What a crazy week! I’ve been very busy updating the Buy List for Members so now let’s turn to what, if anything, justifies this bullish posture now that we are finally over our breakout levels. I am DETERMINED to find good news...
Read More. Well we finally hit our levels! Fundamentally, I still don’t buy this rally but, technically, we could go up and up from here. We discussed in chat yesterday how we may be in a pattern similar to 2003-7 where we came out...
Read MoreToday’s tickers: FXY, EEM, PEP, TEVA, TIF, UPS & X FXY – Japanese Yen Shares – The exchange-traded fund, which seeks to mirror the price of the Japanese Yen, is trading more than 0.50% higher today to stand at $107.12 in...
Read MoreWell I promised a thrilling ride yesterday and we sure got one! We had a quick and wild drop right out of the gate, falling 75 points off Wednesday’s drop from 10,589 at 3pm. But we rapidly gained it all back after holding our...
Read MoreToday’s tickers: F, IPG, MBI, DAL, XLF, XHB, CROX, GME, BBBY & NVTL F – Ford Motor Co. – Yesterday we reported on a short strangle play, which implied the automaker’s shares would likely remain within the realm of $10.00 to...
Read MoreBeware the data! The first thing you will hear this morning is that COST had a 9% rise in sales, with International sales up a whopping 25%. What you are less likely to hear is that COST sells a lot of gasoline, which has...
Read MoreHey Oxen Report Readers, I am unable to post still in the mornings, so I am posting overnight a trade that you should make today that will cash out on Friday with what I hope is big movement like some our other overnight trades...
Read MoreToday’s tickers: F, WLP, IBN, SWHC, UNG, SNDK, MU, DTV, FDO & MON F – Ford Motor Co. – A short strangle play in the June contract on Ford suggests shares of the automaker are likely to remain range-bound through the next...
Read MoreIn 1964, Justice Potter Stewart tried to explain “hard-core” pornography, or what is obscene, by saying, “I shall not today attempt further to define the kinds of material I understand to be embraced . . . but...
Read MoreToday’s tickers: JPM, LVS, S, WFC, UAUA, NBR, PTEN, FIG, PCS, DAL & TPX JPM – JPMorgan Chase & Co. – A three-legged combination play suggests one investor anticipates a significant rally in JPMorgan’s shares within the...
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