Monthly Archives: January 2020
Professor’s Comments January 9, 2020
Posted by OMS at Jan
The Dow rose over 280 points early after Iran indicated that it had completed its retaliation to the U.S. killing of Qassem Soleimani. The rally continued into the afternoon after President Trump offered an olive branch to Iran but then fell about 140 points into the close when the sounds of Katyusha rockets were heard […]
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Professor’s Comments Update 1/8/2020
Posted by OMS at Jan
The Model just sold its shares of SCO, the inverse ETF for Crude Oil, at 11.61. The Model was stopped out of its shares of GDX at the 29.00 level. 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 […]
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Professor’s Comments January 8, 2020
Posted by OMS at Jan
Equity futures were down hard when I went to bed last night after Iran launched an attack on a U.S. base in Iraq. But during the night, the futures recovered and are now only down slightly. Yesterday’s 120 point decline in the Dow could have been the start of Wave 3 down. If this is […]
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Members Watch List January 7, 2020
Posted by OMS at Jan
Ticker: Name: Rank: Price: TSLA Tesla Motors 8 451.54 CROX CROCS INC 7 42.41 UCO Crude Oil ETF 2X 7 21.61 BIDU BAIDU COM INC 5 135.94 HP Helmerich & Payne Inc 5 47.15 AAPL Apple Computers Inc 4 299.80 CLR Continental Resources 4 36.02 DB DEUTSCHE BK A G 4 8.06 DVN Devon Energy […]
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Dean’s List January 7, 2020
Posted by OMS at Jan
Ticker: Name: Rank: Price: UCO Crude Oil ETF 2X 7 21.61 AAPL Apple Computers Inc 4 299.80 BRF Market Vectors Brazil Small Cap ETF 4 27.75 DIG PROSHARE ULTRA OIL & Gas 4 26.28 MRO USX Marathon Group 4 13.96 OIH OIL SVC HOLDRS TR 4 13.76 PBW PowerShares WilderHill Clean Energy 4 35.02 QLD […]
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Professor’s Comments January 7, 2020
Posted by OMS at Jan
The Dow fell over 200 points early yesterday and then staged a strong rally into the close. The Dow finished with a gain of 69 points, closing at 27,703. The Dow’s early decline tested the lower trend channel of 28,418 level before bouncing. The NASDQ and SPX were up 51 and 11 points, respectively. Volume […]
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Members Watch List January 5, 2020
Posted by OMS at Jan
Ticker: Name: Rank: Price: TSLA Tesla Motors 8 443.01 AU ANGLOGOLD LTD 6 22.65 PAAS PAN AMERN SILVER CORP 6 23.48 UCO Crude Oil ETF 2X 6 21.66 CROX CROCS INC 5 42.08 PLAB Photronics Inc 5 15.40 CDE COEUR D ALENE MINES CORP IDA 4 7.70 DB DEUTSCHE BK A G 4 8.12 AAPL […]
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Dean’s List January 5, 2020
Posted by OMS at Jan
Ticker: Name: Rank: Price: AU ANGLOGOLD LTD 6 22.65 PAAS PAN AMERN SILVER CORP 6 23.48 UCO Crude Oil ETF 2X 6 21.66 BRF Market Vectors Brazil Small Cap ETF 4 27.95 GDXJ Market Vectors Junior Gold Miners E 4 41.91 AAPL Apple Computers Inc 3 297.43 EWZ iShares MSCI Brazil 3 47.99 GDX MARKET […]
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Weekend Strategy Review January 5, 2020
Posted by OMS at Jan
The markets fell hard on Friday after the U.S. killed a top Iranian general. After an initial decline that dropped the Dow to the 28,500 level, the Dow stabilized to close 234 points lower at 26,634. The Dow was down 10 points for the week. The NASDAQ was down 71 points on Friday but up […]
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Professor’s Comments Update 1/3/20
Posted by OMS at Jan
Equity futures are down hard this morning after the U.S. attacked and killed a top Iran commander in response to their attack on the U.S. embassy in Iraq. If the futures stay down today, it will support the possibility that the top is in. Further evidence will be supported by a break of the 28,400 […]
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