Posted on October 20, 2011
by AJ Monte
in Equity Oracles
Last week the call was to sell out of our Boise position in order to take the small profit we had. That turned out to be a good decision and as you can see from the most current chart of the stock, we picked the perfect time to exit the position. This week, I have […]
Posted on October 19, 2011
by AJ Monte
in Options Oracles
If you have been following along with my Weekly Market Reports then you will have noticed just how well the markets have been following the technical signals. We have been trading within a well-defined price channel that has allowed us the opportunity to collect option premium from the options we’ve sold against existing positions and this week […]
Posted on October 14, 2011
by AJ Monte
in Equity Oracles
This market has become very predictable, and from what I can see, it looks as though the bears are coming out of the woods. This is another reason why we are taking our profits on Boise. I have not found any positive signs today in the market, so I’m waving my caution flag with the […]
Posted on October 14, 2011
by AJ Monte
in Options Oracles
Silver is looking good again! If you already own the Jan 2013 25 Calls in SLV then you would add to your position at this point to “double up” on the long side of the trade. If you did not buy these leaps when the alert went out on September 23rd, that’s okay. Just make this […]
Posted on October 14, 2011
by AJ Monte
in Training Videos
In this 7 minute video, AJ explains the fundamentals of the 1% Rule, one of The Market Guys’ Five Points for Trading Success.
Posted on October 7, 2011
by AJ Monte
in Options Oracles
Netflix (NFLX) bounced perfectly off of the support area that we identified last week. We were able to see the October110 Puts for a respectable price and the stock rallied from that point giving us an unrealized profit in just one week. If you have not joined us on this trade, then it’s not too late.
Posted on October 7, 2011
by AJ Monte
in Equity Oracles
The market has been fairly predictable lately, as it’s been trading nicely within the defined trading channel. We have been able to use the gaps for short-term price targets and support has been holding well. Watch this week’s video »
Posted on September 30, 2011
by AJ Monte
in Options Oracles
Netflix has seen a significant price drop over the last couple of weeks, but it’s looking as though the sellers are starting to slow down a bit. Our goal is to sell cash secured puts that are slightly out of the money, in an attempt to collect enough cash to pay for last week’s position […]
Posted on September 30, 2011
by AJ Monte
in Equity Oracles
Gap trading is one of the more reliable strategies for this type of market, and with the volatility we have been seeing lately, this next trade candidate (Boise, Inc.) is giving us the perfect set up. Boise (BZ) gapped down on Wednesday, and the price is right at a key support level. The spinning top […]
Posted on September 26, 2011
by AJ Monte
in Options Oracles
For weeks now, I’ve been waiting for the pullback in Silver and Gold, and it looks like our time has come. The sell-off in the precious metals markets was a correction that was very much needed, and I think we will most likely see a short covering rally over the next few trading days. This, […]