Monthly Archives: April 2022
Professor’s Comments – A Class about Nothing 4/29/2022
Posted by OMS at Apr
The market rose sharply yesterday with the Dow approaching the target levels I mentioned in Wednesday’s early Comments. A good portion of the rally was driven by short covering. Volume was strong, but breadth was weak, as the number of new lows stayed extremely high, over 500. The wave ‘c’ rally also followed the Principle […]
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Members Watch List April 28, 2022
Posted by OMS at Apr
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 11 27.76 UNG UNITED STATES NATURAL GAS FU 8 25.19 QID ULTRASHORT QQQ PROSHARES 7 22.38 EQT Equitable Resources Inc 6 39.57 BIS ProShares UltraShort Biotech 5 27.50 VXX S&P 500 VIX Short Term 4 27.20 CORN Teucrium Corn 3 30.05 IBM International Business Machines 3 […]
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Dean’s List April 28, 2022
Posted by OMS at Apr
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 11 27.76 UNG UNITED STATES NATURAL GAS FU 8 25.19 QID ULTRASHORT QQQ PROSHARES 7 22.38 FXP PROSHARES ULTRASHORT FTSE/XI 6 46.12 TWM ULTRASHORT RUSSELL2000 PROSH 6 17.03 EEV PROSHARES ULTRSHRT MSCI EMRN 5 22.03 SDS ULTRASHORT S&P 500 PROSHARES 5 43.53 EWV ProShares UltraShort MSCI […]
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Professor’s Comments April 28, 2022
Posted by OMS at Apr
Yesterday had a completely different feel to it as the market was correcting. I mention this because sometimes, you know right from the get-go that something is different about the way the market is behaving. You need to pay attention to the early signs. Instead of feeling like you’re in a falling elevator, as was […]
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Professor’s Comments – Yesterday’s Action 4/27/2022
Posted by OMS at Apr
Yesterday was another Big Day for scalp traders. Over $2,500 profit on SQQQ and TZA alone. From a technical perspective, it appears that yesterday’s decline was wave ‘b’ down of an a-b-c move for retracement wave 2 up of Wave 3 down. If I’m correct about the pattern, the Dow could retrace a good portion […]
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Members Watch List April 26, 2022
Posted by OMS at Apr
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 9 25.22 UNG UNITED STATES NATURAL GAS FU 7 24.22 EQT Equitable Resources Inc 6 39.70 QID ULTRASHORT QQQ PROSHARES 5 20.74 BIS ProShares UltraShort Biotech 4 25.58 IBM International Business Machines 3 139.10 TBT PROSHARES ULTRASHORT BARC 20 3 24.15 BURL Burlington Stores 2 209.25 […]
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Dean’s List April 26, 2022
Posted by OMS at Apr
Ticker: Name: Rank: Price: SSG PROSHARE TRUST ULTRASHORT SE 9 25.22 FXP PROSHARES ULTRASHORT FTSE/XI 8 47.12 UNG UNITED STATES NATURAL GAS FU 7 24.22 EEV PROSHARES ULTRSHRT MSCI EMRN 5 21.63 QID ULTRASHORT QQQ PROSHARES 5 20.74 DUG PROSHARE TRUST ULTRASHORT OI 4 23.98 EWV ProShares UltraShort MSCI Japan 4 17.23 TWM ULTRASHORT RUSSELL2000 […]
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Professor’s Comments April 26, 2022
Posted by OMS at Apr
Yesterday’s early decline to 1909 on the Russell 2K completed five waves down from last Thursday’s high. It appeared to be wave 1 of Wave 3 down. The choppy rally that started at the 10.:20 mark appeared to be the start of retracement wave 2 up. If this wave did not complete with yesterday’s rally […]
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Members Watch List April 24, 2022
Posted by OMS at Apr
Ticker: Name: Rank: Price: EQT Equitable Resources Inc 9 39.74 UNG UNITED STATES NATURAL GAS FU 6 22.70 IBM International Business Machines 4 138.25 SSG PROSHARE TRUST ULTRASHORT SE 4 26.15 TBT PROSHARES ULTRASHORT BARC 20 4 24.64 ANDE ANDERSONS INC 3 52.61 BIS ProShares UltraShort Biotech 3 26.30 CORN Teucrium Corn 3 28.94 CVI […]
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Dean’s List April 24, 2022
Posted by OMS at Apr
Ticker: Name: Rank: Price: UNG UNITED STATES NATURAL GAS FU 6 22.70 FXP PROSHARES ULTRASHORT FTSE/XI 5 46.19 EEV PROSHARES ULTRSHRT MSCI EMRN 4 21.31 EWV ProShares UltraShort MSCI Japan 4 17.48 SSG PROSHARE TRUST ULTRASHORT SE 4 26.15 TBT PROSHARES ULTRASHORT BARC 20 4 24.64 YCS ProShares UltraShort Yen 4 103.26 CORN Teucrium Corn […]
Category: ', Dean's List