Monthly Archives: August 2019
Professor’s Comments Update 8/19/19
Posted by OMS at Aug
The Model just re-purchased the half position (325 shares) of UGL it sold last week. Purchase price was 48.68 per share. The Model now holds 650 shares of UGL in addition to its 1,200 shares of DXD. One hour video recorded from May 28, 2016 The Professor’s Signs of a Major Market Turn – Prospectives […]
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Members Watch List August 18, 2019
Posted by OMS at Aug
Ticker: Name: Rank: Price: DUG PROSHARE TRUST ULTRASHORT OI 7 48.31 VXX S&P 500 VIX Short Term 6 28.03 AMGN Amgen Inc 5 204.02 AU ANGLOGOLD LTD 5 21.04 PAAS PAN AMERN SILVER CORP 5 16.50 TLT iShares Lehman 20+ Year Treasury 4 146.13 DXD ULTRASHORT DOW30 PROSHARES 3 27.86 ENTG ENTEGRIS INC 3 42.26 […]
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Dean’s List August 18, 2019
Posted by OMS at Aug
Ticker: Name: Rank: Price: TMF Direxion Daily 20+ Yr Trsy Bull 3X 11 33.08 DUG PROSHARE TRUST ULTRASHORT OI 7 48.31 VXX S&P 500 VIX Short Term 6 28.03 AU ANGLOGOLD LTD 5 21.04 DRR Market Vectors Double Short Euro ET 5 64.30 PAAS PAN AMERN SILVER CORP 5 16.50 EEV PROSHARES ULTRSHRT MSCI EMRN […]
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Weekend Strategy Review August 18, 2019
Posted by OMS at Aug
The markets continued to rally from oversold conditions on Friday. The Dow closed 307 points higher at 25,886 after reaching a high of 25,930. The Dow was down 401 points for the week. My estimate for the corrective wave 2 high was above the 25,800+ level, so Friday’s action appeared right on track. The NASDAQ […]
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Professor’s Comments Update 8/16/19
Posted by OMS at Aug
As mentioned in my earlier Comments, when the market popped this morning, the Model added a few more shares to its position in DXD. So now the Model owns 1,200 shares of DXD with an average cost of about 28.39 which is slightly below current prices. The trannies also got the expected pop this morning, […]
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Professor’s Comments Update 8/15/19
Posted by OMS at Aug
OK, with the Dow up about 125 points, the Model will start looking to buy back the DXDs it sold at yesterday’s close. BTW, IYT approached the 175 level earlier this morning getting as low as 175.44. The transportation ETF should bounce from this level before re-testing 175. Right now in my personal portfolio I’m […]
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Members Watch List August 15, 2019
Posted by OMS at Aug
Ticker: Name: Rank: Price: VXX S&P 500 VIX Short Term 9 30.47 DUG PROSHARE TRUST ULTRASHORT OI 7 49.26 PAAS PAN AMERN SILVER CORP 5 16.76 AMGN Amgen Inc 4 198.87 CROX CROCS INC 3 23.96 DXD ULTRASHORT DOW30 PROSHARES 3 28.80 ENTG ENTEGRIS INC 3 41.22 QID ULTRASHORT QQQ PROSHARES 3 32.51 RGLD ROYAL […]
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Dean’s List August 15, 2019
Posted by OMS at Aug
Ticker: Name: Rank: Price: TMF Direxion Daily 20+ Yr Trsy Bull 3X 10 32.82 VXX S&P 500 VIX Short Term 9 30.47 DUG PROSHARE TRUST ULTRASHORT OI 7 49.26 FXP PROSHARES ULTRASHORT FTSE/XI 7 76.77 EEV PROSHARES ULTRSHRT MSCI EMRN 6 49.98 EPV ProShares UltraShort Europe ETF 5 35.21 PAAS PAN AMERN SILVER CORP 5 […]
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Professor’s Comments August 15, 2019
Posted by OMS at Aug
The equity markets fell hard again yesterday as weakness in Germany and China put pressure on the U.S. markets. Germany reported that its GDP contracted for the second straight quarter, which is the usually interpreted as the start of a recession. China reported that its industrial production was at its lowest level in 17 years. […]
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Professor’s Comments Update #2 8/13/19
Posted by OMS at Aug
The Model just re-purchased its ‘trial’ position in DXD at 27.10. But this time it bought 800 shares, instead of the 600 it previously sold. As the market move up, the Model intends to become more aggressive with its inverse positions. h Lots going on today…. One hour video recorded from May 28, 2016 The […]
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