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…
Tuesday’s last-hour momentum carried through nicely into Wednesday and I’m now waiting for the OVI calculations to come through into the charts.
Tuesday’s action barely made a dent in the…
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&…
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…
On Friday AMZN broke out in just the way we like it … and yesterday it was AAPL’s turn. AAPL (Friday) Now see what happened next … AAPL breaks out yesterday and has kept going to…
I’m going to get to the point with you today! I told you last time that AMZN was looking good, didn’t I? There is NO excuse! Here’s what I said last time: AMZN (from my 7th September…
Two HUGE up days in the markets albeit not with massive volume have given some hope on the horizon. However, we’re still looking at some ugly patterns in the markets right now, and we need t…
In today’s email I’m attaching the charts of the SPY, QQQ and DIA, so you can see how each corresponding OVI didn’t really participate in each of the index’s mini recovery leading up to last week.&…
In my last email I mentioned that something wasn’t quite right in that the markets had made an impressive recovery – albeit on slim volumes – but that the OVI for the indices hadn’t responded in ki…
