November 2006 - Posts

• Options Pricing Determinants and Models

  Thursday, November 30, 2006 6:45 PM

  Topics covered in this week's newsletter: Market Round-up - Stocks and Metals Options Theory – Options Pricing: Determinants and Models Options Trading Pick Update Read More Posted by Purely Technical 0 Comments Go to top

• Basic Options Theory

  Wednesday, November 29, 2006 5:29 PM

  Attached please find the November 19th issue of Purely Technical. A larger part of this issue is dedicated towards a write-up on Basic Options Theory. This is the first edition if what will be a several part series that will start with basic theory and move on to basic and advanced options strategies that we and other options traders use in their trading. Read More Posted by Purely Technical 0 Comments Go to top

• Rally Relies on This Line

  Tuesday, November 28, 2006 4:32 PM

  For weeks now the 20-day Moving Average line that is displaced by 5 days has been holding the market up. With the nice move down today, the S&P500 is sitting right on that line. Read More Posted by Purely Technical 0 Comments Go to top

• Stocks and Metals Markets Round-up

  Monday, November 27, 2006 6:20 PM

  ... ... If any of these potential sell signals are confirmed over the coming days, expect to see a few more stocks added to our list of short picks. A preponderance of very recent picks happen to be on the short side. Coincidence? Or…? ... ... Read More Posted by Purely Technical 0 Comments Go to top

• Answers to *Quiz* See if You can PIck These Hockey Sticks

  Wednesday, November 22, 2006 7:09 PM

  Here are the answers to the quiz published a few days ago... Read More Posted by Purely Technical 0 Comments Go to top

• VIX at decade-lows

  Tuesday, November 21, 2006 4:06 PM

  These are charts of the VIX (compared with the S&P-500). Keep a close eye on these developments over the next few weeks; there just might be something of interest that comes out of them. Read More Posted by Purely Technical 0 Comments Go to top

• Manage, yes Manage (not simply Take), Trading Risks through the Use of Options

  Monday, November 20, 2006 7:04 PM

  Purely Technical Weekly Newsletter (November 19, 2006): Articles covered in this issue include: *Manage, yes Manage (not simply Take), Trading Risks through the Use of Options (FEATURED HERE) *Another Good Week for Stocks, as Naz and Small Caps Smash through Resistance *Options Theory - Elementary Concepts *Options Theory - Introduction to Option Pricing *Options Trading Picks (FEATURED HERE) Read More Posted by Purely Technical 0 Comments Go to top

• *QUIZ* See if You can Pick These 'Hockey Sticks'

  Monday, November 20, 2006 6:47 PM

  Okay, time for some READER PARTICIPATION!! The following is a collection of images that depict the generic Profit/Loss Diagrams of 10 popular options strategies. The list starts with a few basic strategies and ends with a couple of advanced strategies. Give it a shot and see how many you can name correctly! Submit your answers through... Read More Posted by Purely Technical 3 Comments Go to top

• More Options & Tons of Stock Picks

  Thursday, November 16, 2006 8:21 PM

  We've spent a major part of this evening researching new options (and stocks) picks. Lots of stocks have consolidated nicely and are ready for a big move in EITHER direction. Given these circumstances, if you trade stocks, you need to make an educated guess as to the direction of the breakout. Moreover, that breakout needs to prove to be legitimate in the days that follow and not turn back around. However, if you trade options, you can design spreads and multi-legged strategies that will make money regardless of the direction of the breakout and will have a chance to profit even if the apparent breakout proves false and the stock turns around. Check out our Options picks and Stock picks... Read More Posted by Purely Technical 0 Comments Go to top

• AMD Options Pick

  Thursday, November 16, 2006 4:40 AM

  Here's a potential options play on AMD, which has been trading within a tight consolidation pattern over the past few weeks. A bursting out of the pattern should be imminent. Read More Posted by Purely Technical 0 Comments Go to top

• Precious, Industrial Metals Parting Ways?

  Wednesday, November 15, 2006 12:21 AM

  Here is another article from this weekend's issue of Purely Technical... Read More Posted by Purely Technical 2 Comments Go to top

• Purely Technical - November 12

  Monday, November 13, 2006 7:35 PM

  Highlights and a featured article from this week's issue of the "Purely Technical" weekly newsletter. Read More Posted by Purely Technical 0 Comments Go to top

• Crude Ready to Rock

  Friday, November 10, 2006 5:50 PM

  Crude Oil looks like it has finally broken out of the bull wedge that it has been trading within for the past 6 weeks. More significantly, RSI has made a positive centerline crossover and we already have a positive divergence on MACD. Crude should now be ready to make a move back up to levels reached earlier this year. Read More Posted by Purely Technical 0 Comments Go to top

• Hello Nasdaq, Howdy Resistance.

  Thursday, November 09, 2006 6:15 PM

  The Nasdaq is introducing itself to a significant resistance zone, which we've been talking about for a few weeks now, once again. As the chart shows, the NDX and COMP are in contention with... Read More Posted by Purely Technical 0 Comments Go to top

• NOK - Options Pick

  Wednesday, November 08, 2006 7:25 PM

  Today we started maintaining an Options Picks List at our public listing at stockcharts.com, which you can access through the following URL - http://tinyurl.com/yn6qg8 The first addition to this list is a moderately bullish play on NOK. NOK - 1:3 17.5/20.0 JAN Call Backspread @ Net Credit (0.15) The following are the brief details of this trading idea: Read More Posted by Purely Technical 0 Comments Go to top

• " Flight to Quality "

  Tuesday, November 07, 2006 5:09 PM

  We would like to show you a set of ratios that attempt to portray a recent change in investor attitude towards the different market cap groupings, as evidenced by the relative performance of the S&P Large Caps (OEX), S&P Mid Caps (MID) and S&P Small Caps (SML). Read More Posted by Purely Technical 0 Comments Go to top

• Precious Metals Gaining Lustre

  Monday, November 06, 2006 7:25 PM

  We’ve been bullish on Gold since the metal started showing a positive divergence with RSI in early October. This bullish stance was confirmed early last week, by a breakout of the symmetrical triangle (shown on chart of the Gold ETF – GLD) within which price had been consolidating for the previous 6 months. Read More Posted by Purely Technical 0 Comments Go to top

• Short Picks Update

  Saturday, November 04, 2006 9:22 PM

  Don't get too aggressive on the markets - either short or long. There is a lot of money to be made, but its a safer bet, at the moment, to choose your sectors and your stocks. Blindy buying (or shorting) into every sector will likely get you in trouble. Add to your research by checking out the Short and Long Picks in our public listing. Here's an update on the Short picks that we showed you in the Nightly Commentary on Nov 2nd... Read More Posted by Purely Technical 0 Comments Go to top

• Short Stocks, Making Money!!

  Friday, November 03, 2006 5:01 PM

  Tonight's talk is going to be short. Rather we'll let you see the proof, in the charts... We have been touting the downside for a few days now and have added a number of Short Picks in our Stock Picks List . They are really starting to kick now. Take a look at some of these picks for a preview ... Read More Posted by Purely Technical 0 Comments Go to top

• Industry Indices Breaking Down

  Thursday, November 02, 2006 8:05 PM

  In last night's commentary we'd spoken about the possibility that the markets are in for a period of consolidation, if indeed not a selloff - for the short term . (Longer term there isn't anything to worry about for the moment ) Let's now take a look at some industries/sectors that might take a shellacking if the markets do end up making a nice correction over the coming weeks Read More Posted by Purely Technical 0 Comments Go to top

• Nasdaq SELL Signals!!

  Thursday, November 02, 2006 4:21 AM

  Finally, we get a trading day of some significance!! After today's market action, there is the potentiality that a myriad of market indices and industry indices are showing a short-term top. Remember, we'd mentioned the possibility of this in this weekend's newsletter. Variously, trend lines have been broken, negative divergences have been confirmed and support levels are being tested. While certain "timing systems" might be claiming that this period of the year (or election cycle) or whatever is usually very strong, we need to always be prepared for anything that the charts have to offer. We have a number of charts to show you tonight and... Read More Posted by Purely Technical 0 Comments Go to top

• Even More Short Stock Picks

  Thursday, November 02, 2006 4:20 AM

  Nov 1st - Evening: Even more short picks... Nov 1st - Morning: Adding a few more bearish picks to the list found in last night's commentary (attached below). There are a couple more yet that we're working on and will add those to the list shortly... Oct 31 Nightly Commentary: Let's face it, the intermediate- and long-term trend is up. There is no denying that and trying to make any strong bets on the bearish side might end up being like doing-you-know-what in the wind. However, a number of indices are up finding resistance at current levels and, like we mentioned in this weekend's newsletter, a handful are showing potential negative divergences. Moreover, a few industry indices are starting to threaten sell signals. We highlighted this point in the newsletter, as well... So let's look at a handful of stocks that might be ripe for a beating given any co-operation from the market on the downside - Read More Posted by Purely Technical 0 Comments Go to top

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The above content is provided for educational and informational purposes only, does not constitute a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of Zecco or its employees.