Monthly Archives: February 2020
Professor’s Comments February 28, 2020
Posted by OMS at Feb
Stocks got hammered again yesterday, the worst one day decline in the history of the market. The Dow finished the day with a loss of 1,191 points, closing at 25,767. The Dow has now lost 3,791 points since the decline started on 12 February. All of the gain since last August has been wiped out […]
Category: ', Professor's Comments
Members Watch List February 27, 2020
Posted by OMS at Feb
Ticker: Name: Rank: Price: VXX S&P 500 VIX Short Term 14 18.93 DUG PROSHARE TRUST ULTRASHORT OI 11 59.67 DXD ULTRASHORT DOW30 PROSHARES 6 24.87 GILD GILEAD SCIENCES INC 6 74.70 TEVA Teva Pharmaceutical Ind 6 13.02 SSG PROSHARE TRUST ULTRASHORT SE 5 15.22 QID ULTRASHORT QQQ PROSHARES 4 22.40 NFLX NETFLIX COM INC 3 […]
Category: ', Members Watch List
Dean’s List February 26, 2020
Posted by OMS at Feb
Ticker: Name: Rank: Price: VXX S&P 500 VIX Short Term 14 18.93 DUG PROSHARE TRUST ULTRASHORT OI 11 59.67 DXD ULTRASHORT DOW30 PROSHARES 6 24.87 SCO PROSHARES ULTRASHORT DJ-AIG 6 18.53 TWM ULTRASHORT RUSSELL2000 PROSH 6 14.28 EPV ProShares UltraShort Europe ETF 5 29.80 PALL ETFS Physical Palladium Shares 5 263.08 SDS ULTRASHORT S&P 500 […]
Category: ', Dean's List
Professor’s Comments February 27, 2020
Posted by OMS at Feb
The markets were mixed yesterday. The Dow finished with a loss of 124 points, closing at 26,960. The NASDAQ was up 15 points while the SPX was down 12 points. Volume on the NYSE was heavy, coming in at 136 percent of its 10-day average. There were 28 new highs and 352 new lows. Yesterday’s […]
Category: ', Professor's Comments
Professor’s Comments Update 2/26/20
Posted by OMS at Feb
There were two major things that happened late yesterday that caused me to do some ‘trial’ buying. The first was a cluster buy program that occurred just before 3 pm with the Dow trading at the 27,150 level. Cluster buying from the institutions during a panic decline is usually a Bullish sign. The markets are […]
Category: ', Professor's Comments
Professor’s Comments 2nd Update 2/25/20
Posted by OMS at Feb
The Model just bought 1,000 shares of DUST and 400 shares of DGLD. Cost for DUST was 4.51. Cost for DGLD was 21.12. The Dow has hit its target for wave 3 down. If the Dow begins to rally from current levels, gold should begin to fall. With the Dow down more than 800 points […]
Category: ', Professor's Comments
Professor’s Comments Update 2/25/20
Posted by OMS at Feb
OK, we’re getting the small wave 2 pop I talked about earlier this morning. This should be an a-b-c affair that takes prices back closer to the 28,200 level. If that happens, I’ll buy a few shares of DXD for the Model. Also, FYI, students should watch yesterday’s low of 321.24 on the SPY. If […]
Category: ', Professor's Comments
Members Watch List February 25, 2020
Posted by OMS at Feb
Ticker: Name: Rank: Price: TSLA Tesla Motors 15 833.79 VXX S&P 500 VIX Short Term 12 17.67 DUG PROSHARE TRUST ULTRASHORT OI 8 51.64 PAAS PAN AMERN SILVER CORP 6 25.34 AU ANGLOGOLD LTD 5 22.48 DXD ULTRASHORT DOW30 PROSHARES 4 23.17 FNV Franco-Nevada Corporation 4 120.24 GDX MARKET VECTORS ETF TR 4 31.05 GILD […]
Category: ', Members Watch List
Dean’s List February 25, 2020
Posted by OMS at Feb
Ticker: Name: Rank: Price: VXX S&P 500 VIX Short Term 12 17.67 DUG PROSHARE TRUST ULTRASHORT OI 8 51.64 GOLD RANDGOLD RES LTD 8 22.03 TMF Direxion Daily 20+ Yr Trsy Bull 3X 8 34.91 EEV PROSHARES ULTRSHRT MSCI EMRN 7 40.17 EWV ProShares UltraShort MSCI Japan 7 28.11 PAAS PAN AMERN SILVER CORP 6 […]
Category: ', Dean's List
Professor’s Comments February 25, 2020
Posted by OMS at Feb
The markets fell hard yesterday, the third worst single day decline ever. The Dow finished with a loss of 1,032 points, closing at 27,961. The NASDAQ and SPX were down 355 and 112 points, respectively. Volume on the NYSE was heavy, coming in at 132 percent of its 10-day average. There were 86 new highs […]
Category: ', Professor's Comments