OVI Index

Yesterday I said the following, verbatim: My prognosis for the markets remains unchanged.  In the short term we’ve had some upside, but medium term I see challenges ahead.  Ok, I didn’t e…

Well, the markets are up overall during this earnings season, but not for the first time recently, this week we’ve witnessed a breakout followed by an immediate reversal.  With so much unce…

Hi Everyone I think it’s fair to say that this earnings season is rather unpredictable and that’s the sure sign for us to sit back and watch the masochists self harm.  The OVI is inconclusiv…

AAPL Clobbered, S&P Touches Resistance,  Plus: Workshop Webinar Tomorrow Night
We’re in the full flow of earnings and the SPY has touched its August highs before retreating just a few poi…

The S&P is almost there folks … we seem to be in the midst of a consolidation.  Oddly the SPY’s OVI turned south yesterday so let’s see how we fair in the next few days.  Earnings c…

The market seems to want to go somewhere right now and we’re now in the full swing of earnings season.  AMZN and AAPL are looking interesting again as they break through and approach key re…

A huge last hour rally saw the markets surge back into positive territory, making gains for the day overall.  The Dow saw a trading range of 420 points, the Nasdaq 108 points, and the S&amp…

No doubt in the last couple of days you’ll have read about Alessio Rastani’s rather insensitive comments made on the BBC.  First, as a student of mine, I’ve personally told him that I deplor…

The OVI still can’t get into positive territory on the S&P or the Dow.  Both indices are in rising channels, suggesting lower prices to come – this is of course in line with what the OVI…