Archive by Author

Options Oracle: 03/08/13

There is a lot of news out that talks about a possible 90% correction in the market. I posted one such article on The Market Guys Facebook page. If you read that article you will understand why some of the worlds richest investors are moving out of their stock positions, particular the bank and brokerage stocks. The technical charts […]

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Equity Oracle: 03/08/13

You can see from the most recent candle chart of OIL that the buyers have moved the price off of the support level. The other sign of buying action is found in the length of the shadows beneath the most recent candles. The shadows are the vertical lines that protrude from the top and bottom of each candle. When […]

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Options Oracle: 03/01/13

This is a fairly basic option strategy that allows us to collect a cash premium from the market by obligating ourselves to buy stock at a lower price than where it’s currently trading. The most important thing to watch out for is to make sure that support does not break down on OIH. As you can see from […]

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Equity Oracle: 03/01/13

Rarely do I buy stocks this cheap, but this one is looking way too oversold for me to ignore it. There are a few things that are grabbing my attention with the first being the divergence between the price and the moving average. This stock tends to move back to the moving average after such wide divergences, which is […]

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Equity Oracle: 02/21/13

It is a rare opportunity to be able to take advantage of an exhaustion gap. An exhaustion gap is one that shows up as the third gap in a line of technical price gaps. You can see from the chart above that not only are we showing a gapping pattern but we are also bouncing off of […]

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Options Oracle: 02/21/13

This is one of the rare times you will see an exhaustion gap on the technical charts. Gaps are a big part of our trading strategy and the exhaustion gap is the third gap in a series of gaps that tell us the move is beginning to slow down. You can also see that we’ve bounced off of […]

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Open House Webinar: 02/18/13

AJ goes over this month’s stock picks.

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Equity Oracle: 02/15/13

I am finding a lot more success in our contingent order alerts. A contingent order is one that puts us in a position where we have to wait for the buy signal before we actually place the order to our accounts. This helps eliminate a lot of the risk because we are waiting for the buyers to take control […]

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Options Oracle: Expiration Week Alert 02/12/13

This Friday marks expiration day for the November option chain. We are currently holding positions in the following companies; iShares Silver Trust (SLV), AMEX SPDR Energy Select Index (XLE), Amazon (AMZN), Netflix (NFLX), Biogen, Inc. (BIIB), Baidu, Inc. (BIDU), Oil Holders (OIH), iShares S&P Small Cap (IJR), Apple, Inc. (AAPL) and in The Volatility Index (VIX).

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Equity Oracle: 02/07/13

Last week I put an alert out to buy PPH on the breakout but we never got a close above $43 so it’s best to abandon that trade and put our money into something that has better odds of a rally. As you can see from the chart, above, Barrick Gold has recently formed back-to-back engulfing patterns. This, along […]

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