
OVI Market Update 2014.03.24 – Still Mixed Signals
Still mixed signals as I mentioned on Friday’s review. This is perfectly natural, so don’t panic if you’re not finding too many amazing trades. They tend to come along like buses … none …
Still mixed signals as I mentioned on Friday’s review. This is perfectly natural, so don’t panic if you’re not finding too many amazing trades. They tend to come along like buses … none …
It’s a strange market as there are a multitude of head and shoulders (bearish) patterns hovering like clouds, but many OVI readings remain in positive territory. Gold and Silver are taking a rest…
On Monday one of my favourite students, who calls himself Mr Angry, contacted me about the market displaying several doji bars. I responded by saying he should focus on the financial sector, nam…
Last week I mentioned that the markets were driving to new highs but the quality of opportunities was not as good as we’d like. At the same time Gold and Silver had broken out from their ranges,…
The S&P and Nasdaq indices are driving to new highs but the quality of opportunities isn’t as good as we’ve been accustomed to recently. At the same time, Gold and Silver have broken out fro…
I mentioned last week that the markets were making a decent comeback … this has continued up to Friday’s close. Again the old adage of “Trade what you see” springs to mind. For now the m…
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 …
When you look at the markets right now, they just look a bit subdued to me. Watch the video link below where I review over 22 stocks so you can see what I’m seeing right now. Here’s today’…
Last Wednesday saw doji bars on the SPY, DIA, QQQ and a few stocks we like to observe. When you see clusters of patterns there is something important going on. We saw exactly the same phen…
The market retracement is in full flow – nothing too surprising in that. It remains to be seen how far it will go, but my view is that in due course we’ll be seeing some decent buying opportunit…