Monthly Archives: January 2016
Professor’s Comments Profit 1/20/16
Posted by OMS at Jan
I’m taking profits on my HSY and KMI trades now. And because these were entered as scalp trades, I do not plan to hold any of the positions overnight. h Not sure of the terminology we use? Check out these articles The Hockey Stick Pattern The Creation of Waves and Trends FAQ All of the […]
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Professor’s Comments Update 1/20/16
Posted by OMS at Jan
I bought some Kinder Morgan (KMI) earlier this morning at 11.27. Last April, KMI was trading at $44. I didn’t buy KMI because of the indicators. There is NOTHING in any indicator I monitor that tells me that the stock is going up. I bought it because at 11 bucks a share, the market is […]
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Professor’s Comments After the Open 1/20/16
Posted by OMS at Jan
I sort of like what I’m seeing with HSY this morning. The stock held up well in this morning’s decline and appears to be in the process of forming a small wave 2. The wave 1 bounce off Friday’s low is pretty evident on the 10 min bars, so it might take some time for […]
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Members Watch List January 20, 2016
Posted by OMS at Jan
Ticker: Name: Rank: Price: BIS ProShares UltraShort Biotech 14 41.35 VXX S&P 500 VIX Short Term 12 26.71 SSG PROSHARE TRUST ULTRASHORT SE 10 54.86 DUG PROSHARE TRUST ULTRASHORT OI 8 90.13 QID ULTRASHORT QQQ PROSHARES 7 35.96 DXD ULTRASHORT DOW30 PROSHARES 6 23.65 GPOR GULFPORT ENERGY CORP 5 22.47 EQT Equitable Resources Inc 4 […]
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Dean’s List January 20, 2016
Posted by OMS at Jan
Ticker: Name: Rank: Price: VXX S&P 500 VIX Short Term 12 26.71 SSG PROSHARE TRUST ULTRASHORT SE 10 54.86 FXP PROSHARES ULTRASHORT FTSE/XI 9 55.11 TWM ULTRASHORT RUSSELL2000 PROSH 9 50.48 DUG PROSHARE TRUST ULTRASHORT OI 8 90.13 SKF PROSHARE TRUST ULTRASHORT FI 8 56.11 QID ULTRASHORT QQQ PROSHARES 7 35.96 DXD ULTRASHORT DOW30 PROSHARES […]
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Professor’s Comments January 20, 2016
Posted by OMS at Jan
After an initial pop at the open to 16,171, the Dow fell to 15,900 and then rallied into the close to finish up 27 points at 16,016. Volume was moderate, coming in at 102 percent of its 10-day moving average. There were 10 new highs and 704 new lows. In Monday’s Comments, I talked about […]
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Professor’s Comments Update 1/19/16
Posted by OMS at Jan
If you took the inverse ETF trade I talked about this weekend from Dow 16,150, it might be time to take a few bucks off table and let the rest ride with at stop. I plan to be out of the trade by the close. That’s what I’m doing, h Not sure of the terminology […]
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Professor’s Comments January 19, 2016
Posted by OMS at Jan
I had some time this morning to look at a few wave mapping possibilities for the next few weeks. And because the Dow appears to be getting very close to a minor wave 3 bottom which should make trading extremely volatile, I thought I’d share my thoughts on how I plan to trade these waves. […]
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Members Watch List January 16, 2016
Posted by OMS at Jan
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 9 55.34 BIS ProShares UltraShort Biotech 7 39.54 VXX S&P 500 VIX Short Term 5 26.70 DUG PROSHARE TRUST ULTRASHORT OI 4 86.08 DXD ULTRASHORT DOW30 PROSHARES 4 23.76 GPOR GULFPORT ENERGY CORP 4 23.25 QID ULTRASHORT QQQ PROSHARES 4 36.10 ED Consolidated Edison Co N […]
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Dean’s List January 16, 2016
Posted by OMS at Jan
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 9 55.34 FXP PROSHARES ULTRASHORT FTSE/XI 8 57.82 TWM ULTRASHORT RUSSELL2000 PROSH 6 49.27 EEV PROSHARES ULTRSHRT MSCI EMRN 5 30.14 VXX S&P 500 VIX Short Term 5 26.70 DUG PROSHARE TRUST ULTRASHORT OI 4 86.08 DXD ULTRASHORT DOW30 PROSHARES 4 23.76 EPV ProShares UltraShort Europe […]
Category: ', Dean's List