The Market Guys

This week’s Equity focuses on Bank of America (BAC). Last week’s instructions were to wait for the gap to fill before getting into the long trade, but the stock rallied this week, and almost got away from us. As I’ve mentioned before in many trade alerts, gaps fill about 80% of the time. The great […]

September and October are historically the most dangerous months of the year for investors who hold long positions in their accounts. If you forget this lesson, it could very well cost you a fortune. Next week will be the last full week of trading before the Labor Day weekend. This means we could see higher […]

In this week’s Oracle, we discuss the SPDR S&P 500 ETF. There is more negative signal showing than positive ones, which is why we remain cautious. Next up is a brief discussion of a Dow stock and shorting the VIX. [hana-flv-player video=”http://themarketguys.wpengine.com/wp-content/uploads/videos/TEO_082011.mp4″ width=”650″ height=”450″ description=”” player=”4″ autoload=”true” autoplay=”false” loop=”false” autorewind=”true” /]

The long legged Doji seen on the weekly chart for SPY tells us the sellers are running against some buying pressure at this level. The 200-week moving average will most likely act as a support level but we have to remain cautious as we work our way back up to resistance. It looks as though […]

This is the most technical market I’ve seen in my career and we are just getting warmed up. I expect severe volatility this week, which is why I’m asking all members to remain in cash until we get the buy signal. [hana-flv-player video=”http://themarketguys.wpengine.com/wp-content/uploads/videos/TEO_080711.mp4″ width=”650″ height=”450″ description=”” player=”4″ autoload=”true” autoplay=”false” loop=”false” autorewind=”true” /]  

This week we got the set up we were looking for with the Home Depot trade that was sent out last week. We are seeing a slight increase in weekly volume as compared with last week’s volume, which is a signal that the buyers are starting to come in. [hana-flv-player video=”http://themarketguys.wpengine.com/wp-content/uploads/videos/TEO_072311.mp4″ width=”650″ height=”450″ description=”” player=”4″ […]

It’s been a while since I last traded Home Depot but I think the time is right, as long as we are patient enough to wait for the buy signal. Home Depot has been in a very nice trading channel for the last three years, and I expect this year’s hurricane season to bode well […]

Lifevantage, Inc is a very small company with big potential. They were featured in an ABC special in 2005 and the stock exploded to $20, thanks to the media hype, but it’s since pulled back to a point where I think it’s worth buying. [hana-flv-player video=”http://themarketguys.wpengine.com/wp-content/uploads/videos/TEO_070911.mp4″ width=”650″ height=”450″ description=”” player=”4″ autoload=”true” autoplay=”false” loop=”false” autorewind=”true” /]

In this Oracle, we discuss the Commodity Indexed Trust (Ticker: GSG). In October, the price broke through a well defined resistance area, but now it’s come back to the $34 level, which is now acting as a role reversal support level. This is an opportunity for us to trade the channel with a target price of […]

Personal care companies generally do well when the economy is sagging. When folks are under financial pressure, they manage to find ways to feel good about themselves, and Avon is one of those companies that caters to this idea.