Big test today! The Dow failed to retake the upside of our band in multiple attempts yesterday but the NYSE held the critical 6,900 line which is our first real breakdown level to be tested. As I said to Members in yesterday’s...
Read MoreToday’s tickers: CRI, RDC, XL, VIX, XHB, XRX, EFA, WYNN, BIDU & XHB CRI – Carter’s Inc. – The more than 20,500 option contracts exchanged thus far today on the children’s apparel company trumps existing open interest...
Read MoreYesterday was definitely a good day in the markets for The Oxen Report. Our Buy Pick of the Day was Ultrashort Proshares Financials ETF (SKF). We got into the ETF at 24.00 after adjusting the entry price in our Morning Levels...
Read MoreToday’s tickers: AMZN, MU, ETH, AMR, WYN, TBT, BAC, PCS, DE, ING, RSH & BCRX AMZN – Amazon.com, Inc. – Shares of the online retailer surged to an all-time high of $125.44 during the trading session. Investors...
Read MoreWe’re still trying to get bullish, really we are… Yes we are reluctantly bullish and only technically bullish at that. All we are asking of the markets is for them to take out our very simple levels and hold them for more than...
Read MoreHello folks. Hope you had a fabulous weekend. We did not have any picks to review from Friday, so we can get into the mix right now with some picks for today. I have two picks that I think will work well on a slow Monday of...
Read MoreWhile the bears may be celebrating the dip in the market this week, let’s keep in mind that we are still on a very positive trend that will take more than a few days to break. The more bearish you are, the more you need to...
Read MoreToday’s tickers: TIVO, ORCL, MSFT, VLO, BRCM, XLP, AMZN, MSFT & ELN TIVO – TiVo, Inc. – Shares of the provider of technology and services for digital video recorders are soaring 8.5% higher to stand at the current...
Read MoreWhat a wild week we are having! We dumped our shorts as planned yesterday morning, getting a very nice dip at the open and my 9:36 Alert to Members was even titled “Take Those Short Profits!” and our upside targets...
Read MoreToday’s tickers: WERN, MDVN, GT, XRX, SLE, AMGN, ESI, EBAY, FFIV & SLE WERN – Werner Enterprises, Inc. – The truckload freight services firm edged onto our ‘hot by options volume’ market scanner due to bearish trading...
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