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Option Day Plays New Club Picks Payoff!!

Two Club picks this week. Both producing profits of $2000 if you purchased 10 options.

Option Day Plays Service Results
DATE OPTION PROFIT HIGH/LOW
SCORE

4 Winners / 4 losers / 1 100%+

4/26/2010 DTG 40 CALLS 20% 90%
4/26/2010 BIDU 640 CALLS (club pick) 10% 10%
4/27/2010 MMM 90 CALLS 20% 80%
4/28/2010 GS 160 CALLS -20% -20%
4/28/2010 TMO 55 CALLS -20% -20%
4/29/2010 FSLR 140 CALLS (club pick) 20% 110%
4/29/2010 GS 160 CALLS -20% -20%
4/29/2010 GELG 65 CALLS -20% -20%

What are Club picks? These are options with an above average chance of moving higher. The purchase of 10 options should lead to a profit of $2000.

 

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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: Apr 26, 2010

Venus leaves Taurus this week. It entered Taurus on April 1st. Taurus is ruled by Venus, so when Venus is in Taurus you expect good things to happen in the markets. When Venus leaves Taurus, you expect the markets to reverse. We'll see if it happens.
Also, Mercury is half-way through it retrograde. The half-way mark also correlates with market reversals. Hmmm.... It is getting interesting.
Additionally, Saturn will once again from a opposition with Uranus this week. This has also proven to correlate with market reversals. This influence has been building for the last two weeks. Uranus is associated with extreme events in nature such as earthquakes, volcano eruptions, massive storms, etc. It also rules the airlines industry. Let's see, can you think of an extreme event in nature in the last two weeks that affect the airlines industry? Hint: think Iceland.

So, in short, everything is in place for a reversal. I have said for sometime that starting around May 5th, the markets would start to drop. Let's see if I'm right.

See you next week.

Tuesday should finish higher. Wednesday should be the biggest mover. Either Thursday or Friday will finish down. The whole week should finish lower.

Follow-up

Tuesday should finish higher. -- That didn't work out.

Wednesday should be the biggest mover -- That didn't work out either.

Thursday or Friday will finish down. -- With Thursday move up, and knowing that one of these days would finish lower, Friday was a great opportunity to pocket some extra change.

The whole week should finish lower. -- The market did indeed finish lower.

^DJI RESULTS
DATE OPEN HIGH LOW CLOSE CHG CHG % HIGH
CHG
HIGH
CHG %
LOW
CHG
LOW
CHG %
   
04/26/10 11205.11 11308.95 11150.01 11205.03 0.75 0.01% 104.67 0.93% -54.27 -0.48%
04/27/10 11203.67 11260.88 10962.81 10991.99 -213.04 -1.90% 55.85 0.50% -242.22 -2.16%
04/28/10 10988.87 11115.63 10938.48 11045.27 53.28 0.48% 123.64 1.12% -53.51 -0.49%
04/29/10 11045.64 11232.54 11045.64 11167.32 122.05 1.10% 187.27 1.70% 0.37 0.00%
04/30/10 11168.23 11235.94 10984.35 11008.61 -158.71 -1.42% 68.62 0.61% -182.97 -1.64%

 


FORECAST FOR THE WEEK OF: May 3, 2010

Looking like our May 5th turning point is already underway.

The oil spill in the gulf will send unemployment numbers higher. Everyone know that in order for the market rally to continue, we need to see better job numbers. Looks like the job numbers will be moving in the opposite direction. This shock to the economy could easily lead to a massive sell-off in the markets.

On the monthly OEX chart we have a bearish candle reversal near a key Fibonacci 61.8% retracement from the all-time high of 14,198 on October 11, 2007. The OEX is close to a 5/20 EMA crossover. Watch for a breakout through the bottom of the current channel pattern.

Expect sharp price moves in precious metals, higher prices in oil and U.S. Treasuries and a stronger dollar.

Monday and Tuesday should see some big price moves.


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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  
01/25 01/28 01/28  
02/08 02/12 02/09 Way off! :-(
02/22 02/24 02/25 Off by 1
03/08 03/11/10 03/11/10
03/22 03/23 03/23/10 +102.94 (0.95%)
04/05 04/05 04/07/10
04/26 04/28 04/27/10 Off by 1

RECENT SINGLE DAY UP/DOWN INDICATOR RESULTS

DATE
PREDICTED
RESULT
^DJI
12/17/10 UP UP +20
01/04/10 UP UP +155
02/02/10 UP UP +111
02/12/10 DOWN DOWN +40.43
03/17/10 UP UP +47.69
03/30/10 DOWN DOWN -58.65
03/31/10 DOWN DOWN -105.20
04/08/10 DOWN UP +29
04/15/10 UP UP +21
04/27/10 UP DOWN -213
04/30/10 DOWN DOWN -158

 

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FINANCIAL EVENTS THIS COMING WEEK

** Reversal Indicator

Monday, 03-May-2010

08:30 AM Personal Income and Outlays
10:00 AM ISM Mfg Index
10:00 AM Construction Spending
11:00 AM 4-Week Bill Announcement
11:30 AM 3-Month Bill Auction
11:30 AM 6-Month Bill Auction

Tuesday, 04-May-2010

07:45 AM ICSC-Goldman Store Sales
08:55 AM Redbook
10:00 AM Factory Orders
10:00 AM Pending Home Sales Index
11:30 AM 4-Week Bill Auction
11:30 AM 52-Week Bill Auction

Wednesday, 05-May-2010

07:00 AM MBA Purchase Applications
07:30 AM Challenger Job-Cut Report
08:15 AM ADP Employment Report
09:00 AM Treasury Refunding Announcement
09:00 AM 3-Yr Note Announcement
09:00 AM 10-Yr Note Announcement
09:00 AM 30-Yr Bond Announcement
10:00 AM ISM Non-Mfg Index
10:30 AM EIA Petroleum Status Report

Thursday, 06-May-2010

06:00 AM Monster Employment Index
06:00 AM Chain Store Sales
08:30 AM Jobless Claims
08:30 AM Productivity and Costs
09:30 AM Ben Bernanke Speaks
10:30 AM EIA Natural Gas Report
11:00 AM 3-Month Bill Announcement
11:00 AM 6-Month Bill Announcement
03:00 PM Treasury STRIPS
04:30 PM Fed Balance Sheet
04:30 PM Money Supply

Friday, 07-May-2010

08:30 AM Employment Situation
11:30 AM Charles Plosser Speaks
03:00 PM Consumer Credit

Source: MyPivots

 

 

 
 

Please contact me with any questions/comments.

--Rob

The Option Signal Service

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