Important Chart Pattern - Railroad Tracks in the Country  On Monday both AAPL and AMZN formed the identical chart pattern, but AAPL was going in one direction and AMZN was going in the other.  This gives us a great opportunity to show the pattern in action.  AMZN is more obvious so w... [More]

OVI Market Round Up This is an email with lots of charts, something we will be doing more of very soon.  Ok, first for the indices.  Starting with the DIA (DOW ETF) which we don't always look at, but what you can see here is that it's been unambiguous since late November, in... [More]

VIX at 5-Year LowThe VIX (Chicago Board Options Exchange Market Volatility Index) is a measure of the implied volatility of the S&P 500 index options.  It represents one measure of the market's expectation of stock market volatility over the next 30 day period. Options volati... [More]

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]

OVI-Flag HighlightsIn mid-late December I mentioned a number of stocks that looked poised for breakouts to the upside.  Of course we've had fiscal cliff dramatics to deal with along the way, but as we get into gear for 2013 it's worth highlighting the power of our method and the clear advantage... [More]