We have had great success with NFLX in the past and it looks as though we have been given another chance to do the same. As you can see from the daily chart of Netflix, the price action for today’s stock is showing a lower high and lower low as compared to yesterday’s price action. This tells us […]
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Equity Oracle: 07/31/14
This is an index that allows us to capture a profit from a falling dollar. As you can see from the daily chart of UDN, the price does not like to move far away from the 200-day moving average. In fact, the divergence in price is quite consistent over time, resulting in the price snapping back to the […]
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 […]
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 […]
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, […]
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 […]