Monthly Archives: October 2019
Members Watch List October 17, 2019
Posted by OMS at Oct
Ticker: Name: Rank: Price: BBBY Bed Bath & Beyond 7 12.36 BCS Barclays PLC 7 8.35 CROX CROCS INC 5 31.67 MPC Marathon Petroleum 5 62.69 DB DEUTSCHE BK A G 3 7.84 DECK DECKERS OUTDOOR CORP 3 153.68 GBX Greenbriar Companies 3 30.15 LEN Lennar Corp 3 61.17 PHM Pulte Homes Inc 3 38.23 […]
Category: ', Members Watch List
Dean’s List October 17, 2019
Posted by OMS at Oct
Ticker: Name: Rank: Price: EUFN iShares European Financials 3 18.28 PALL ETFS Physical Palladium Shares 3 167.65 UPV ProShares Ultra FTSE Europe 3 48.16 DBA POWERSHARES DB AGRICULTURE F 2 15.95 EWG iShares MSCI Germany 2 27.84 ITB iShares Dow Jones US Home Construct 2 44.67 PKB PowerShares Building & Construction 2 33.05 TBT PROSHARES […]
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Professor’s Comments October 17, 2019
Posted by OMS at Oct
The markets fell slightly yesterday on moderate volume. The Dow finished with a loss of 23 points at 27,002. The NASDAQ and SPX were down 25 and 6 points, respectively. Volume on the NYSE was 102 percent of its 10-day moving average. There were 112 new highs and 35 new lows. There were NO CHANGES […]
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Professor’s Comments & Update 10/16/19
Posted by OMS at Oct
Once again, the market had an early rally followed by a late pullback…trading that is more indicative of a corrective wave than one that’s impulsive. Also, yesterday’s rally stayed below the 12 September high of 27,307, and if this high is not broken, it’s still possible that the recent rally is part of a corrective […]
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Professor’s Comments 2nd Update October 15, 2019
Posted by OMS at Oct
The Model’s purchase of TBT is based on the Hockey Stick Pattern depicted on the 30 min bars. The pattern shows a 2 point stick that can be added to the Blade low near 24.84. This puts the target near the 26.84 level. However because of the larger pattern, TBT could move another point or […]
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Members Watch List October 15, 2019
Posted by OMS at Oct
Ticker: Name: Rank: Price: BBBY Bed Bath & Beyond 8 12.30 CROX CROCS INC 6 31.18 BCS Barclays PLC 5 7.89 MPC Marathon Petroleum 5 63.14 TSLA Tesla Motors 4 256.96 AAPL Apple Computers Inc 3 235.87 BYD BOYD GAMING CORP 3 26.02 DDS Dillards Inc 3 70.30 LEN Lennar Corp 3 58.98 CAT Caterpillar […]
Category: ', Members Watch List
Dean’s List October 15, 2019
Posted by OMS at Oct
Ticker: Name: Rank: Price: AAPL Apple Computers Inc 3 235.87 CORN Teucrium Corn 2 15.38 CUT CLAYMORE/CLEAR GLOBAL TIMBER 2 26.32 EUFN iShares European Financials 2 17.79 PALL ETFS Physical Palladium Shares 2 161.61 TBT PROSHARES ULTRASHORT BARC 20 2 24.80 AU ANGLOGOLD LTD 1 20.24 CAF Morgan Stanley China A Share Fu 1 21.34 […]
Category: ', Dean's List
Professor’s Comments Update October 15, 2019
Posted by professor at Oct
The Model just bought 1,000 shares of TBT, the inverse 20 year Bond ETF. Price paid for the shares was 25.08.h Not sure of the terminology we use? Check out these articles The Hockey Stick PatternThe Creation of Waves and TrendsFAQ All of the commentary expressed in this site and any attachments are opinions of […]
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Professor’s Comments October 15, 2019
Posted by OMS at Oct
The markets fell slightly yesterday on light volume. The Dow finished with a loss of 29 points at 26,787. The NASDAQ and SPX were down 8 and 4 points, respectively. Volume on the NYSE was only 77 percent of its 10-day moving average. There were 74 new highs and 47 new lows. There were NO […]
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A few more weekend thoughts – Sun, Oct 13th, 2019
Posted by professor at Oct
In my WSR, I discussed how the technical picture changed when the Dow broke above the 28,600 level. But with all wave counts, it’s also possible that Friday’s rally could be a head fake, and the Dow will not rise to new highs in the weeks ahead. The reason I say this is because the […]
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