Financials Moving as Suggested
Last week I mentioned BAC and GS in a video and on Friday morning I mentioned them again together with other strong-looking financial stocks. They promptly broke out on Frida…
Guy
December 8, 2014
Guy
Certain sectors wobbling, Financials looking stronger
It’s still a bit choppy out there but the financial stocks are making some headway. BAC, C, GS, JPM and MS are all at or near recent highs with predominantly…
Guy
December 5, 2014
Markets Taking the Rest We Forecast
Last week I wrote that AAPL and the markets needed a rest, sooner rather than later … and they’re now getting that rest. Here’s what I wrote last Wednesday: Bull flags forming on the S&am…
Guy
December 2, 2014
Webinar Replay 26th November
Just two days until my OVI Traders Live Workshop on Saturday! Last night we had a great webinar where we covered current market conditions, new opportunities and how to make the most of our wond…
Guy
November 27, 2014
AAPL Needs a Rest
Bull flags forming on the S&P and Dow right now while the Nasdaq is a small Doji high. I suspect that we need another brief rest soon, with even the AAPL powerhouse needing to take…
Guy
November 26, 2014
Markets Purring
The markets are purring upwards as expected and it’s worth remembering how it’s best not to be wedded to a certain opinion of where you think the markets should be. The only way to read the…
Guy
November 21, 2014
A Costly Snooze
So after two dozen great one-day reversals during September and October, the big one – the one that really mattered – was the one that I also identified correctly as another reversal, but decided to s…
Guy
November 1, 2014
The Post Earnings Gap and Consolidation
The post-earnings gap-up and consolidation is a worthy chart setup. With a persistently positive OVI it is excellent. During the last year fine examples have included AAPL (April/May), FB …
Guy
October 27, 2014
Earnings Winner and Losers
The market continued its impressive snapback last week, and as we emerge from earnings we’ll have a better idea where it wants to go. As ever this earnings has witnessed its winners and losers, …
Guy
October 27, 2014
Risk and Reversals
A significant snapback in the markets over the last few days, but there are still plenty of stocks yet to report earnings and the market remains volatile. Many stocks’ OVI readings are still neg…
Guy
October 22, 2014