Archive by Author

Equity Oracle: 05/16/14

We have done very well lately trading the cheaper stocks and EGLE looks like it’s going to be another good one for us. Today the stock closed with a solid green candle on higher volume. The higher volume suggests that the buyers are building momentum that could lead to a breakout of the near term resistance level.

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Options Oracle: Expiration Week Alert 05/13/14

This Friday marks expiration day for the April option chain. We are currently holding positions in the following companies; Gold ETF (GLD), Baidu, Inc. (BIDU), iShares Silver Trust (SLV). Netflix, Inc. (NFLX), Amazon, Inc. (AMZN), The Traveler’s Companies, Inc. (TRV), US Dollar Index Bullish (UUP), Apple, Inc. (AAPL), Barrick Gold Corp. (ABX) and Abbott Labs. (ABT).

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Equity Oracle: 05/09/14

We have been very successful trading COCO on the bounces. This week the stock took a dive and left a gap in the process. This gap has not become our target point around 1.20. Today the stock looks like it is going to close with a bullish engulfing pattern. If the candle is still green by the time […]

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Options Oracle: 05/09/14

It’s been a long while since I’ve traded Abbott Labs but I never took it off my watch list. As I was searching for our next candidate I noticed that there was an increase in volume just as the stock was touching the resistance line. This suggests that the buyers might be making an attempt to rally the […]

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Equity Oracle: 05/02/14

Barrick Gold is bouncing nicely off of a well-established trendline. On top of this bullish signal, the news is looking positive for the gold market. Geopolitical tensions in the Ukraine are leading investors to the traditional “safe haven” investments with Gold being the main area of interest. I’ve put out an alert for our Option traders as well to […]

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Options Oracle: 05/02/14

News from Forbes today stated that the Ukraine and the U.S. economy are likely to remain on center stage for the gold market next week, as traders watch to see whether geopolitical tensions lead to more safe-haven demand for the precious metal and as participants continue to gauge how U.S. data is likely to influence Federal Reserve policy-making.

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Options Oracle: 04/24/14

As you can see from the chart of AAPL the stock has gapped up right to an established resistance line around 573. The front month premium is loaded with volatility and this puts us in a good position to collect cash from this bearish credit call spread. My expectations are that the stock will make a move to […]

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Equity Oracle: 04/24/14

Cirrus Logic, Inc. looks like it is making a move to break out over the near term resistance line. The volume suggests that the buyers are ramping up momentum and our goal is to buy the stock and hold it until the gap target(s) fill. Please be sure to review the notes I’ve provided for you below and watch […]

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Equity Oracle: 04/18/14

Office Depot closed with a bullish engulfing pattern on an established support level. There is also a gap above the market that is expected to fill. The strategy is simple, buy the stock, set your stop 50 cents below your buy price and trail your stop up as the stock makes a move to higher levels. I like the […]

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Options Oracle: Expiration Week Alert 04/15/14

This Friday marks expiration day for the April option chain. We are currently holding positions in the following companies; Gold ETF (GLD), Diamonds Trust (DIA). Baidu, Inc. (BIDU), iShares Silver Trust (SLV). Netflix, Inc. (NFLX), Amazon, Inc. (AMZN), AT&T (T), The Traveler’s Companies, Inc. (TRV), Coca Cola Company (KO) and US Dollar Index Bullish (UUP).

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