Monthly Archives: May 2019
Professor’s Comments 2nd Update 5/23/19
Posted by OMS at May
With the Dow down over 400 points, the Model is closing out all of its positions. Now that the Dow has fallen to the 25,350 level, I don’t see any point in risking money for a few hundred more Dow points. With the markets closed on Monday for the Memorial Day Holiday, I’d rather spend […]
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Professor’s Comments Update 5/23/19
Posted by OMS at May
All of the positions in the Model Portfolio are having a really nice day today. SCO is now at its first target (17.31) and should meet some resistance at this level before pushing higher. Remember, triangles have pullbacks, so don’t expect this one to be any different. If you’re nervous about the current news driven […]
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Members Watch List May 23, 2019
Posted by OMS at May
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 7 15.07 SAM BOSTON BEER INC 5 342.61 UA UNDER ARMOUR INC 5 21.37 ACHC Acadia Healthcare 4 33.51 AIG American Intl Group Inc 4 52.56 NOC Northrop Corp 4 316.63 CERN Cerner Corp 3 70.13 CVI CVR Energy 3 46.42 HSY Hershey Foods Corp 3 […]
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Dean’s List May 23, 2019
Posted by OMS at May
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 7 15.07 FXP PROSHARES ULTRASHORT FTSE/XI 5 68.56 EEV PROSHARES ULTRSHRT MSCI EMRN 4 47.14 CORN Teucrium Corn 2 15.91 DUG PROSHARE TRUST ULTRASHORT OI 2 39.56 SCO PROSHARES ULTRASHORT DJ-AIG 2 16.00 TMF Direxion Daily 20+ Yr Trsy Bull 3X 2 21.55 EPV ProShares UltraShort […]
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Professor’s Comments May 23, 2019
Posted by OMS at May
The markets fell yesterday, continuing the choppy trading sideways pattern of the past week. Choppy sideways trading is almost always associated with the development of a triangle so once the pattern completes, the markets should resume their downward course. Yesterday, the Dow finished with a loss of 101 points, closing at 25,777. The NASDAQ and […]
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Members Watch List May 22, 2019
Posted by OMS at May
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 5 14.44 UA UNDER ARMOUR INC 5 21.16 ACHC Acadia Healthcare 4 33.43 AIG American Intl Group Inc 4 52.50 CVI CVR Energy 4 47.25 NOC Northrop Corp 4 316.24 SAM BOSTON BEER INC 4 346.56 CERN Cerner Corp 3 70.15 CORN Teucrium Corn 3 15.85 […]
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Dean’s List May 22, 2019
Posted by OMS at May
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 5 14.44 CORN Teucrium Corn 3 15.85 FXP PROSHARES ULTRASHORT FTSE/XI 3 67.93 EEV PROSHARES ULTRSHRT MSCI EMRN 2 46.78 PPA PowerShares Aerospace & Defense 2 62.32 SCO PROSHARES ULTRASHORT DJ-AIG 2 15.10 DDM PROSHARES – Ultra Dow 30 1 46.09 DUG PROSHARE TRUST ULTRASHORT OI […]
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Professor’s Comments May 22, 2019
Posted by OMS at May
The markets rose sharply yesterday, retracing all of Monday’s decline and then some. The Dow finished with a gain of 197 points, closing at 25,877. The NASDAQ and SPX finished up 83 and 24 points, respectively. Volume on the NYSE was on the low side, coming in at 92 percent of its 10-day moving average. […]
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Professor’s Comments Updates 5/21/19
Posted by OMS at May
Update 9:45 The Model just bought a ‘trial’ position (500 shares) in QID, the 2X inverse leveraged ETF for the NASDAQ-100. Price paid for the shares was 33.61. Update 10:00 Students should watch the hourly bars on SCO. The Bands have narrowed so IF the CCI turns positive, the ETF should begin to move […]
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Members Watch List May 21, 2019
Posted by OMS at May
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 8 15.19 SAM BOSTON BEER INC 6 347.60 AIG American Intl Group Inc 4 52.43 BIS ProShares UltraShort Biotech 4 19.66 NOC Northrop Corp 4 314.58 ACHC Acadia Healthcare 3 32.78 CERN Cerner Corp 3 69.55 HSY Hershey Foods Corp 3 129.30 AXP American Express Co […]
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