earnings season

Low Volume Monday

Yesterday’s volume was low as the indices recovered some of their poise.  The low volume is not the behaviour of hungry bargain hunting bulls, so we’re not out of these woods yet.  Not all s…

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The Warning Signs Were There

Last Monday (28th July) I gave a clear warning that the markets looked fragile and that this was a time to be cautious.  I know many seasoned OVI traders took heed and tightened their stops, noti…

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Resilient Markets

Lots going on in the world and yet the market has continued to demonstrate its resilience as shown by price action and OVI behaviour.  This is one of the reasons I don’t pay too much attention to…

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Caution into earnings

I’ve mentioned several times recently about the importance of protecting your gains, and this has been particularly important as the market wobbles in the run up to this earnings season. I don’t …

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Markets retrace but OVI holds firm

Last week I repeated the suggestion that you should ‘Hold onto your gains’.  With yesterday’s pullback those words are looking prophetic, especially as we move into earnings season.  However…

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INTC chart has my patterns

Last week saw the start of a retracement which has followed a strong market performance.  It remains to be seen how severe this retracement may turn out to be.  The OVI has dipped into negat…

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Fed boosts the markets for now

Well the markets weren’t subdued after all yesterday!  They were pretty excitable after hearing from the new Fed chairwoman who is committed to continuing recent Fed policy of gentle tapering as …

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