Monthly Archives: June 2020
Dean’s List June 11, 2020
Posted by OMS at Jun
Ticker: Name: Rank: Price: UCO Crude Oil ETF 2X 14 29.17 OIH OIL SVC HOLDRS TR 12 147.87 MRO USX Marathon Group 10 7.11 BRF Market Vectors Brazil Small Cap ETF 9 18.16 EWZ iShares MSCI Brazil 9 31.78 DIG PROSHARE ULTRA OIL & Gas 8 97.00 DDM PROSHARES – Ultra Dow 30 7 44.58 […]
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Professor’s Comments June 11, 2020
Posted by OMS at Jun
The markets pulled back moderately yesterday after Fed Chairman Powell said interest rates would likely be held at zero for the next three years. Bonds rallied on the news. The Dow finished with a loss of 282 points, closing at 26,990. The NASDAQ and SPX lost 67 and 17 points, respectively. Volume on the NYSE […]
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Professor’s Comments Before the Open 6/10/2020
Posted by OMS at Jun
The two things I’m watching today are the Dow and gold. Yesterday’s decline in the Dow was certainly NOT impulsive, so it’s likely the start of Wave 4 down within final Wave C up of Major Wave B up. If I’m correct about this, the Dow should trade down to a low near 27,000+/- before […]
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Members Watch List June 9, 2020
Posted by OMS at Jun
Ticker: Name: Rank: Price: NBR NABORS INDUSTRIES INC 70 84.16 CCL Carnival Corp 27 24.91 JBLU JETBLUE AWYS CORP 26 15.59 RCL ROYAL CARIBBEAN CRUISES LTD 24 75.12 CLR Continental Resources 23 21.58 UCO Crude Oil ETF 2X 20 28.23 HAL Halliburton Co 19 16.40 THO Thor Industries Inc 19 111.14 CLF Cleveland Cliffs Inc […]
Category: ', Members Watch List
Dean’s List June 9, 2020
Posted by OMS at Jun
Ticker: Name: Rank: Price: OIH OIL SVC HOLDRS TR 21 173.58 UCO Crude Oil ETF 2X 20 28.23 DIG PROSHARE ULTRA OIL & Gas 19 116.41 MRO USX Marathon Group 18 8.43 XOP SPDR S&P Oil & Gas Exp ETF 14 71.82 BRF Market Vectors Brazil Small Cap ETF 13 19.18 UWM ULTRA RUSSELL2000 PROSHARES […]
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Professor’s Comments June 9, 2020
Posted by OMS at Jun
The indexes rallied hard again yesterday on strong volume. The Dow finished with a gain of 461 points, closing at 27,572. The NASDAQ and SPX gained 111 and 38 points, respectively. Volume on the NYSE was come in at 134 percent of its 10-day average. This was off slightly from Friday’s volume which was 147 percent […]
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Members Watch List June 7, 2020
Posted by OMS at Jun
Ticker: Name: Rank: Price: NBR NABORS INDUSTRIES INC 49 65.62 UCO Crude Oil ETF 2X 24 29.77 RCL ROYAL CARIBBEAN CRUISES LTD 19 69.44 JBLU JETBLUE AWYS CORP 17 13.69 BBBY Bed Bath & Beyond 15 9.32 HP Helmerich & Payne Inc 15 26.84 CCL Carnival Corp 14 21.51 THO Thor Industries Inc 14 100.00 […]
Category: ', Members Watch List
Dean’s List June 7, 2020
Posted by OMS at Jun
Ticker: Name: Rank: Price: UCO Crude Oil ETF 2X 24 29.77 OIH OIL SVC HOLDRS TR 14 154.35 DIG PROSHARE ULTRA OIL & Gas 13 106.75 USO UNITED STATES OIL FUND LP 13 28.87 MRO USX Marathon Group 10 7.32 BRF Market Vectors Brazil Small Cap ETF 9 18.05 EWZ iShares MSCI Brazil 9 31.50 […]
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Weekend Strategy Review June 7, 2020
Posted by OMS at Jun
The markets catapulted higher on Friday after the BLS announced that 2.5 Million people went back to work. Hmmm? I wonder how much of this number was fudged. Remember, a good portion of the Jobs Report number is a guess…a made up number, so there’s no telling how much truth there is in a number […]
Category: ', Professor's Comments, Weekend Strategy Review
Professor’s Comments Updates 6/5/2020
Posted by OMS at Jun
10:00 update: BTW, In case you were wondering , the last Fibonacci retracement level is .786. This is considered a full retracement, which is a very unusual event for a Wave B. That’s the equivalent of 27,138 on the Dow. h 11:10 update: With the Dow approaching 27,138, the Model is buying a trial position […]
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