As of the close of August 29, 2023, unless otherwise indicated, a PerfectStorm scan of high-volume options found seven new breakout candidates
AGNC:
AFRM (8/28 close):
CVNA:
HYG:
XOM:
NLY:
and ORCL (August 28 close):
TEN new breakout candidates found.
July 2, 2023 by
Remember, this is for information only. NO RECOMMENDATIONS ARE IMPLIED!
My PerfectStorm scan of high-volume optional stocks found ten new breakouts as of the close of Friday, June 30, 2023.
ARKK:
BYND:
IWM:
MSFT:
NFLX:
QS:
SOXL:
XLF:
XOM:
AVDL:
Three new breakouts and three new breakdown candidates.
June 25, 2023 by
As of the close of Friday, June 23, 2023, my scan of high-volume optional stocks found three new breakouts.
COIN:
MARA:
and PYPL:
and three new breakdowns;
CVX:
DIS:
and XOM:
Three more breakouts. Posted at 9:11 PM on Thursday, June 8, 2023.
June 8, 2023 by
Three more breakouts as of the close today, Thursday, June 8, 2023.
BABA:
HYG:
and XOM:
PerfectStorm Indicators
March 5, 2020 by
As mentioned in many of my posts, I have found a method of determining if an asset is rising in price, or falling in price.
The following pictures as of the close of March 4, 2020, should illustrate a partial solution.
It is of Exxon Mobile (XOM) a widely held multinational oil company that is part of the Dow Jones Industrial Average.
The Covid 19 virus has affected many parts of the economy. The price of crude oil has been reduced. As the world economy
has slowed, the demand for crude has also been reduced.
There are two pictures. One is of the daily price of XOM by itself. The other is of XOM as compared to the S&P 500 on a relative performance basis.
Versus the S&P 500
The red vertical lines represent a sell decision, a blue vertical line is a pause, a red vertical line is a purchase.
You will notice that since October of 2019, XOM has underperformed the S&P 500.