Monthly Archives: September 2017
Professor’s Comments
Posted by OMS at Sep
The markets were mixed yesterday. The Dow was the biggest gainer and finished up 42 points at 22,413. The NASDAQ was down 5 points while the SPX was up 2. Volume on the NYSE was moderate, coming in at 105 percent of its 10-day average. There were 119 new highs and 18 new lows. The […]
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Members Watch List September 20, 2017
Posted by OMS at Sep
Ticker: Name: Rank: Price: CBI CHICAGO BRIDGE & IRON CO N V 11 16.28 CVI CVR Energy 8 24.08 ATW Atwood Oceanics 7 8.15 RES RPC Inc 7 22.71 NBR NABORS INDUSTRIES INC 6 7.48 CDE COEUR D ALENE MINES CORP IDA 5 9.26 CLR Continental Resources 5 37.03 GEOS Geospace Technologies Corp 5 17.12 […]
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Dean’s List September 20, 2017
Posted by OMS at Sep
Ticker: Name: Rank: Price: DIG PROSHARE ULTRA OIL & Gas 4 33.49 OIH OIL SVC HOLDRS TR 4 24.82 PXJ PowerShares Oil & Gas Services 4 9.32 REMX Market Vectors Rare Earth/Str Metal 4 25.75 XIV Inverse VIX Short Term ETN 4 93.59 BRF Market Vectors Brazil Small Cap ETF 3 25.65 PSI PowerShares Semiconductors […]
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Professor’s Comments September 20, 2017
Posted by OMS at Sep
The markets were up slightly again yesterday. The Dow finished up 39 points at 22,371. The NASDAQ and SPX were up 7 and 3 points, respectively. Volume on the NYSE was moderate, coming in at 97 percent of its 10-day average. There were 164 new highs and 18 new lows. The Fed will be announcing […]
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Professor’s Comments Update 9/19/17
Posted by OMS at Sep
Not much happening today as traders wait for tomorrow’s Fed announcement. One of the things I’m watching is the first 15 minute bar on the Q’s. It’s possible that the NASDAQ-100, QQQ, has already topped. If so, yesterday’s late day impulsive decline could be a small sub-wave 3 within wave 1 down. So IF the […]
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Members Watch List September 19, 2017
Posted by OMS at Sep
Ticker: Name: Rank: Price: CBI CHICAGO BRIDGE & IRON CO N V 9 15.17 CVI CVR Energy 7 23.34 GEOS Geospace Technologies Corp 7 17.04 ATW Atwood Oceanics 6 8.04 MU Micron Technology 6 35.43 GPOR GULFPORT ENERGY CORP 5 13.47 NBR NABORS INDUSTRIES INC 5 7.64 REMX Market Vectors Rare Earth/Str Metal 5 25.82 […]
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Dean’s List September 19, 2017
Posted by OMS at Sep
Ticker: Name: Rank: Price: XIV Inverse VIX Short Term ETN 6 93.39 REMX Market Vectors Rare Earth/Str Metal 5 25.82 DIG PROSHARE ULTRA OIL & Gas 4 33.29 PXJ PowerShares Oil & Gas Services 4 9.39 BRF Market Vectors Brazil Small Cap ETF 3 25.73 EWZ iShares MSCI Brazil 3 43.13 OIH OIL SVC HOLDRS […]
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Professor’s Comments September 19, 2017
Posted by OMS at Sep
The markets were up slightly yesterday. The Dow was the biggest gainer, closing up 63 points at 22,331. The NASDAQ and SPX finished up 4 and 6 points, respectively. Volume on the NYSE was moderate, coming in at 93 percent of its 10-day average. There were 167 new highs and 14 new lows. The Fed […]
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Weekend Strategy Review Charts 9/17/17
Posted by OMS at Sep
The attached charts show the Bullish Triangle Scenario for the Dow (DIA) and a Rising Channel for the SPX. Given the strong gap move up on the DIA on 11 September, I must consider the move to be wave 3 in a 5-wave sequence. So once wave 3 up completes, there should be a small […]
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Members Watch List September 17, 2017
Posted by OMS at Sep
Ticker: Name: Rank: Price: ATW Atwood Oceanics 8 8.02 CBI CHICAGO BRIDGE & IRON CO N V 8 15.05 CVI CVR Energy 8 23.06 GEOS Geospace Technologies Corp 5 16.82 MU Micron Technology 5 34.65 RES RPC Inc 5 22.69 CERN Cerner Corp 4 71.48 PRGO Perrigo Co 4 86.90 TEVA Teva Pharmaceutical Ind 4 […]
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