THIS MONTH'S OSS RESULTS
DATE
|
OPTION
|
BOUGHT
|
SOLD
|
PROFIT
|
| 12/22/09 |
.NVLS |
1.40 |
2.80 |
+100% |
| 12/22/09 |
.BYYAH |
1.30 |
.65 |
-50% |
| 12/30/09 |
.APUMS |
1.00 |
.50 |
-50% |
| 1/11/10 |
.MIRMT |
1.00 |
2.00 |
+100% |
| 1/12/10 |
.FHUMD |
1.60 |
2.10 |
+30% |
|
U.S. Debt Clock http://www.usdebtclock.org/ tick....tick....tick......tick.....BOOM!
How much further in debt are U.S. Tax Payers?
RECAP FOR THE WEEK OF: Jan 18th, 2010
Minor cycles are positive this week, and negative next week. Major cycles are negative for the next month. We may see a pop to the upside this week, but it should be short-lived. There is a powerful storm a brewing. Expect "sudden events" in the world to negatively effect the markets over the next two weeks. Don't get caught being long!
I expect Tueday to be the big mover this week.
Follow-up
How many times do I have to say this: my big mover prediction suck around holidays. Tuesday was a big mover, but it was not even close to being "the" big mover.
A one day rally to new highs, then a sudden reversal to the downside. I think we predicted last week fairly well.
Reversal chart for Sept - Nov has been posted. View here
FORECAST FOR THE WEEK OF: Jan 25th, 2010
Markets have been moving in a ever narrowing wedge for a number of months. Last week the OEX, QQQQ, and many other markets finally broke-out of the wedge to the downside. This points to further declines.
Monday the markets made a 15-month high before turning down. There are a number of important factors associated with this high pointing to lower lows:
- It came one week before the Gann weekly reversal we have been waiting for.
- Monday was a 50% retracement from the high in Oct 08 to the low in Mar 09.
- Candlesticks last week show an almost perfect Three Black Crows reversal.
If markets move up, or go sideways during the first part of the week, expect sharp loses on Thursday and/or Friday.
This week we have a weekly Gann reversal and a daily Gann reversal on 1/27.
Last week, OSS subscribers were told to buy OEX puts.
I expect Thursday to be the big mover this week. Don't forget Jobless Claims will released on Thursday.
Subscribers to the Option Signal Service will be notified when to take action.
Use link at the top of the page to subscribe now.
RECENT SINGLE DAY BIG MOVER PREDICTION RESULTS
|
WEEK OF
|
PREDICTED
|
|
ACTUAL
|
NOTE
|
| 05/04 |
05/04 |
|
05/04 |
|
| 05/11 |
05/11 |
|
05/13 |
11th was 2nd |
| 05/18 |
05/18 |
|
05/18 |
|
| 05/18 |
5/21 2nd |
|
5/21 was 2nd |
|
| 05/25 |
05/26 or 05/27 |
|
05/26 |
27th was 2nd |
| 06/01 |
06/01 |
|
06/01 |
|
|
06/08
|
06/11 or 06/12
|
|
06/11
|
12th was 2nd
|
| 06/15 |
06/15 |
 |
06/15 |
|
| 06/22 |
06/22 |
 |
06/22 |
|
| 06/29 |
06/29 |
|
07/02 |
06/29 was 2nd |
| 07/06 |
07/06 |
1 |
07/07 |
Early by one |
| 07/20 |
07/20 |
|
07/23 |
07/20 was 2nd |
| 07/27 |
07/29 |
1 |
07/30 |
Early by one |
| 08/10 |
08/10 |
|
08/12 |
Missed |
| 08/17 |
08/17 |
 |
08/17 |
|
| 08/24 |
08/26 |
1 |
08/27 |
Early by one |
| 08/31 |
09/01 |
 |
09/01 |
|
| 09/07 |
09/10 |
 |
09/10 |
|
| 09/14 |
09/17 |
1 |
09/16 |
Late by one |
| 09/21 |
09/23 |
 |
09/23 |
|
| 09/28 |
10/01 |
 |
10/01 |
|
| 10/05 |
10/05 |
1 |
10/06 |
Early by one |
| 10/26 |
10/26 or 10/29 |
1 |
10/30 |
Early by one |
| 11/09 |
11/10 |
1 |
11/09 |
Late by one |
| 11/16 |
11/16 |
 |
11/16 |
|
| 11/30 |
12/02 |
1 |
12/01 |
Late by one |
| 12/07 |
12/11 |
|
12/08 |
Way off! :-( |
| 12/14 |
12/17 |
 |
12/17 |
-132.86 |
| 01/04 |
01/07 |
2 |
01/04 |
2nd biggest move |
| 01/11 |
01/14 or 01/15 |
 |
01/15 |
|
| 01/18 |
01/19 |
|
01/22 |
|
RECENT SINGLE DAY UP/DOWN INDICATOR RESULTS
|
DATE
|
PREDICTED
|
|
RESULT
|
NOTE
|
| 12/17 |
UP |
 |
UP |
+20.63 |
| 01/04 |
UP |
 |
UP |
+155.91 |
|
|
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|
FINANCIAL EVENTS THIS COMING WEEK
|
Monday, 25-Jan-2010
10:00 Existing Home Sales
11:00 4-Week Bill Announcement
11:30 3-Month Bill Auction
11:30 6-Month Bill Auction
Tuesday, 26-Jan-2010
07:45 ICSC-Goldman Store Sales
08:55 Redbook
09:00 S&P Case-Shiller HPI
10:00 Consumer Confidence
10:00 FHFA House Price Index
11:30 4-Week Bill Auction
01:00 2-Yr Note Auction
Wednesday, 27-Jan-2010
07:00 MBA Purchase Applications
10:00 New Home Sales
10:30 EIA Petroleum Status Report
01:00 5-Yr Note Auction
02:15 FOMC Meeting Announcement
|
Thursday, 28-Jan-2010
08:30 Durable Goods Orders
08:30 Jobless Claims
10:30 EIA Natural Gas Report
11:00 3-Month Bill Announcement
11:00 6-Month Bill Announcement
01:00 7-Yr Note Auction
04:30 Fed Balance Sheet
04:30 Money Supply
Friday, 29-Jan-2010
08:30 GDP
08:30 Employment Cost Index
09:45 Chicago PMI
09:55 Consumer Sentiment
03:00 Farm Prices
|
|
Source: MyPivots
|
|