For months I’ve been advocating caution with these markets, and being very selective with your trades. The OVI Sentiment Indicator has been solidly red for many weeks too. Now we’re at a c…
The market is still moribund, but take heart in that at least you know how to recognise it. With our unique take on the OVI and price setups we’ve been saying since April that these markets aren…
GOOG is up to near all-time highs following its surprise restructure announcement last night. Yesterday morning I mentioned that its OVI had sprung back to life, but I’d also said that in light …
After months of choppiness and generally ugly market conditions, finally some of the more reliable long term positions like DIS got stung out of the blue. As I’ve been saying for many months now…
While I’m still cautious about these sloppy markets, in today’s video I start with some selections from FlagTrader using my 2-month trend in combination with basic OVI filters. There have been a …
Last week I said it was best to remain cautious throughout this earnings period, and that guidance has certainly provided value this week. The markets will come back to be more constructive in d…
We’re right in the thick of earnings and the markets have been surprisingly resilient. Our long-term stocks have continued to shine (DIS, NKE and SBUX among others). The financials have bo…
Aside from the odd play the markets are continuing to be elusive, so we now see if earnings will provide a catalyst to more technical types of movements. Ultimately we look for recognisable setu…
I hope you enjoyed the 4th July holidays which came just before Greece has voted to exit the Euro and default on its debt. Most commentators agree this is the most pragmatic solution for Greece,…
The markets are still bumbling along, trying to find a clear direction, but now we have earnings around the corner, which could in itself set some wheels in motion. As per the last few weeks, th…
