Monthly Archives: October 2019
Weekend Strategy Review October 14, 2019
Posted by professor at Oct
The markets rallied hard on Friday on news that trade talks with China were going favorably. The Dow finished with a gain of 320 points at 26,817. It was up 243 points for the week. The NASDAQ rose 106 points on Friday and was up 75 points for the week. The rally caused major changes […]
Category: ', Professor's Comments, Weekend Strategy Review
Professor’s Comments Update
Posted by professor at Oct
With the Dow moving above the 26,800 level, the odds have changed that the rally will continue and make new highs. Because of this, the Model is exiting its positions in inverse index ETFs. I’ll have more on the new wave count this weekend.h Not sure of the terminology we use? Check out these articles […]
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Members Watch List October 10, 2019
Posted by professor at Oct
Ticker: Name: Rank: Price: CROX CROCS INC 7 30.50 AU ANGLOGOLD LTD 3 21.29 BIS ProShares UltraShort Biotech 3 20.72 DDS Dillards Inc 3 69.53 DUG PROSHARE TRUST ULTRASHORT OI 3 47.56 LEN Lennar Corp 3 59.02 MPC Marathon Petroleum 3 60.56 RGR Sturm Ruger 3 44.33 AAPL Apple Computers Inc 2 227.03 ACHC Acadia […]
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Dean’s List October 10, 2019
Posted by professor at Oct
Ticker: Name: Rank: Price: AU ANGLOGOLD LTD 3 21.29 DUG PROSHARE TRUST ULTRASHORT OI 3 47.56 SCO PROSHARES ULTRASHORT DJ-AIG 3 17.28 AAPL Apple Computers Inc 2 227.03 PALL ETFS Physical Palladium Shares 2 158.67 SKF PROSHARE TRUST ULTRASHORT FI 2 16.70 TMF Direxion Daily 20+ Yr Trsy Bull 3X 2 31.57 TWM ULTRASHORT RUSSELL2000 […]
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Members Watch List October 9, 2019
Posted by professor at Oct
Date of Data : 10-08-2019 -:- 20 : 01 : 53 Ticker: Name: Rank: Price: CROX CROCS INC 8 30.33 DDS Dillards Inc 5 67.42 LEN Lennar Corp 4 59.14 DUG PROSHARE TRUST ULTRASHORT OI 3 48.60 MPC Marathon Petroleum 3 59.82 AAPL Apple Computers Inc 2 224.40 ACHC Acadia Healthcare 2 29.17 AU […]
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Dean’s List October 8, 2019
Posted by professor at Oct
Ticker: Name: Rank: Price: AAPL Apple Computers Inc 2 227.06 CORN Teucrium Corn 1 15.15 DBA POWERSHARES DB AGRICULTURE F 1 15.63 DUG PROSHARE TRUST ULTRASHORT OI 1 46.87 EPV ProShares UltraShort Europe ETF 1 32.55 EWJ iShares MSCI Japan 1 56.36 EWT iShares MSCI Taiwan 1 36.75 EWW iShares MSCI Mexico 1 43.00 EWY […]
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Professor’s Comments October 8, 2019
Posted by professor at Oct
The markets fell early, then rose and finally finished lower on Monday. The down-up-down trading action formed a ‘star’ candlestick pattern which is usually a sign that the recent wave 4 rally is reversing. If this is the case, minor wave 5 down of Wave 1 down is about to begin. Wave 5 down on […]
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Weekend Strategy Review
Posted by professor at Oct
The markets rallied on Friday in what appeared to be wave 4 up of Wave 1 down within Major Wave ‘D” down. Once complete, the markets should resume their downward path.The Dow finished with a gain of 373 points at 26,574. It was down 247 points for the week. The NASDAQ rose 110 points on […]
Category: ', Professor's Comments
Professor’s Comments Update
Posted by professor at Oct
The Model just re-bought the 600 shares of SQQQ it sold yesterday at 35.40.. Purchase price was 34.60.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 the author, subject […]
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Professor’s Comments October 2, 2019
Posted by OMS at Oct
Tuesday’s decline was triggered by news that U.S. Factory activity fell for the second month in a row and registered the worst ISM Manufacturing Index reading in over 10 years. September’s reading of 47.8 finally told the world the U.S. manufacturing sector is in contraction. Our indicators have been telling us this for weeks. Yesterday’s […]
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