Our long-term opinion for Netflix has been bullish and our expectation for the stock is that the gap will eventually fill to the upside. We already hold a long call position in this stock and the credit put spread that we are putting on today will help to pay down the cost basis. Support is right around the […]
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Equity Oracle: 06/28/2012
This has been the stock of the month for us and it looks like we are getting another buy signal for Hercules Offshore, Inc. (Ticker: HERO). Last week we sold out of our long position in order to take a quick profit. I also mentioned that we would have to wait for the gap to fill before getting […]
MARKET INSIGHT DATED 6/23/12
Would you like to know where the market will be going next week? If so, simply click on the video link above to watch a short video from The Market Guys:
Equity Oracle: 06/21/2012
HERO is a position we bought into after the alert went out last Friday (our entry price was $3.31). The original target price that I posted was $4.55 but we now see a small gap to the downside that could cause the stock to stall at the current price level. The idea is to sell out of our […]
MARKET INSIGHT DATED 6/16/12
The colleges around the world certainly don’t teach what we teach. Let us show you how to read the charts like a pro so you and your family can learn how to predict the markets with great accuracy
Equity Oracle: 06/15/2012
HERO is one that we have traded in the past with great success. It’s cheap enough for anyone to trade and liquid enough for us to be able to manage the risk. From the chart you can see the support and resistance lines, which will help us establish the entry and exit points for the stock, along with […]
MARKET INSIGHT DATED 6/9/12
Above is a link that will bring you to a short video that will help you become a better investor and/or trader:
Equity Oracle: 06/08/2012
IAU is a cheaper way to play the gold market and it trades about 1/10th the value of GLD. You can see from the chart above that we are bouncing nicely off of a well-established role reversal support line. The video I’ve produced for you also looks at the daily chart and shows the gap that has been […]