A compromise has been announced by the President, meaning that the US won’t go into default of its debt on Tuesday’s deadline. This suggests a reprieve for the markets in terms of recent uncer…
Today we’re going to do something a bit different … The indices are rising because the financial stocks are waking up. Morgan Stanley reported today and gapped up accordingly. So f…
Well there are two ways we can look at the indices, yet at the same time as we get into earnings season, many leading stocks are forming very constructive patterns. QQQ The OVI has been stut…
Hi Everyone.
As horrific as the events in Japan have been, make no mistake, the markets were going to fall anyway.
The OVI on the S&P and Nasdaq has been pointing the way for almost …
Hi Everyone
No surprises with the market action today – the OVI has been pointing the way for a while now, and the charts have been wobbly too.
Before I give more details, please do folllow me o…
In this short video I explain how the OVI works so well, how it worked a treat on two stocks this weekend, and how you can use it moving forward.
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Hi Everyone
The markets have been due a well needed rest and are taking a good smack right now.
While I’m very concerned about the repeated need for Quantitative Easing and its long term effect…
Hi Everyone
The markets started to wobble as the S&P got dizzy from breaking its year highs. I’m thinking that this will be the start of some further wobbles as the market makes up its…
Hi Everyone
Over the weekend I said the markets were likely to rise today and luckily for me they obliged.
However, the Nasdaq and S&P are both displaying Doji bars today after breaking int…
OVI Market Action:
Like it or not, logical or not, the markets are poised to break one way or another. Bull flags still have the edge, but there are some beautiful looking bear flags out there too, a…
