16. April 2013 15:14
Earnings Season is upon us I hope you enjoyed my webinar last week - we'll have more like that soon. In the meantime just to remind that earnings season is upon us, and that means you should avoid starting new positions in stocks that are reporting earnings in the following couple of days.&n... [More]
11. January 2013 16:53
OVI HighlightsEarnings is almost upon us, so new positions must be taken with care. We've had a great run with many stocks - particularly the financials - and at some point they'll need to rest. BAC took a dramatic dive yesterday both in terms of its share price and OVI, mainly due to a ... [More]
27. April 2012 03:52
I mentioned last time that the S&P was forming a potential a bear flag. The very next day the market slid further but did not break the support formed by the low on 10th April. Our trading plan relies on breaks of suppot and resistance adn therefore no trade would have been triggered... [More]
18. July 2011 19:44
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 stuttering on this one, but there is a cup and handle of sorts forming here. Look for a break of ... [More]
25. October 2010 22:50
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 into their 6-month highs.
I'm seeing the charts getting a little messier, and these Dojis cou... [More]