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Equity Oracle: 09/17/14

Geron, Corp. (Ticker: GERN) has been a very reliable stock for us over the years and it follows the technical signals quite nicely. As you can see from the daily candle chart (above) the stock is showing a bullish engulfing pattern right at a role reversal support level.

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Options Oracle: Expiration Week Alert 09/15/14

This Friday marks expiration day for the September option chain. We are currently holding positions in the following companies; Gold ETF (GLD), Baidu, Inc. (BIDU), iShares Silver Trust (SLV), Amazon, Inc. (AMZN), The Traveler’s Companies, Inc. (TRV), Cancer Genetics, Inc. (CGIX), the S&P Volatility Index (VIX), Netflix (NFLX), Smith and Wesson Holdings (SWHC), Visa, Inc. (V) and McDonalds Corp (MCD).

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Equity Oracle: 09/11/14

The Bullish Engulfing Pattern is what first caught my eye but what really makes me feel good about this stock is that we’ve consistently made money with this one in the past. Bullish Engulfing Patterns are accurate around 80% of the time but what that also means is that they fail 20% of the time, which is why we […]

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Options Oracle: 09/11/14

At this point in time, while we are waiting for the market to correct, there are isolated buy signals that pop up from time to time. McDonalds Corp (MCD) is showing a hammer candle on the weekly chart that tells us buyers are still out there. This chart also gives us a clear level of support that will […]

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Options Oracle: 09/04/14

As you can see from the daily candle chart above, Visa is forming a very nice Head & Shoulders Top. The highest probability for profit begins when the stock breaks down below the neckline, however, we are jumping ahead of this point because it looks as though the stock is making a move to test the neckline below.

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Equity Oracle: 09/04/14

It is becoming more difficult to find new buy candidates as the market continues to move higher. We don’t want to overload our accounts with long positions because it just adds to the risk and a market correction/selloff would do more harm than good if we don’t do something to protect ourselves at this point.

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Equity Oracle: 08/28/14

Last week an alert went out to buy PFIE on a breakout from the Cup & Handle Pattern. As you can see from the daily candle chart (above) the stock rallied exactly like we thought it would, however, yesterday a bearish engulfing pattern showed up at a resistance point. 80% of the time a stock will drop after a […]

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Options Oracle: 08/28/14

Smith & Wesson (SWHC) has a strong track record with regard to filling the gaps. Negative news caused the stock to gap down yesterday and we are expecting the most recent gap to fill. However, we want to make sure that the stock is on its way back up before we buy the calls. If the stock looks […]

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Equity Oracle: 08/21/14

There are many different types of price patterns, but the Cup & Handle Pattern is one of the most reliable around. It’s a simple pattern that’s easy to recognize and many traders look for it as an opportunity to make a profit. The key to success is patience. In other words, you have to wait for the breakout to […]

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Options Oracle: 08/21/14

On August 7th an alert went out to buy the January 2016 70 Calls and we would up getting a better fill than expected ($8.50). We bought the calls as the stock was filling an open gap expecting that the stock would rally to fill the second gap to the upside. The stock did in fact rally but […]

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