Archive by Author

Options Oracle: 10/11/13

Posted on October 11, 2013 by in Options Oracles

We already have a credit call spread in our position for AAPL but the Bullish Engulfing pattern that showed up today got my attention. Last week we sold the 500/510 call spread in October which means we want the stock to stay below 500 by next Friday. The engulfing pattern is threatening that position so […]

Leave a comment • Continue Reading →

Options Oracle: 10/04/13

Posted on October 4, 2013 by in Options Oracles

This is a “Bear Credit Call Spread” and as the name implies, this is a bearish strategy that allows us to take cash to our account when we sell the spread. The max profit for this particular trade is $1.70, which is the difference between the option we are selling less the cost of the […]

Leave a comment • Continue Reading →

Equity Oracle: 10/04/13

Posted on October 4, 2013 by in Equity Oracles

As I mentioned in the video, the institutions are buying this stock and it has a beta of 2.70. Stocks that have a beta of 1.0 are as volatile as the S&P. Stocks that have a beta of .50 are half a volatile as the S&P. This stock is 2 ½ times more volatile than […]

Leave a comment • Continue Reading →

Equity Oracle: 09/25/13

Posted on September 25, 2013 by in Equity Oracles

The technical signals on this stock look positive but it’s important for you to remember that you need to manage risk on the cheap stocks too. This company is participating in a $600 billion market and it wouldn’t take much for them to stay successful as demand for lithium batteries increase over time.

Leave a comment • Continue Reading →

Options Oracle: 09/25/13

Posted on September 25, 2013 by in Options Oracles

When I look at the price of NFLX I can’t help but laugh. I’ve been trading stocks for over 30 years and it never ceases to amaze me to see how much risk investors are willing to take. The P/E for this stock is 385.71 with a forward-looking P/E of 86.77 and an income growth […]

Leave a comment • Continue Reading →

Equity Oracle: 09/19/13

Posted on September 19, 2013 by in Equity Oracles

Ford Motor Company is trading over the breakout point on the Cup & Handle Pattern but we have to make sure the candle is green before be buy it. Note that the volume is lower today than it was yesterday so this is another reason why I have submitted this trade candidate to you as […]

Leave a comment • Continue Reading →

Options Oracle: Expiration Week Alert 09/18/13

Posted on September 18, 2013 by in Options Oracles

In the nearby chart you will see a weekly candle chart of the Dow Jones Industrial Average ETF (Ticker: DIA). The price action is in the process of completing the final phase of a textbook head and shoulders pattern. The doji in the most recent candle represents the top of the right shoulder. This is […]

Leave a comment • Continue Reading →

Equity Oracle: 09/13/13

Posted on September 13, 2013 by in Equity Oracles

This is a stock that I’ve been following for some time on my watch. It trades in line with the technical signals and it’s priced just right for the trader who is looking for a cheap stock. As you can see from the daily candle chart, the stock is holding the role reversal support level […]

Leave a comment • Continue Reading →

Options Oracle: 09/13/13

Posted on September 13, 2013 by in Options Oracles

This new position in SLV is a short-term strategy that will allow us to take a quick profit as the stock moves back up to the 20-day moving average. A one-dollar rally in SLV would result in a $.60 price gain on the option, giving us a return of 11.76%. I am not looking to […]

Leave a comment • Continue Reading →

Options Oracle: 09/07/13

Posted on September 7, 2013 by in Options Oracles

Selling this credit put spread gives you a chance to collect a cash premium that will be applied to the purchase of Geron Shares (Ticker: GERN). Our initial risk will be in the Apple position, but should the stock stay above $470 between now and expiration day, we will be long GERN risk free. The […]

Leave a comment • Continue Reading →