TMG Webinar

How to Generate Income from Your Stocks

The Market Guys will show you how you may be able to create income from your stocks with options.

Next event...

Investing Education Day

Market Shots

PIN PRESSURE INDICATOR™

Using Pin Pressure as a leading indicator for setting price targets


AJ Monte, Chief Market Strategist for the Market Guys, has written a paper for the Market Technicians Association on the Topic of Pin Pressure.

This document was grounded in research conducted by the University of Illinois showing how Option Trading Volume affected the price of the underlying stock in which the option contracts where traded.

From this paper, AJ has developed the Pin Pressure Indicator™ which is a calculation that computes the combined open interest traded at various strike prices and uses this data to determine price targets for individual stocks as we approach options expiration Friday.

Continue reading »

Archives for August, 2008

Welcome to the archives page. Here you will find a list of all posts from August, 2008.

2 More Q&A from the Aug. 28th Webinar

Posted on August 29, 2008 by AJ Monte

Q: ET has excellent written material on conditional orders. However hearing about it from experts is much better -Kent J. A: Thanks for the great comments Kent! That’s the great part of our partnership with E*Trade, CBOE, ISE, CME and others. We have many resources available including our podcasts, webinars, live events and the Oracle [...]

0 Q&A from Today’s Webinar

Posted on August 28, 2008 by AJ Monte

Here are a couple of questions that went unanswered on today’s webinar with Rick and AJ. Q: BMI looks like good entry point today, is volume ok, and what other risks do you see with this stock from Power E*Trade panel. -Bill M.

2 The Options Oracle Trade Alert has just been delivered

Posted on August 28, 2008 by AJ Monte

Attention all Option Oracle subscribers. The latest trade alert has been delivered to your mailbox. We are introducing the ISE FX Options today. Thanks, AJ

4 The Options Oracle Trade Alert has been delivered

Posted on August 20, 2008 by AJ Monte

Be advised that the Options Oracle trade alert has been delivered to those subscribed to our advisory service. Please be sure to review the risk management notes at the bottom of page two before you place the trade.

3 Q&A from August 14th Webinar (Part II)

Posted on August 15, 2008 by AJ Monte

Rick S.- 12:02 pm Q: Hi, I was wondering if I were to follow The Market Guys rule of buying at the close, should I worry about the stock going down below my stop intraday or should I be more concerned about waiting for the close to decide what to do? A: You should pay [...]

2 Q&A from August 14th Webinar

Posted on August 14, 2008 by AJ Monte

Q:  Are there any circumstance in which you’ll get out of a trade before it hits your stop — a candlestick pattern that says the trade is going strongly against you before it breaks support or resistance?   -Kate A:  Great question!  Yes – the market gives you fresh information every day – don’t ignore [...]

4 Option Expiration Week Alert just went out…

Posted on August 12, 2008 by AJ Monte

This message is for all members of our Option Oracle trade advisory service: I have just sent you the latest option expiration week alert to your mailbox. One of the things I’ve highlighted is the way I use the Fibonacci retracement numbers to calculate an entry point. We were able to collect credits on every [...]

0 Book questions

Posted on August 10, 2008 by AJ Monte

Q:  AJ/Rick, I’m half way through your lastest book, Five Points. 2 Questions. The Piercing Point trade says the second day should gap down below the previous days’ LOW. Then, it’s better to be below the Close & Low. Can the first be possible without the second? Did you mean previous days’ CLOSE?             Do these trading [...]

0 BRL Gaps

Posted on August 8, 2008 by AJ Monte

Q: Thanks for book, the seminars, and the podcasts — they’re really helping. It’s Aug. 7 2008, and I’m looking at BRL. It’s hit a new 52-week high and it looks as if it’s near or slightly above resistance from three years ago. But on the daily chart you can see huge gaps up that [...]

2 Question from a beginner

Posted on August 5, 2008 by AJ Monte

Q:  Hey Guys, I do not know much about investing and/or trading.  I’m 22 yrs old and I do not have a lot of money, but I would like to.  My curretn job provides me with enough money to pay all my expenses, have enjoyable free time, and still have money left over.  I would [...]