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OSS Nightly Update

|Includes: SPDR S&P 500 Trust ETF (SPY)

 

OSS Nightly Comments








Stock Watch for: 8/31/2012
Symbol Trade Close Chg Chg% High High% Low Low%
AGN LONG 85.70 0.57 0.67% 0.85 1.00% -0.54 -0.63%
AMED SHORT 14.33 -0.44 -2.98% -0.03 -0.20% -0.47 -3.18%
DDR SHORT 15.17 -0.12 -0.78% -0.05 -0.33% -0.17 -1.11%
DO LONG 66.22 -0.40 -0.60% -0.15 -0.23% -0.92 -1.38%
GIS SHORT 39.34 -0.23 -0.58% 0.02 0.05% -0.34 -0.86%
MA SHORT 420.95 -4.87 -1.14% -1.87 -0.44% -5.55 -1.30%
OI LONG 17.60 -0.11 -0.62% 0.01 0.06% -0.39 -2.17%
AMZN SHORT 246.22 -0.90 -0.36% 2.88 1.17% -1.87 -0.76%
APC SHORT 68.26 -1.46 -2.09% -0.49 -0.70% -1.61 -2.31%
LXK SHORT 21.53 0.46 2.18% 0.79 3.75% -0.15 -0.71%

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

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Follow Up for: 8/30/2012
Symbol Trade Open Chg Chg% High High% Low Low%
BEBE SHORT 5.46 0.12 2.24% 0.15 2.80% -0.02 -0.37%
CAT LONG 85.56 0.08 0.09% 0.32 0.37% -1.56 -1.81%
DDR SHORT 15.19 0.06 0.39% 0.12 0.79% -0.01 -0.07%
FDO LONG 63.39 1.96 3.18% 2.51 4.08% -0.07 -0.11%
GIS SHORT 39.53 0.13 0.33% 0.32 0.81% -0.01 -0.03%
LXK SHORT 21.05 -0.25 -1.17% 0.17 0.80% -0.85 -3.99%
MOS LONG 57.32 1.06 1.87% 1.32 2.33% -0.27 -0.48%
UTX SHORT 79.44 -0.47 -0.58% 0.22 0.27% -0.59 -0.73%
Thoughts & Comments
  1. The DJI dropped over 100 points today. This is consistance with our V-indicator being high on Friday. We expect a 3-digit move +/- 1 day. A drop was also consistant with our T2 indicator being heavily negative this week and with one of the last two trading days of the month being negative.
  2. VIX continued to move higher for another day. In fact it gapped up. See chart below.
  3. We have a 3-day holiday weekend coming up. Things happen over 3-day weekends. Watch for a game changer like news about a stimulus package or maybe it won't have anything to do with the markets but something usually appears you were not expecting.

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--Rob
Learn about the rare Diamond formation