Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

OSS MARKET UPDATE

|Includes:iShares Silver Trust ETF (SLV)
OSS Nightly Stats

These are not recommendations.
Buy and Sell signals are sent to Option Signal Service subscribers.

Not signed-up for the Free weekly newsletter?
Sign-up here

Did you know you can have the subscriber version of the OSS NIGHTLY STATS e-mailed directly to your in-box with a subscription to the OSS INDICATORS newsletter?

The subscriber version contains charts of potential trades for the next day!

Check out some past OSS INDICATORS newsletters.

Click Here
Click to enlarge

Thoughts & Comments
Best Market Timers For 2013
Guess who won 2nd place?
Click Here
Click to enlarge
  • Candle count is now low for the 3rd day in a row. It has also dropped to 13%. Even worse, there were 8 Evening Stars formation today, and zero Morning Stars. RED FLAG!
  • I expect a big move to the down side on Thursday.
  • Currently, 8:00 PM CST, the ES dumped 10 points in just 5 minutes.
  • Four winning options trades today.
  • Geomagneic index popped through the roof tonight. Up to 57!!
Another Red Flag

Concerned over the use of extreme and negative words used on T.V. and in the stories below. Looks like a perfect storm is brewing

  • Ticking time-bomb keeps ticking at Fukushima Click Here
  • Facebook Blows $16 Billion On SnapChat Competitor WhatsApp; Stock Tanks Click Here
  • Japanese Trade Deficit Explodes To Record - No J-Curve Miracle In Sight Click Here
  • Oil Train Derailments Reaching Crisis Point Click Here
  • Polar Vortex Shock And Awe: The Utility Bill Arrives (And Why It Will Get Worse Before It Gets Better) Click Here
  • As it happened: Alarm at worst Kiev violence Click Here
Click to enlarge

Previous Watch List
Ticker Chg% High% Low% Last Night's Comments
LNKD 2.29% 3.53% -1.13% Bullish reversal. Bearish flag has ended.
POT 0.00% 0.83% -0.60% Bull flag.
SBUX -0.88% 0.42% -1.00% Bull flag.
VZ 1.20% 1.87% -0.91% Bullish reversal and Spiral bullish period.
MS -2.03% 0.30% -2.27% Breaking out of a bear flag
MSFT 0.24% 0.88% -0.56% Bearish reversal
NKE -0.52% 0.45% -0.80% Doji
SYK -1.19% -0.02% -1.27% Bearish reversal
XOM -0.13% 1.30% -0.29% Doji
AA 3.16% 5.26% -0.53% Still watching that bear flag
Click to enlarge

Emini Trades (last 5 days)
Date Scalpers Profit Sluggers Profit
2/19/2014 -2, -1, +0.25, +2, +2, -2, -2, +1, -2, -0.25 -4.00 -2, -1, +0.25, +2, +2, -2, -2, +1, -2, -0.25 -4.00
2/18/2014 -2, +2, -1, -0.75, -2, +2, +1.75 0.00 -2, +2, -1, -0.75, -2, +2, +1.75 0.00
2/14/2014 -2, -2, +2, 0 -2, +2, -1 -3.00 -2, -2, +2, 0 -2, +2, -1 -3.00
2/13/2014 +2 2.00 0 0.00
2/12/2014 +2, +1.5, -2, -0.5, +2 3.00 +2, +1.5, -2, -0.5, +2 3.00
Today's chart and past results can be found here at the bottom of the page.
Click to enlarge

Option Trades Closed Today
Ticker Option Opened Bought Closed Sold Profit%
VZ FEB14 46 CALLS 19/02/14 $0.26 19/02/14 $0.52 100%
LNKD FEB14 200 CALLS 19/02/14 $1.52 19/02/14 $2.28 50%
MS FEB14 30 PUTS 19/02/14 $0.55 19/02/14 $0.99 80%
SKY FEB14 82.5 PUTS 19/02/14 $0.56 19/02/14 $0.84 50%
Past results can be found here at the top of the page.
Click to enlarge

Closing Prices
Ticker Open High Low Close Chg Pts. Chg% High Pts. High% Low Pts. Low%
^OEX 811.17 814.20 805.16 805.88 -5.90 -0.73% 2.42 0.30% -6.62 -0.82%
^GSPC 1,838.90 1,847.50 1,826.99 1,828.75 -12.01 -0.65% 6.74 0.37% -13.77 -0.75%
^VIX 14.85 15.73 14.12 15.50 1.63 11.75% 1.86 13.41% 0.25 1.80%
IWM 114.90 115.64 113.98 114.07 -1.18 -1.02% 0.39 0.34% -1.27 -1.10%
SPY 183.76 184.95 182.87 183.02 -1.22 -0.66% 0.71 0.39% -1.37 -0.74%
GLD 127.26 127.45 126.16 126.27 -1.13 -0.89% 0.05 0.04% -1.24 -0.97%
SLV 21.01 21.05 20.56 20.63 -0.50 -2.37% -0.08 -0.38% -0.57 -2.70%
UUP 21.47 21.52 21.46 21.51 0.06 0.28% 0.07 0.33% 0.01 0.05%
TLT 107.18 107.18 106.30 106.37 -0.45 -0.42% 0.36 0.34% -0.52 -0.49%
USO 36.70 37.05 36.64 36.90 0.24 0.65% 0.39 1.06% -0.02 -0.05%
CORN 32.04 32.60 31.80 32.26 0.28 0.88% 0.62 1.94% -0.18 -0.56%
Click to enlarge

Tomorrow's Pivots
Ticker S2 S1 Pivot R1 R2
^OEX 799.37 802.63 808.41 811.67 817.45
^GSPC 1,813.90 1,821.33 1,834.41 1,841.84 1,854.92
^VIX 13.51 14.50 15.12 16.11 16.73
IWM 112.90 113.49 114.56 115.15 116.22
SPY 181.53 182.28 183.61 184.36 185.69
GLD 125.34 125.80 126.63 127.09 127.92
SLV 20.26 20.44 20.75 20.93 21.24
UUP 21.44 21.47 21.50 21.53 21.56
TLT 105.74 106.05 106.62 106.93 107.50
USO 36.45 36.68 36.86 37.09 37.27
CORN 31.42 31.84 32.22 32.64 33.02
Click to enlarge

Candlestick Count -- Last 5 days
Bullish Bearish
EG+ ... Engulfing EG- ... Engulfing
ST+ ... Morning Star ST- ... Evening Star
HA+ ... Harami HA- ... Harami
PP+ ... Piercing Pattern DC- ... Dark Cloud
Click to enlarge
DATE EG+ PP+ HA+ ST+ EG- DC- HA- ST- + - +%
2/19/2014 30 3 3 0 135 17 84 8 36 244 0.13
2/18/2014 27 2 2 0 72 7 27 1 31 107 0.22
2/14/2014 24 1 0 3 29 8 74 1 28 112 0.20
2/13/2014 118 6 5 0 16 3 22 0 129 41 0.76
2/12/2014 27 2 3 0 120 30 63 1 32 214 0.13
Click to enlarge

Technical Analysis and Point & Figure Scores
Date TA+ TA- TA% P&F+ P&F- P&F%
2/19/2014 2048 1127 0.65 1141 799 0.59
2/18/2014 3882 991 0.80 1132 810 0.58
2/14/2014 3208 869 0.79 1071 853 0.56
2/13/2014 3222 927 0.78 1022 900 0.53
2/12/2014 2527 987 0.72 967 936 0.51
Click to enlarge

Tomorrow's US Economic Events
Thursday, 20-February-2014 (EST)
8:30:00 AM Consumer Price Index
8:30:00 AM Jobless Claims
8:58:00 AM PMI Manufacturing Index Flash
9:45:00 AM Bloomberg Consumer Comfort Index
10:00:00 AM Philadelphia Fed Survey
10:00:00 AM Leading Indicators
10:30:00 AM EIA Natural Gas Report
11:00:00 AM EIA Petroleum Status Report
11:00:00 AM 3-Month Bill Announcement
11:00:00 AM 6-Month Bill Announcement
11:00:00 AM 2-Yr Note Announcement
11:00:00 AM 5-Yr Note Announcement
11:00:00 AM 7-Yr Note Announcement
1:00:00 PM 30-Yr TIPS Auction
4:30:00 PM Fed Balance Sheet
4:30:00 PM Money Supply
Click to enlarge

Earnings Announcements for Thursday, February 20
Ticker EPS Time Company OSS Rating
Click to enlarge

** SUBSCRIBER'S ONLY SECTION **

Not a subscriber?

Sign up now!

Charts, Options and high probability trade setups.

Click Here

Click to enlarge
Click to enlarge
Stocks: SLV