Oil was in the news; my recommendations were ^OIL and ^USO both booked great gains. I mentioned ^OIL a few weeks ago even, when I was surprised the commodity price was hardly affected by the unrest in the middle east. I gave a buy recommendation back then.
Another one I said was ^DIA and ^SPY on tuesday, thursday peaking to it highest, sell recommendations today when it was trading 160 lower while almost simultaneously buying the March 19 Call option on ^SPY (today).
What's next? Well in order to see what possibly lies in the week ahead we need to see the bigger picture;
The graph below shows the Dow Jones Industrial Average since October of last year. The pull back of November of last year also seems to be occurring right now (green arrows),to me so far we seem to be right on track for another market rally! This is a very bullish outlook, and I'm going with it! The only set back that may affect it is further turmoil in the middle east, so far it seems the markets are taking it as minor 'speed bumps'.