Option Day Plays Service Results
| DATE |
OPTION |
PROFIT |
HIGH/LOW |
| SCORE |
2 winners / 4 losers
* Gold Play |
| 3/29/2010 | AIG | -20% | -20% |
| 3/29/2010 | APOL | -20% | -20% |
| 3/30/2010 | ACH | 0% | 0% |
| 3/30/2010 | SAP | 0% | 0% |
| 3/30/2010 | QCOM | 0% | 0% |
| 3/31/2010 |
F * |
20% | 30% |
| 3/31/2010 |
F * |
20% | 20% |
| 3/31/2010 | USO | -20% | -20% |
| 4/1/2010 |
SKIL * |
0% | 0% |
| 4/1/2010 | MU | -20% | -20% |
| 4/1/2010 | PBI | 0% | 0% |
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RECAP FOR THE WEEK OF: Mar 29, 2010
This week we have a major Gann reversal and another major cyclical reversal.
Tuesday or Wednesday should be down.
Friday should be up.
Expect precious metals to make a reversal to the upside this week.
Follow-up
Tuesday and Wednesday were both down.
Gold and Silver were both up.
^DJI RESULTS
| DATE |
OPEN |
HIGH |
LOW |
CLOSE |
CHG |
CHG % |
HIGH
CHG |
HIGH
CHG % |
LOW
CHG |
LOW
CHG % |
| |
^DJI gained 241 points for the week
|
| 03/29/10 | 10849.23 | 10954.43 | 10827.91 | 10895.86 | 45.50 | 0.42% | 104.07 | 0.96% | -22.45 | -0.21% |
| 03/30/10 | 10895.02 | 10968.56 | 10837.21 | 10907.42 | 11.56 | 0.11% | 72.70 | 0.67% | -58.65 | -0.54% |
| 03/31/10 | 10907.34 | 10933.19 | 10802.22 | 10856.63 | -50.79 | -0.47% | 25.77 | 0.24% | -105.20 | -0.96% |
| 04/01/10 | 10857.31 | 10983.14 | 10851.57 | 10927.07 | 70.44 | 0.65% | 126.51 | 1.17% | -5.06 | -0.05% |
FORECAST FOR THE WEEK OF: Apr 5, 2010
While the markets continue to be oversold, cycles indicate higher prices this month. For the current week, we could dip lower, but we could just as likely move higher. Although, let's not forget the Gann reversal on 3/31. I say we dip lower this week.
Expect precious metals to climb higher.
Monday should be the most active day.
Thursday should be down.
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RECENT SINGLE DAY BIG MOVER PREDICTION RESULTS
RECENT SINGLE DAY UP/DOWN INDICATOR RESULTS
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FINANCIAL EVENTS THIS COMING WEEK
** Reversal Indicator
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Monday, 05-April-2010
10:00 AM ISM Non-Mfg Index
10:00 AM Pending Home Sales Index
11:00 AM 4-Week Bill Announcement
11:30 AM 3-Month Bill Auction
11:30 AM 6-Month Bill Auction
01:00 PM 10-Yr TIPS Auction
Tuesday, 06-April-2010
07:45 AM ICSC-Goldman Store Sales
08:55 AM Redbook
11:30 AM 4-Week Bill Auction
11:30 AM 52-Week Bill Auction
01:00 PM 3-Yr Note Auction
01:00 PM Narayana Kocherlakota Speaks
02:00 PM FOMC Minutes
03:00 PM Treasury STRIPS
Wednesday, 07-April-2010
07:00 AM MBA Purchase Applications
10:30 AM EIA Petroleum Status Report
01:00 PM 10-Yr Note Auction
02:00 PM Tom Hoenig Speaks
03:00 PM Consumer Credit
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Thursday, 08-April-2010
08:30 AM Jobless Claims
09:00 AM RBC CASH Index
10:30 AM EIA Natural Gas Report
11:00 AM 3-Month Bill Announcement
11:00 AM 6-Month Bill Announcement
12:45 PM Narayana Kocherlakota Speaks
01:00 PM 30-Yr Bond Auction
04:30 PM Fed Balance Sheet
04:30 PM Money Supply
Friday, 09-April-2010
10:00 AM Wholesale Trade
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Source: MyPivots
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