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Options Oracle: 07/25/14

We’ve traded Nextera Energy many times in the past with great success and it keeps drawing me back for more. The horizontal red lines highlight the many role reversal areas of support and this stock is giving us another chance to get in on the long side as we attempt to buy the January 2016 95 Calls. I […]

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Equity Oracle: 07/24/14

This is a weekly candle chart for Sprint Corp. (Ticker: S) and as you can see the stock has stopped right at a key role reversal line around 7.74. If you were to look at a daily chart of the stock you would see some green candles starting to show as the stock begins to form a pivot […]

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Equity Oracle: 07/17/14

NUGT tracks three times (300%) the performance of the NYSE Arca Gold Miners Index. As a leveraged investment in the gold mining companies, it’s important that we properly manage the risk on these shares while giving the price enough room to breath. We are using a $10 risk per share calculation, which is the widest margin of error we’ve […]

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Options Oracle: Expiration Week Alert 07/15/14

This Friday marks expiration day for the July 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), US Dollar Index Bullish (UUP), Home Depot (HD), Nextera Energy, Inc. (NEE), Solarcity Corp. (SCTY) and the S&P Volatility Index (VIX).

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Equity Oracle: 07/10/14

Profire Energy Inc. (PFIE) is a stock that trades in the Oil & Gas sector. With all of the news that’s coming out of Iraq, the Oil Sector has really been heating up. This added volatility gives us a chance to profit from a fairly cheap stock that shows a history of technical signals that have been reliable. Today, […]

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Options Oracle: 07/10/14

On May 2nd and alert went out to buy the January 2016 15 Calls in ABX for 4.25. The stock rallied exactly as we thought it would and now the stock has formed a Doji candle at a key resistance area. Originally I wanted to turn this into a Diagonal Calendar Spread but the drop in volume convinced […]

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Options Oracle: 07/03/14

The Volatility Index is an oscillating index that measures the volatility of the S&P 500 Index. As you can see from the chart, the price is right at the 20-year support level and there is a wide divergence between the 200-day moving average and the price of the VIX.

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Equity Oracle: 07/03/14

Last week, on June 26th, an alert went out to buy Conagra Foods, Inc. (CAG). This was a contingent buy alert, which meant that we had to wait for the green candle before getting into the position. On the very next day the stock formed a bullish engulfing pattern and we jumped in. The stock rallied nicely for a […]

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Options Oracle: 06/27/14

We had really good success when we traded this stock on the Equity side of our account. CGIX trades very much in line with the technical signals making this a comfortable strategy for us on the Option side. As you can see from the chart, we have a bullish engulfing pattern today after having a bullish engulfing pattern […]

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Equity Oracle: 06/26/14

This is a stock that came up during the Open House Q&A session last Monday. I’ve never traded this one but the technical signals look promising. Notice the very obvious gap that occurred when the company lowered its earning expectations. I love trading the gaps but you need to have patience in order to pick your spots.

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