Monthly Archives: July 2019
Professor’s Comments July 31, 2019
Posted by OMS at Jul
A few quick comments…. Remember, the Federal Reserve will be announcing its latest policy for short-term interest rates at 2pm today. The market is looking for a quarter percent drop in rates. If the Fed eases, it will be an open admission that the economy is weakening. This announcement will be interesting to watch, mainly […]
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Members Watch List July 30, 2019
Posted by OMS at Jul
Ticker: Name: Rank: Price: DDS Dillards Inc 8 75.74 MU Micron Technology 8 46.82 ENTG ENTEGRIS INC 7 44.87 MYL MYLAN LABORATORIES IN 6 20.78 PLAB Photronics Inc 6 9.75 PAAS PAN AMERN SILVER CORP 5 15.90 PRGO Perrigo Co 5 54.24 ADS ALLIANCE DATA SYS CORP 4 157.55 CROX CROCS INC 4 23.29 NOC […]
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Dean’s List July 30, 2019
Posted by OMS at Jul
Ticker: Name: Rank: Price: PAAS PAN AMERN SILVER CORP 5 15.90 RGLD ROYAL GOLD INC 4 119.19 GDXJ Market Vectors Junior Gold Miners E 3 39.31 PSI PowerShares Semiconductors 3 59.26 AAPL Apple Computers Inc 2 209.68 AU ANGLOGOLD LTD 2 18.94 DUG PROSHARE TRUST ULTRASHORT OI 2 40.99 GDX MARKET VECTORS ETF TR 2 […]
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Professor’s Comments July 30, 2019
Posted by OMS at Jul
The markets were mixed yesterday. The Dow finished with a gain of 29 points, closing at 27,210. The NASDAQ and SPX were down 38 and 5 points, respectively. Volume on the NYSE was moderate, coming in at 96 percent of its 10-day moving average. There were 258 new highs and 73 new lows. There were […]
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Members Watch List July 28, 2019
Posted by OMS at Jul
Ticker: Name: Rank: Price: DDS Dillards Inc 8 77.37 MU Micron Technology 8 47.49 ENTG ENTEGRIS INC 7 43.98 PLAB Photronics Inc 7 9.77 BUD Anheuser- Busch InBev 5 100.49 CROX CROCS INC 5 23.67 PRGO Perrigo Co 5 53.54 ADS ALLIANCE DATA SYS CORP 4 158.87 COF Capital One Financial 4 98.08 LRCX Lam […]
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Dean’s List July 28, 2019
Posted by OMS at Jul
Ticker: Name: Rank: Price: PAAS PAN AMERN SILVER CORP 4 15.69 RGLD ROYAL GOLD INC 4 117.86 PSI PowerShares Semiconductors 3 59.37 SCO PROSHARES ULTRASHORT DJ-AIG 3 17.91 EUO PROSHARES ULTRASHORT EURO 2 26.63 GDXJ Market Vectors Junior Gold Miners E 2 38.57 GOLD RANDGOLD RES LTD 2 17.06 IYW iShares D.J. Technology 2 211.51 […]
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Weekend Strategy Review July 28, 2019
Posted by OMS at Jul
The markets were mildly higher on Friday. It appears that traders were waiting to see what the Fed would do with interest rates at their policy meeting next week. The Dow finished with a gain of 51 points, closing at 27,192. It was up 38 points on the week. The NASDAQ was up 92 points […]
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Professor’s Comments Update 7/26/19
Posted by OMS at Jul
The Model will be selling its shares of TBT by today’s close. The indicators on the ‘trial’ position have not turned positive as expected and with a Fed announcement scheduled for next week, there is a danger that the position could turn south. The sale of TBT will free up money the Model will likely […]
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Professor’s Comments July 26, 2019
Posted by OMS at Jul
I want to take some time this morning to explain the Model’s purchase of NUGT yesterday. I believe its one of the more interesting trades on the board. Here’s why: If you pull up a 30 min chart of NUGT, you will see that it touched just over 36 on 19 July. The pattern suggests […]
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Professor’s Comments Update 7/25/19
Posted by OMS at Jul
With gold pulling back today, the Model just bought 500 shares of NUGT, an aggressive 3X leveraged ETF for the miners. The purchase of NUGT could be early, as wave 2 might not be complete. However because the ETF has pulled back over 3 points from its recent highs, the Model is taking this opportunity […]
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