Monthly Archives: June 2020
Professor’s Comments June 30, 2020
Posted by professor at Jun
The market rose yesterday on weak volume. The Dow finished with gain of 580 points, closing at 25,596. The NASDAQ and SPX were up 117 and 44 points, respectively. Volume on the NYSE was light, coming in at only 83 percent of its 10-day average. There were 46 new highs and 2 new lows. Yesterday’s rally was […]
Category: ', Professor's Comments
Dow Chart with Patterns June 28, 2020
Posted by professor at Jun
Attached is a 60 min chart of the Dow (DIA) that shows the two Head & Shoulders Patterns I have been talking about in my Daily Comments for weeks. On Friday, the Dow closed right at the neckline of the larger H&S pattern. So IF the Dow starts out lower on Monday and breaks below […]
Category: ', Professor's Comments, Weekend Strategy Review
Dean’s List June 26, 2020
Posted by professor at Jun
Ticker: Name: Rank: Price: AU ANGLOGOLD LTD 5 28.63 UCO Crude Oil ETF 2X 5 27.21 BRF Market Vectors Brazil Small Cap ETF 3 16.14 EPI WisdomTree India Earnings 3 20.16 PAAS PAN AMERN SILVER CORP 3 28.53 PGJ PowerShares Golden Dragon Halter US 3 48.93 AAPL Apple Computers Inc 2 353.63 DUG […]
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A few Comments before the open Fri, Jun 26th, 2020
Posted by professor at Jun
Yesterday’s late 300 point rally appeared to be an attempt to retrace some of Wednesday’s 700 point loss. The rally reached an intraday high of 25,769, so it was about 200+ points shy of Tuesday’s ‘Island Reversal’ gap at the 25,993 level. During a major decline, gaps are natural targets for a retracement. The Japanese […]
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Dean’s List June 25, 2020
Posted by professor at Jun
Ticker: Name: Rank: Price: BRF Market Vectors Brazil Small Cap ETF 6 16.94 UCO Crude Oil ETF 2X 6 28.49 EWZ iShares MSCI Brazil 5 29.66 AU ANGLOGOLD LTD 4 28.72 PGJ PowerShares Golden Dragon Halter US 4 49.50 AAPL Apple Computers Inc 3 364.84 EPI WisdomTree India Earnings 3 20.28 EUFN iShares European […]
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Professor’s Comments June 25, 2020
Posted by professor at Jun
The market plunged yesterday on moderate volume. The Dow finished with loss of 710 points, closing at 25,446. The NASDAQ and SPX were down 222 and 80 points, respectively. Volume on the NYSE came in at 99 percent of its 10-day average. There were 15 new highs and 12 new lows. The increase in new lows turned […]
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Dean’s List June 24, 2020
Posted by professor at Jun
Ticker: Name: Rank: Price: DUG PROSHARE TRUST ULTRASHORT OI 9 43.24 VXX S&P 500 VIX Short Term 5 36.72 AU ANGLOGOLD LTD 4 28.36 BRF Market Vectors Brazil Small Cap ETF 4 16.82 UCO Crude Oil ETF 2X 4 27.01 AAPL Apple Computers Inc 3 360.06 EWZ iShares MSCI Brazil 3 29.04 SKF PROSHARE […]
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Professor’s Comments June 23, 2020
Posted by OMS at Jun
The market rose moderately yesterday on weak volume. The Dow finished with gain of 154 points, closing at 26,025. The NASDAQ and SPX were up 110 and 20 points, respectively. Volume on the NYSE was extremely light, coming in at only 77 percent of its 10-day average. There were 61 new highs and 6 new lows. Not […]
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Weekend Strategy Review June 21, 2020
Posted by OMS at Jun
The markets were mixed on Friday. The Dow finished with a loss of 209 points, closing at 25,871. It was up 266 points for the week. The NASDAQ gained 3 points on Friday and was up 357 points for the week. The disparity between the Dow and the tech heavy NASDAQ continues as speculators pour […]
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Members Watch List June 18, 2020
Posted by OMS at Jun
Ticker: Name: Rank: Price: NBR NABORS INDUSTRIES INC 44 49.47 BBBY Bed Bath & Beyond 18 9.72 THO Thor Industries Inc 14 114.03 RCL ROYAL CARIBBEAN CRUISES LTD 13 58.03 CCL Carnival Corp 11 19.09 CROX CROCS INC 11 33.01 BGSF BG Staffing 10 11.91 DECK DECKERS OUTDOOR CORP 10 198.39 JBLU JETBLUE AWYS CORP […]
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