home Depot Inc 4 231.13 INTC Intel Corp 4 […]
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Dean’s List September 8, 2019
Posted by OMS at Sep
Ticker: Name: Rank: Price: UNG UNITED STATES NATURAL GAS FU 6 21.58 PGJ PowerShares Golden Dragon Halter US 4 37.70 PPLT Physical Platinum Shares ETF 4 89.33 DDM PROSHARES – Ultra Dow 30 3 49.22 EWT iShares MSCI Taiwan 3 35.77 EWW iShares MSCI Mexico 3 42.70 EWY iShares MSCI South Korea 3 55.41 PALL […]
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Weekend Strategy Review September 8, 2019
Posted by OMS at Sep
The markets were mixed on Friday as the Dow rallied while technology stocks on the NASDAQ fell. The Dow finished with a gain of 69 points, closing at 26,797. It was up 394 points for the week. The NASDAQ was down 14 points on Friday but up 140 points for the week. On Friday I […]
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Professor’s Comments Update 9/5/19
Posted by OMS at Sep
The Dow appears to be in the process of completing Wave ‘C’ up of a complex 3-3-5 or zig-zag pattern for Wave 2 up. The rally appears to be driven by news of a potential meeting on trade issues with China. However, just because a meeting is scheduled does not mean that the outcome will […]
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