Monthly Archives: August 2019
Weekend Strategy Review August 25, 2019
Posted by OMS at Aug
The markets fell hard on Friday, after President Trump “ordered” US companies to find “an alternative to China” for doing business after the country slapped new tariffs on $75 billion of U.S. goods in retaliation for Trump’s latest tariff hikes. Those hikes would increase import duties on US-made autos and auto parts by 10 percent […]
Category: ', Professor's Comments, Weekend Strategy Review
Professor’s Comments August 23, 2019
Posted by OMS at Aug
The markets were mixed yesterday, with the Dow gaining 50 points while the NASDAQ and S&P lost money. Once again, volume was low. The Dow reached a high of 26,389 before pulling back, so it’s getting close to its projected top near 26,600. It still looks like the market will top sometime next week. The […]
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Members Watch List August 22, 2019
Posted by OMS at Aug
Ticker: Name: Rank: Price: ENTG ENTEGRIS INC 5 43.41 PLAB Photronics Inc 5 9.73 AU ANGLOGOLD LTD 4 21.69 NBIX NEUROCRINE BIOSCIENCES INC 4 98.35 SAM BOSTON BEER INC 4 439.60 TAN CALYMORE/MAC GLOBAL SOLAR EN 4 31.72 AAPL Apple Computers Inc 3 212.64 AMGN Amgen Inc 3 203.94 BIDU BAIDU COM INC 3 107.90 […]
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Dean’s List August 22, 2019
Posted by OMS at Aug
Ticker: Name: Rank: Price: TMF Direxion Daily 20+ Yr Trsy Bull 3X 5 31.99 AU ANGLOGOLD LTD 4 21.69 AAPL Apple Computers Inc 3 212.64 PGJ PowerShares Golden Dragon Halter US 3 36.61 CAF Morgan Stanley China A Share Fu 2 21.21 DUG PROSHARE TRUST ULTRASHORT OI 2 46.32 ITB iShares Dow Jones US Home […]
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Professor’s Comments August 22, 2019
Posted by OMS at Aug
The markets began their wave ‘c’ up rally within Wave 2 up yesterday, a rally that should take the Dow close to the 26,600 level. The Dow got as high as 26,268 before finishing at 26,203 with a gain of 240 points. The NASDAQ and SPX were up 72 and 24 points, respectively. Volume on […]
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Professor’s Comments August 21, 2019
Posted by OMS at Aug
Yesterday’s low volume decline appeared corrective, so it’s likely the alternate scenario I talked about in yesterday’s Comments is taking place. In this scenario, the Dow could rise to the 26,600 level before starting to fall after Labor Day. Because of this the Model will be placing a stop on its shares of DXD at […]
Category: ', Professor's Comments
Professor’s Comments Update 8/20/19
Posted by OMS at Aug
OK, so far the Dow dropped about 50 points after the open, then traded sideways for a bit before falling again. Now down 75 points. Again, we’re watching to see if the decline starts to become impulsive…five waves down. The trannies started down this morning and look more impulsive than the Dow. Still can’t pick […]
Category: ', Professor's Comments
Members Watch List August 20, 2019
Posted by OMS at Aug
Ticker: Name: Rank: Price: AMGN Amgen Inc 6 206.00 DUG PROSHARE TRUST ULTRASHORT OI 4 46.13 ENTG ENTEGRIS INC 4 42.79 PAAS PAN AMERN SILVER CORP 4 16.26 HSY Hershey Foods Corp 3 157.77 LRCX Lam Research Corp 3 208.05 NBIX NEUROCRINE BIOSCIENCES INC 3 98.72 NOC Northrop Corp 3 370.08 PLAB Photronics Inc 3 […]
Category: ', Members Watch List
Dean’s List August 20, 2019
Posted by OMS at Aug
Ticker: Name: Rank: Price: TMF Direxion Daily 20+ Yr Trsy Bull 3X 7 31.70 DUG PROSHARE TRUST ULTRASHORT OI 4 46.13 PAAS PAN AMERN SILVER CORP 4 16.26 EEV PROSHARES ULTRSHRT MSCI EMRN 3 47.55 GOLD RANDGOLD RES LTD 3 18.10 RGLD ROYAL GOLD INC 3 125.52 AAPL Apple Computers Inc 2 210.35 AU ANGLOGOLD […]
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Professor’s Comments August 20, 2019
Posted by OMS at Aug
The markets continued to rally yesterday on light volume. The Dow finished with a gain of 250 points, closing at 26,136. The NASDAQ and SPX were up 107 and 35 points, respectively. Volume on the NYSE was only 83 percent of its 10-day moving average. There were 187 new highs and 21 new lows. Germany’s […]
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