95% of short term traders always lose. 95% of long term traders win! Be in the correct group.

Saturday, January 28

Justin Bieber's Company? OPMG.. sounds like OMG

I have finally found a company that has Justin Bieber in the Management team. click the link below.

http://ir.stockpr.com/optionsmedia/management-team


The company is a penny stock listed in the OTC market.
Options Media Group Holdings, Inc.


OPMG is the stock ticker if you plan to buy this penny stock but I think it is a bad stock to invest in.

The business Idea is so funny... PHONEGUARD.

I am not sure if it's going to be able to grow. 
Enjoy the video.




S&P 500 chart review. We are in correction phase.. i think.

 

This is my technical chart for the SPY.

I will consider buying stocks when it has corrected to 1245

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IDX – $28.45 Buy Entry

Should the global equity markets continue its bullish rally, IDX is a buy when it corrects to $28.45.

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CLF $66.50 Buy entry

 

I did a technical analysis on CLF chart to get back into the stock.

The fundamentals of CLF remain strong given its healthy balance sheet and demand for iron ore.

The suggested buy entry is based on Support line as shown by the 3 circles and the Fibonacci retracement lines of 38% and 62%.

Take a look at the chart for yourself.

 

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Friday, January 27

DJIA Minor Correction to 12400

The recent bullish rally has been stopped by the poorer than expected GDP report of 2.8% instead of the 3.0% that Wall Street wanted.

Furthermore, the Dow Jones Index has hit a previous resistance set in May 2011, a correction is expected as buying pressure eases and profit takers start to unload shares.

Based on Fib 38.2% retracement level and previous support levels as shown by the blue markings, I strongly believe that the DJIA will correct to 12400.