Monthly Archives: June 2022
Professor’s Comments June 7, 2022
Posted by OMS at Jun
The market started the day with an early pop, then spent the rest of the day in a choppy low volume sideways move. The Dow finished with a gain of 16 points, closing at 32,915. So far, the high for the Wave 2 retracement is last Wednesday’s high of 32,272. My lower target for Wave […]
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Members Watch List June 5, 2022
Posted by OMS at Jun
Ticker: Name: Rank: Price: PLAB Photronics Inc 16 22.11 CVI CVR Energy 15 39.14 DDS Dillards Inc 14 324.41 HFC HollyFrontier 9 52.84 UCO Crude Oil ETF 2X 9 52.07 BIDU BAIDU COM INC 8 143.42 DVN Devon Energy Corp 8 77.02 MRO USX Marathon Group 8 31.68 NBR NABORS INDUSTRIES INC 8 180.33 CLR […]
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Dean’s List June 5, 2022
Posted by OMS at Jun
Ticker: Name: Rank: Price: DIG PROSHARE ULTRA OIL & Gas 9 46.23 UCO Crude Oil ETF 2X 9 52.07 MRO USX Marathon Group 8 31.68 XOP STREETTRACKS SER TR 8 161.62 PXE PowerShares Energy Exploration & Pr 7 34.48 OIH OIL SVC HOLDRS TR 5 302.76 USO UNITED STATES OIL FUND LP 5 89.47 VDE […]
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Weekend Strategy Review June 5, 2022
Posted by OMS at Jun
OK, we’re in tricky territory now. The S&P and the Russell2K reached the lower boundary of the targets I had been using for Wave 2 up. The Dow only carried to the 33,248 level, which was below Wednesday’s high. So, the question we need to ask ourselves this weekend is …Is Wave 2 up complete? […]
Category: ', Professor's Comments, Weekend Strategy Review
Members Watch List June 2, 2022
Posted by OMS at Jun
Ticker: Name: Rank: Price: PLAB Photronics Inc 17 21.61 CVI CVR Energy 10 36.30 EQT Equitable Resources Inc 10 49.80 NBR NABORS INDUSTRIES INC 9 173.79 CLR Continental Resources 8 68.98 HFC HollyFrontier 8 50.48 MRO USX Marathon Group 8 31.38 DVN Devon Energy Corp 7 76.48 UNG UNITED STATES NATURAL GAS FU 7 29.79 […]
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Dean’s List June 2, 2022
Posted by OMS at Jun
Ticker: Name: Rank: Price: DIG PROSHARE ULTRA OIL & Gas 9 45.32 MRO USX Marathon Group 8 31.38 PXE PowerShares Energy Exploration & Pr 7 34.16 UNG UNITED STATES NATURAL GAS FU 7 29.79 XOP STREETTRACKS SER TR 7 159.68 UCO Crude Oil ETF 2X 6 47.93 OIH OIL SVC HOLDRS TR 5 299.31 VDE […]
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Professor’s Comments June 2, 2022
Posted by OMS at Jun
The major indexes declined yesterday on relatively light volume. The move appeared to be a continuation of Friday’s pullback, which from a wave count perspective, still appears to be a sub-wave 4 within Wave 2 up. Once sub-wave 4 completes, wave 5 up should carry the major indexes to the targets I mentioned in yesterday’s […]
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