The S&P has been traversing sideways for a month or so now ... which just happens to coincide with the OVI being negative during the same time period.  Coincidence?  Come off it!  SPY  Bear flags are setting up with AAP and BAC, while GS broke down today only to form a D... [More]

Hi Everyone It was great to meet some familiar and some new faces at the Dan Zanger workshop in Los Angeles on Saturday.  Since then I've hopped from West to East, spending a few days in Caribbean before it's back to work in New York next week.  For those who didn't and couldn't make ... [More]

The S&P has had a negative OVI for all but two days in April, and while it isn't hugely negative, at the same time it's now forming an extended bear flag like pattern.  The only reason it's not 100% a bear flag is because we're not in a downtrend.  The financial stocks are looking quit... [More]

Just a couple of charts today to keep you on your toes.  One thing my best students have in common is that they take their first profit target quickly.  For more information on that, login to the OVI Traders Club, go to the videos section and watch the one about Managing Profits.  AAP... [More]

A couple of days ago I mentioned that AAPL's volume had softened and its implied volatility had risen sharply, meaning the options market was getting nervous about the stock.  Take a look at what happened next!  AAPLA big red down bar and a gap down earlier today until finding its fee... [More]