Just 15 weeks until our once-in-a-lifetime Options Bootcamp in beautiful Mayakoba!
Our best ever bootcamp in our best ever venue, here’s where you’ll be doing practical exercises with me for two full days, honing your options expertise. For more information about options get in touch here.
Also, please make sure you never miss an alert, software update or market commentary join our free Telegram channel here.
Market Outlook:
Our market commentary continues to be outstanding. Mastering market timing enables you to swim WITH the tide at the right time.
Last week I said with so much news pending (first week of earnings and inauguration day), I’d be keeping my big guns unloaded until we get a steer from the markets. I also mentioned that in an ideal world the tech sector would keep sliding to bargain basement levels.
After a strong start to earnings season, we still needed more evidence for where the market wanted to go, and after Friday’s action it does seem to want to go upwards.
That said, it is by no means universal as there are plenty of bearish or moribund stocks out there. So, this is what you would call a stock pickers market, and the ones I’m focusing on are bullish. And rememember, we’ll soon in Post-Earnings, which is our ideal environment.
Watch the video for more detail.
Market Timers:
- Longer Term Market Timer (OVIsi):
Half green. - Medium Term Swing Timer:
Swung back to bullish. - The Main Indices:
The SPY and DIA OVIs have turned bullish, but the other two are lagging.
Stock Selection:
In today’s Review you can see plenty of recent examples of price reactions near Key Levels.
I’ve also focused my attention on stocks that have tended to make big moves in the past, and which are exhibiting Big Money Footprints now.
It’s by no means slam dunk territory right now, but the bias is bullish, and over the coming weeks we’ll focus on Post-Earnings setups.
The key to consistency is to pick your playbook and stick to the best quality setups that conform to it.
My playbook is OVI, near Key Levels, Shrinking Retracements, and a consolidation/sideways move. The other two Big Money Footprints are highly desirable but those four are essential to me! With my new VIP filters, I’m also now looking more at overbought and oversold issues.
Go into the ‘Expert Watchlists’ area of the platform to view my Watchlists for (a) all the stocks I cover in today’s video, and (b) a smaller list that warrant a closer look.
** The list of stocks is in the Expert Watchlists area (just click on my image to see them), so you’ll have to log in to see it. Market Timing will also go inside a login soon. Remember to reference the video commentary so you know what my sentiment is on each stock listed. **
Don’t Miss Out:
Software Upgrades:
Several important upgrades happening with our options modules, which I’ll show you in the coming days, and there are big research items also almost ready to share with you.
Many more game-changing upgrades will be made in time for the Mayakoba Options VIP Bootcamp on May 3rd – 4th.
We’ve got some big updates lined up for this year:
- A.I. Interfaces:
If you like using A.I. applications, then you’re going to love a particular development we have in the pipeline for you. - Big Moving Stocks Focus:
Soon I’ll have a filter you can use for stocks with potentials for larger moves in either direction.
- Journal Upgrade:
Big progress, almost ready to share with you – stay tuned! - Mobile Experience:
By spring, our mobile platform will roll out, complete with dynamic notifications to enhance your trading experience. - Options Enhancements:
Several key upgrades to our options tools are coming soon, alongside major research insights we can’t wait to share with you. - Updated ‘How To’ Video Guides.
We’ve already deployed a handy ‘How To’ clickthrough guide to help you navigate the platform. We’ll also be upgrading the Fast Filters still further.
More updates are on the way!
Upcoming Events:
Our Options VIP Bootcamp in Mayakoba is on the 3rd and 4th of May! It’s going to be amazing! Rooming details are now available.
Watch today’s market review inside the members area here! To the left is the Watchlist area. To the right is the TV area.
How to Watch This Video:
The best way to watch this video so you can flip through the charts at the same time:
- Log into the members area: https://platform.wisetraders.com
- Click on TV within the Platform (top right)
- Choose “On Demand”
- Play
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Remember, you can play the video at 1.25x or 1.5x speed if you want to save time! I have placed all the stocks covered in today’s review in your “Latest Preview” watch list.
