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Options Oracle: 07/31/13

Posted on July 31, 2013 by in Options Oracles

It’s been a long time since I last spoke about “The Golden Buy/Write” but I couldn’t help but notice this one today. The term “Golden Buy/Write” is something that I came up with years ago while I was doing a seminar in Stockholm. The investors there wanted to know if there was a way that […]

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Equity Oracle: 07/26/13

Posted on July 26, 2013 by in Equity Oracles

Broadcom has recently taken a hit as sellers caused the stock to gap down 3 times in just 8 days. This last gap is what I would call an exhaustion gap and the drop in volume indicates that the sellers are slowing down in their selling activity. Our strategy is to buy the stock now, […]

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Options Oracle: 07/25/13

Posted on July 25, 2013 by in Options Oracles

As you can see from today’s candle chart of BIDU, the stock has gapped up but has stopped right at the major resistance level taken from the highs on August 17th, 2012. A credit call spread is a bearish strategy that allows us to take in a cash credit to our account. The most we […]

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Equity Oracle: 07/17/13

Posted on July 17, 2013 by in Equity Oracles

I will often refer to the “rubber band theory” which is when a stock makes a big move away from its moving average. In this stock, the price has moved well below the 20-week moving average and it looks like the buyers are coming in to rally the stock. Our goal is to buy INFY […]

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Options Oracle: Expiration Week Alert 07/17/13

Posted on July 17, 2013 by in Options Oracles

This Friday marks expiration day for the July option chain. We are currently holding positions in the following companies; AMEX SPDR Energy Select Index (XLE), The Volatility Index (VIX), Gold ETF (GLD), Carnival Corp. (CCL), Cirrus Logic (CRUS), Diamonds Trust (DIA), and Barrick Gold (ABX).

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Options Oracle: 07/12/13

Posted on July 12, 2013 by in Options Oracles

On May 24th an alert went out to buy the Jan 2015 29.50 Calls on Carnival Corp. (Ticker: CCL). Our purchase price for the calls was $5.80. These leaps are currently trading for $7.50 and it would be easy for us to take our $1.70 (29.3% Profit) and run…BUT… it will be much more profitable […]

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Equity Oracle: 07/12/13

Posted on July 12, 2013 by in Equity Oracles

Since the end of May Cirrus Logic (CRUS) has been bumping its head against a well-established resistance area. On Wednesday the stock closed with a bullish engulfing pattern and when I took this snapshot of the stock’s chart it was just making a break above resistance. It’s important that you wait until the end of […]

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Weekly Market Report: 07/05/13

Posted on July 5, 2013 by in Weekly Market Reports

Click the video link to watch this week’s market report, which contains helpful, in-depth stock analysis.

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Equity Oracle: 07/04/13

Posted on July 4, 2013 by in Equity Oracles

The US Dollar trades actively around the world and there are a couple of ways we can position ourselves to make a profit from the price fluctuations in the dollar versus other global currencies. If you think the dollar will go up, then you can buy the PowerShares US Dollar Bullish Fund (Ticker: UUP) however […]

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Options Oracle: 07/04/13

Posted on July 4, 2013 by in Options Oracles

The US Dollar made a nice rally after we bought the Leaps on June 14th. My original goal was to turn this into a diagonal calendar spread but the August at-the-money calls don’t have much time premium so it’s best that we just sell the Leaps and take the profit. We bought these calls for […]

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