This Friday marks expiration day for the March 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), Dollar General, Corp.(DG), Under Armour, Inc. (UA), Apple Inc. (AAPL), Huntsman Group (HUN), and The Traveler’s Companies, Inc. (TRV).
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Equity Oracle: 03/13/14
It’s been nine months since we traded UUP and we have been profitable trading it from the long side. So far this week, the Dollar Index is showing a hammer pattern as it bounces off of a well-established role reversal support level that was formed when the stock filled the gap back in October of 2011.
Equity Oracle: 03/07/14
It’s been nine months since we traded SLV and we have been profitable trading it from the long side. Today the stock has made a move to fill the gap and it’s only pennies away from doing just that. Now that the stock has pulled back to a role reversal support we are looking to buy into this […]
Equity Oracle: 02/28/14
It’s been a very long time since I’ve traded Verizon but there was a time when this was one of the hottest stocks on the board to trade. It is a stock that follows the technical signals very well and today we have another opportunity to get in on the long side.
Equity Oracle: 02/21/14
It was a little over a year since we last traded BAC and it was a profitable trade. Today the candle looks positive and we have a clear target price in view. On the other side, we also have a clear stop level that will allow us to limit our risk by using the 1% Rule. If you […]
Equity Oracle: 02/14/14
On January 3rd an alert went out to buy Corinthian Colleges (COCO) on a contingent buy signal. The signal never came through, in the form of a green candle, so we never got into the stock. However, it looks like there may be another opportunity to buy COCO as it bounces off of a 4-year support level.