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

OSS Market Forecast

|Includes:Bank of America Corporation (BAC)
OSS Market Forecast

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
  • Things continue to look bearish.
  • Cyclical analysis chart for the IWM Click Here
  • Like last Friday, this Friday has lots of stocks with bearish Spiral Peak dates.
  • Candlestick Count is flashing a change in trend signal.
  • China Credit Markets Tumble Most In 3 Months As Default Spooks Lenders Deals Pulled Click Here
Click to enlarge

Previous Watch List
Ticker Chg% High% Low% Last Night's Comments
BA 0.05% 0.45% -0.59% Bull Flag Breakout
GSK -1.03% -0.18% -1.12% Bull Flag Breakout
JNJ 0.32% 1.14% 0.25% Bull Flag Breakout
YHOO 0.41% 1.22% 0.00% Bearish Reversal
YUM 3.32% 3.93% 1.26% Bearish Reversal
Click to enlarge

Emini Trades (last 5 days)
Date Scalpers Profit Sluggers Profit Chart
3/6/2014 +0.25, -1.25, -0.5, +1 -0.50 +0.25, -1.25, -0.5, +1 -0.50 Chart
3/5/2014 +2, +2, +1.50, +1 4.50 +2, +2, +1.50, +1 4.50  
3/4/2014 -2, +4.5, -1, +1 2.50 -2, +4.5, -1, +1 2.50 Chart
3/3/2014 -2, -1 -3.00 -2, -1 -3.00  
2/28/2014 +1.75, -1, -1, +2 1.75 +1.75, -1, -1, +2 1.75  
Past trding 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%
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 824.85 828.16 824.85 826.14 1.51 0.18% 3.53 0.43% 0.22 0.03%
^GSPC 1,874.18 1,881.94 1,874.18 1,877.03 3.22 0.17% 8.13 0.43% 0.37 0.02%
^VIX 13.82 14.42 13.73 14.21 0.32 2.30% 0.53 3.82% -0.16 -1.15%
IWM 120.12 120.25 119.42 119.74 -0.02 -0.02% 0.49 0.41% -0.34 -0.28%
SPY 188.21 188.61 187.78 188.18 0.43 0.23% 0.86 0.46% 0.03 0.02%
GLD 129.71 130.47 129.47 130.17 1.28 0.99% 1.58 1.23% 0.58 0.45%
SLV 20.57 20.81 20.50 20.66 0.30 1.47% 0.45 2.21% 0.14 0.69%
UUP 21.38 21.39 21.32 21.35 -0.12 -0.56% -0.08 -0.37% -0.15 -0.70%
TLT 106.76 106.97 106.52 106.56 -1.06 -0.98% -0.65 -0.60% -1.10 -1.02%
USO 36.13 36.61 35.92 36.57 0.33 0.91% 0.37 1.02% -0.32 -0.88%
Click to enlarge

Tomorrow's Pivots
Ticker S2 S1 Pivot R1 R2
^OEX 823.07 824.61 826.38 827.92 829.69
^GSPC 1,869.96 1,873.49 1,877.72 1,881.25 1,885.48
^VIX 13.43 13.82 14.12 14.51 14.81
IWM 118.97 119.36 119.80 120.19 120.63
SPY 187.36 187.77 188.19 188.60 189.02
GLD 129.04 129.60 130.04 130.60 131.04
SLV 20.35 20.50 20.66 20.81 20.97
UUP 21.28 21.32 21.35 21.39 21.42
TLT 106.23 106.40 106.68 106.85 107.13
USO 35.68 36.12 36.37 36.81 37.06
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- + - +%
3/6/2014 22 6 2 0 156 21 31 3 30 211 0.12
3/5/2014 22 1 3 0 92 13 211 1 26 317 0.08
3/4/2014 22 2 13 11 50 9 13 0 48 72 0.40
3/3/2014 65 9 4 0 45 5 58 5 78 113 0.41
2/28/2014 50 1 6 0 174 18 39 4 57 235 0.20
Click to enlarge

Technical Analysis and Point & Figure Scores
Date TA+ TA- TA% P&F+ P&F- P&F%
3/6/2014 3811 1050 0.78 1440 631 0.70
3/5/2014 3008 865 0.78 1400 634 0.69
3/4/2014 5927 883 0.87 1376 653 0.68
3/3/2014 2167 2007 0.52 1263 709 0.64
2/28/2014 3660 1190 0.75 1320 683 0.66
Click to enlarge

Tomorrow's US Economic Events
Friday, 07-March-2014 (EST)
8:30:00 AM Employment Situation
8:30:00 AM International Trade
12:00:00 PM William Dudley Speaks
3:00:00 PM Consumer Credit
Click to enlarge

Earnings Announcements for Friday, March 7
Ticker EPS Time Company OSS Rating
JRCC -1.20 Time Not Supplied James River Coal Co
HTZ 0.32 Time Not Supplied Hertz Global Holdings Inc
BIG 1.42 Before Market Open Big Lots Inc
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: BAC