Archive by Author

Open House Webinar: 01/23/12

In this week’s webinar, AJ tackles member picks from Autodesk (ADSK) and Gilead Sciences (GILD) to Visa (V) and iShares Silver Trust (SLV). Watch this month’s video »

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Equity Oracle: 01/20/2012

Our latest trade candidate is looking bullish, not only on the daily charts but on the weekly charts as well. Take a look at the chart above and you will see a bullish engulfing pattern as the stock bounces off of a key support around the $38 level. One of my favorite strategies is to trade the gaps. […]

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Options Oracle: Expiration Week Alert 01/19/12

This Friday marks expiration day for the December option chain. We are currently holding positions in the following companies; Baidu, Inc. (BIDU), SPDR Gold Trust (GLD), Netflix, Inc. (NFLX), Microsoft Corp. (MSFT), International Business Machines (IBM), McDonald’s Corp. (MCD), Nike Inc. (NKE) and the condor spread we legged into for the Diamond Trust Series (DIA). See this week’s video »

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Equity Oracle: 01/13/2012

As you can see from the weekly candle chart above, this week’s candle pattern shows a hammer pattern as it bounces off of support. The confirmation signal is the increase in volume. If you look at the previous volume spikes you will see that most high volume weeks took place near key pivot points to the upside. This helps […]

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Options Oracle: 01/13/2012

This week, we look at Potash Corp. (POT). Last month the stock bounced nicely off of a well developed role reversal support level around the 38.50 level and I’m seeing not one, but two, weekly bullish engulfing patterns. My target price is the role reversal resistance line up at the $51 price range. Buying these leap calls should put us […]

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Options Oracle: 01/06/2012

This is the first new position of 2012 and my goal is to make the first trade of the year a profitable one. Many times you will hear people say, “as January goes, so goes the year”. This is something that many traders believe so we will need to keep an eye on the market to see how […]

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Equity Oracle: 01/06/2012

Our last three trade alerts in ABX, SLV and MSFT have resulted in profits to the upside but I think it’s time to take our profits in Microsoft. As you can see from the candle chart above the stock gapped up three days ago and went vertical, bringing us right to the price target I outlined for you […]

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Equity Oracle: 12/30/2011

This week, we take a look at the iShares Silver Trust (SLV). With SLV down by more than 44% from it’s yearly high, I think it’s time we took another position in this precious metal ETF. To me it feels as though the institutions are pushing it down in order to buy it and there are too […]

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Options Oracle: 12/30/2011

I am happy to say that we had a profitable trading year in 2011 but the best is yet to come in 2012. I expect to to see a lot of ecomonic news next year, which will only add to the volatility in the Market. On top of that, there is no telling how the markets will react […]

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Options Oracle: 12/23/2011

We will have one more alert before the end of this year, and it looks like the numbers will look good for 2011. The market has had its “ups and downs” (literally), but we will certainly close this year with strong returns. I can’t help but be optimistic about 2012 as we await the January […]

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