BEHOLD

CADDYSHACK, Chevy Chase, Michael O'Keefe, 1980.

There are 3 new letters after my name. Pretty cool huh? No? Well how about the last post when I told you to get into $VSLR? Take my advice? See the chart now? https://omahacharts.com/single-post/2017/06/15/Keeping-An-Eye-On-Vivint-Solar I shall return soon with more layup trades for you 🙂

Keeping An Eye On Vivint Solar

(Kris Tripplaar/Sipa USA/Newscom) IT16-vslr-052716-newscom Work trucks with Vivint Solar logos in Beltsville, Maryland on January 2, 2016. Photo by Kristoffer Tripplaar *** Please Use Credit from Credit Field *** (Newscom TagID: sipaphotosfive907938.jpg) [Photo via Newscom]

I am quite sure nothing good will come of this, but I have a close eye on Vivint Solar, $VSLR here. One of my RRGs tipped me off that $TAN (Solar ETF) was making a move towards the leading quadrant and may soon begin to outperform. Take a look at the volume profile of $VSLR… Continue reading Keeping An Eye On Vivint Solar

Pandora Nears A Buying Point

Shares of the internet music streaming company have gone over about as well as a turd in the punch bowl as of late, but I think they are primed for a pop soon. Taking a look at a weekly chart of $P taking into account 2.5 years of price data, we can see from the Optex… Continue reading Pandora Nears A Buying Point

Using Relative Rotation Graphs To Forecast Where We Want To Allocate Funds

At the start of each week I like to make reference to an RRG Chart to gain a sense of the overall investing landscape. Relative Rotation Graphs are a unique and powerful tool to visually see flow of funds and relative strength of individual securities, commodities, ETFs, or really anything with price history relative to a benchmark such… Continue reading Using Relative Rotation Graphs To Forecast Where We Want To Allocate Funds

What I Am Reading Going Into The Weekend

Americans Aren’t Filing Their Taxes This Year (Bloomberg) Radioshack Goes Bankrupt… Again. (NYPost) Wall Street Journal Goes After Fake News In New Campaign (Adweek) 33 Documentaries on Netflix Right Now That Will Make You Smarter (BI) 5 Ways To Keep The Govt. From Spying On You (MarketWatch) Sentiment Too Bullish? (Option Addict) Jobs Report &… Continue reading What I Am Reading Going Into The Weekend

Putting Together A Quick Trade In The Metals & Mining Sector $XME.

When looking to put on a short term trade, I look for a several factors to line up in the direction of my original bias. The more confirmation we have, the better in terms of putting on a trade with a directional bias. Since the election of the current President, I started watching this group… Continue reading Putting Together A Quick Trade In The Metals & Mining Sector $XME.

These Are The Sorts Of Things You Do Not Want To See…

Stop trying to top tick our markets, Mike.

“Not Like The Dot-Com Bubble – It’s Much Worse.”

Much Worse Than The Dot-Com Bubble According To This Chart (MarketWatch) 50 Most Promising Start Ups You’ve Never Heard Of (Bloomberg) Futures Slip After Trump’s Wiretap Accusation (Reuters) Millenials Grab $SNAP Shares (WSJ) Facebook Disables Well Known Finance Site’s Page, Without Warning (Ridiculous) David Letterman Is Back And He’s Uncensored As Fu*k (Vulture) This Site… Continue reading “Not Like The Dot-Com Bubble – It’s Much Worse.”

A Weekly Look Across The Market Landscape

Our friend over at Nanex, Eric Hunsader posted the following chart on his Twitter feed this morning: This shows the S&P 500 Futures the most down since midnight of any trading day so far in 2017. I monitor this chart in particular to get a sense of the overnight buying/selling pressure. Anytime you get a major low (or… Continue reading A Weekly Look Across The Market Landscape

President’s Day Links

Billions Creators Flooded With Calls From Wall Streeters (Yahoo) Gold Isn’t Behaving In Practice The Way It Should In Theory (Bloomberg) Oil Rises, But Faces Prospect Of Growing U.S. Output (Reuters) You’ve Been Accepted To Columbia. Oops, Our Bad. (NYT) How To Survive A Bear Market (Irrelevant Investor) iBankCoin Labs Still Bullish On U.S. Markets… Continue reading President’s Day Links