Professor’s Comments February 3, 2014 Update
Posted by OMS at February 3rd, 2014
he VIX is EXTREMELY overbought this morning with a reading near 19.80.
In the past, when the VIX moves over 20, it’s usually a very good Buy Signal as it reverts back to its mean.
I’m also looking at two healthcare REITs this morning. The two are OHI and HCP. Both have yields near 6 percent.
I’ll talk more about them tomorrow, but I’m looking at the RETIS for a longer term purchase.
I’m now trading DUST.
TWID,
h
Not sure of the terminology we use? Check out these articles
The Hockey Stick Pattern
The Creation of Waves and Trends
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Category: Professor's Comments