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OSS Nightly Update

|Includes: GLD, iShares Silver Trust ETF (SLV), SPY
OSS Nightly Comments






Stock Watch for: 8/30/2012
Symbol Trade Close Chg Chg% High High% Low Low%
BEBE SHORT 5.47 0.12 2.24% 0.15 2.80% -0.02 -0.37%
CAT LONG 86.09 0.08 0.09% 0.32 0.37% -1.56 -1.81%
DDR SHORT 15.29 0.06 0.39% 0.12 0.79% -0.01 -0.07%
FDO LONG 63.50 1.96 3.18% 2.51 4.08% -0.07 -0.11%
GIS SHORT 39.57 0.13 0.33% 0.32 0.81% -0.01 -0.03%
LXK SHORT 21.07 -0.25 -1.17% 0.17 0.80% -0.85 -3.99%
MOS LONG 57.81 1.06 1.87% 1.32 2.33% -0.27 -0.48%
UTX SHORT 80.17 -0.47 -0.58% 0.22 0.27% -0.59 -0.73%

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

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Follow Up for: 8/29/2012
Symbol Trade Open Chg Chg% High High% Low Low%
XLV SHORT 38.70 -0.06 -0.15% 0.07 0.18% -0.18 -0.46%
SLV SHORT 29.93 0.19 0.64% 0.26 0.87% -0.01 -0.03%
ABT LONG 65.82 0.01 0.02% 0.18 0.27% -0.66 -1.00%
EDC LONG 79.06 -0.59 -0.74% 0.40 0.50% -0.99 -1.25%
INTC LONG 24.93 0.16 0.64% 0.17 0.68% -0.16 -0.64%
MOS LONG 56.72 -0.24 -0.42% 0.06 0.11% -0.41 -0.73%
SLXP LONG 44.08 0.09 0.20% 0.55 1.24% -0.52 -1.18%
TDW LONG 48.62 0.40 0.83% 0.64 1.32% -0.11 -0.23%

Thoughts & Comments
  1. Markets slipped lower for another day.
  2. Gold and Silver have both failed to break above Fib resistance and started pulling back today.
  3. UUP (US Dollar ETF) is showing signs of an upward move in the next few days.
  4. VIX continues to march higher since its low on 8/17.
  5. XLV, which was mentioned in last night's list of SHORT stocks to watch, actually moved higher today but once again failed to close above the top of an ascending triangle; for the sixth time since 7/19.
  6. AMTL Is getting squeeze into the apex of a triangle.

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--Rob
Learn about the rare Diamond formation