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OSS Nightly Update

|Includes: GDL Fund (GDL), SLV, SPY
Nightly Comments

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

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A look at last night's stocks to watch.

  • BIDU Jul12 105 Calls +$1.19 (+66%)
  • EBAY Jul12 40 Calls +$0.86 (+116%)
  • MA fell but closed the day up.

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  1. Stock market is ready for a reversal to the down side.
  2. Precious metals should start a rally soon.
  3. UUP is at double fib support.
  4. XLP (Consumer Stables ETF) is at the top of an upward channel for the 3rd time.
  5. XLV ( Health Care ETF) is forming a Wave 5 top.
  6. F (Ford) finally got off its support level.

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** SUBSCRIBER'S UPDATE SECTION **
Stock Watch for 7/19/2012
Symbol Trade
ACI LONG
AIG SHORT
APC SHORT
CF SHORT
DIA LONG
KOG SHORT
TXN LONG
VZ LONG