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 »

Posts tagged with: Gaps

You are currently viewing a list of posts tagged with the Gaps keyword. You can view the full text of each post by clicking on its title.

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 [...]