Monthly Archives: September 2021
Professor’s Comments September 23, 2021
Posted by OMS at Sep
I don’t have much to add to yesterday’s quick comments. Yesterday’s 339-point rally on the Dow still appears to be part of a retracement sub-wave 4. If sub-wave 4 extends and has five wave sub-waves, it could trade up to the 34,500 level before it completes. After that, sub-wave 5 down should begin to unfold, […]
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Members Watch List September 21, 2021
Posted by OMS at Sep
Ticker: Name: Rank: Price: UNG UNITED STATES NATURAL GAS FU 6 17.25 VXX S&P 500 VIX Short Term 6 29.74 CCJ CAMECO CORP 5 21.31 CLR Continental Resources 4 40.82 DXD ULTRASHORT DOW30 PROSHARES 3 9.51 ENTG ENTEGRIS INC 3 128.76 CROX CROCS INC 2 151.72 NFLX NETFLIX COM INC 2 575.43 QID ULTRASHORT QQQ […]
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Dean’s List September 21, 2021
Posted by OMS at Sep
Ticker: Name: Rank: Price: UNG UNITED STATES NATURAL GAS FU 6 17.25 VXX S&P 500 VIX Short Term 6 29.74 FXP PROSHARES ULTRASHORT FTSE/XI 5 40.32 URA Global X Uranium ETF 5 23.88 DXD ULTRASHORT DOW30 PROSHARES 3 9.51 EPV ProShares UltraShort Europe ETF 3 12.22 SDS ULTRASHORT S&P 500 PROSHARES 3 8.67 SKF PROSHARE […]
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Professor’s Comments September 21, 2021
Posted by OMS at Sep
Last weekend I discussed two scenarios for the Dow. The first suggested a small rally before falling; the second suggested a sharp, immediate decline to start Wave 3 down if the 34,600 level did not hold. I said, ‘You’ll know it when you see it.” I projected that the first stop would be down to […]
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Members Watch List September 19, 2021
Posted by OMS at Sep
Ticker: Name: Rank: Price: CCJ CAMECO CORP 7 22.46 UNG UNITED STATES NATURAL GAS FU 7 17.65 CLR Continental Resources 6 41.97 CVI CVR Energy 4 13.91 ENTG ENTEGRIS INC 4 132.05 WSM William Sonoma Inc 4 185.36 CNI CANADIAN NATL RY CO 3 118.31 CROX CROCS INC 3 155.18 DVN Devon Energy Corp 3 […]
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Dean’s List September 19, 2021
Posted by OMS at Sep
Ticker: Name: Rank: Price: URA Global X Uranium ETF 8 25.56 UNG UNITED STATES NATURAL GAS FU 7 17.65 UCO Crude Oil ETF 2X 5 77.60 PXE PowerShares Energy Exploration & Pr 4 17.32 XOP STREETTRACKS SER TR 4 87.95 USO UNITED STATES OIL FUND LP 3 50.32 DIG PROSHARE ULTRA OIL & Gas 2 […]
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Weekend Strategy Review September 19, 2021
Posted by OMS at Sep
In Thursday’s early Comments I discussed how the Dow would stage an a-b-c rally back to the 35,100 to complete retracement Wave 2 up. It appears that the rally into Thursday’s early high of 34,944 was wave ‘a’ of that rally. The two-wave pullback into yesterday’s low of 34,583 was wave ‘b’ of the move. […]
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Members Watch List September 16, 2021
Posted by OMS at Sep
Ticker: Name: Rank: Price: CCJ CAMECO CORP 10 24.73 UNG UNITED STATES NATURAL GAS FU 10 19.07 CLR Continental Resources 6 42.66 CVI CVR Energy 4 14.19 DVN Devon Energy Corp 4 30.33 ENTG ENTEGRIS INC 4 131.09 FSLR FIRST SOLAR INC 4 104.70 NBR NABORS INDUSTRIES INC 4 87.52 TGP Teekay LNG Partners LP […]
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Dean’s List September 16, 2021
Posted by OMS at Sep
Ticker: Name: Rank: Price: URA Global X Uranium ETF 11 28.68 UNG UNITED STATES NATURAL GAS FU 10 19.07 UCO Crude Oil ETF 2X 5 78.76 PXE PowerShares Energy Exploration & Pr 4 17.72 TMF Direxion Daily 20+ Yr Trsy Bull 3X 4 29.99 XOP STREETTRACKS SER TR 4 89.93 DIG PROSHARE ULTRA OIL & […]
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Professor’s Comments September 16, 2021
Posted by OMS at Sep
The indexes staged a strong retracement rally yesterday on decent volume. The Dow finished with a gain of 237 points, closing at 34,814. It got as high as 34,889. The NASDAQ and S&P were up 124 and 38 points, respectively. Volume on the NYSE was moderate, coming in at 108 percent of its 10-day moving […]
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