Monthly Archives: December 2021
Professor’s Comments December 9, 2021
Posted by OMS at Dec
The indexes rose modestly yesterday on low volume. The Dow finished with a gain of 35 points, closing at 35,754 after reaching a high of 35,840. The NASDAQ and S&P were up 100 and 14 points, respectively. Volume on the NYSE came in at 84 percent of its 10-day moving average. There were 82 new […]
Category: ', Professor's Comments
Professor’s Comments – Before the Open 12/8/2021
Posted by OMS at Dec
Yesterday’s rally and late sideways pullback appeared to be waves 3 and 4 of wave ‘c’ up. If this is the case, we should get a wave 5 rally today to complete wave c of Wave 2 up. The rally should complete somewhere between yesterday’s high of 35,819 and 36,000. Yesterday’s volume was extremely light. […]
Category: ', Professor's Comments
Members Watch List December 7, 2021
Posted by OMS at Dec
Ticker: Name: Rank: Price: BIS ProShares UltraShort Biotech 8 22.34 HPQ Hewlett Packard Co 5 36.93 MP MP Materials 5 41.74 VALE Vale SA 5 13.39 LEN Lennar Corp 4 114.79 LRCX Lam Research Corp 4 667.56 MU Micron Technology 4 82.45 PHM Pulte Homes Inc 4 53.97 STX SEAGATE TECHNOLOGY 4 103.59 VRTX Vertex […]
Category: ', Members Watch List
Dean’s List December 7, 2021
Posted by OMS at Dec
Ticker: Name: Rank: Price: ITB iShares Dow Jones US Home Construct 4 80.89 VXX S&P 500 VIX Short Term 4 25.78 AAPL Apple Computers Inc 3 165.32 TMF Direxion Daily 20+ Yr Trsy Bull 3X 3 30.66 AU ANGLOGOLD LTD 2 20.92 CVX Chevron Texaco Corp 2 116.20 EWT iShares MSCI Taiwan 2 66.21 EWY […]
Category: ', Dean's List
Professor’s Comments December 7, 2021
Posted by OMS at Dec
The markets rose sharply yesterday with the Dow having a stellar day, closing 646 points higher at 35,227. The NASDAQ and S&P were up 140 and 53 points, respectively. Volume on the NYSE was moderate, coming in at 101 percent of its 10-day moving average. There were 53 new highs and 137 new lows. In […]
Category: ', Professor's Comments
Members Watch List December 5, 2021
Posted by OMS at Dec
Ticker: Name: Rank: Price: VXX S&P 500 VIX Short Term 12 27.96 HPQ Hewlett Packard Co 7 37.55 MP MP Materials 6 41.48 BGSF BG Staffing 5 14.11 PFE Pfizer Inc 5 54.27 XLNX Xilinx Inc 5 217.06 BBBY Bed Bath & Beyond 4 17.86 BIS ProShares UltraShort Biotech 4 21.63 LRCX Lam Research Corp […]
Category: ', Members Watch List
Dean’s List December 5, 2021
Posted by OMS at Dec
Ticker: Name: Rank: Price: VXX S&P 500 VIX Short Term 12 27.96 SCO PROSHARES 2X SHORT Crude Oil 10 16.49 TMF Direxion Daily 20+ Yr Trsy Bull 3X 8 31.99 TWM ULTRASHORT RUSSELL2000 PROSH 5 14.18 FXP PROSHARES ULTRASHORT FTSE/XI 4 40.11 AU ANGLOGOLD LTD 3 20.94 EPV ProShares UltraShort Europe ETF 3 12.42 SKF […]
Category: ', Dean's List
Weekend Strategy Review December 5, 2021
Posted by OMS at Dec
The markets fell sharply on Friday, before recovering a good part of the loss into the close. The Dow was down over 350 points intraday before closing down 59 points at 34,580. The big cap index was down 319 points for the week. Technology stocks on the NASDAQ were down 295 points on Friday and […]
Category: ', Professor's Comments, Weekend Strategy Review
Professor’s Comments – Before the Open 12/3/2021
Posted by OMS at Dec
The indexes rose sharply yesterday on heavy volume. Most of the buying came from short covering. One of the more interesting things about the rally was that the number of new highs (17) was only half of Wednesday’s new highs. That’s pretty strange on a day when the Dow gained 617 points. Anyhow, stocks appear […]
Category: ', Professor's Comments
Members Watch List December 2, 2021
Posted by OMS at Dec
Ticker: Name: Rank: Price: VXX S&P 500 VIX Short Term 14 27.30 HPQ Hewlett Packard Co 7 36.46 LRCX Lam Research Corp 5 693.53 PFE Pfizer Inc 5 54.68 VRTX Vertex Pharm Inc 5 205.00 DXD ULTRASHORT DOW30 PROSHARES 4 9.31 F Ford Mtr Co 4 19.58 MP MP Materials 4 42.79 MU Micron Technology […]
Category: ', Members Watch List