Markets Still Bullish, But On a Knife-Edge

Just 10-weeks now until our VIP Stocks Summit on 6th December. This event will also coincide with big upgrades to the Platform that you’re going to want to see.

The markets are showing remarkable robustness, bouncing back from the mid-week wobble to show resilience on Friday.
But this is all part of the anticipated increasing volatility I have been speaking out for the last few weeks.

Today you’ll see many examples of post-earnings setups I’ve mentioned over the past few weeks, which have now broken out perfectly.
Earnings is a speciality skill that you can master and always look forward to, four times every year.
On Thursday I’ll be teaching you exactly how you can take full advantage of every earnings season.

Market Outlook:

Our market commentary continues to be outstanding. Mastering market timing enables you to swim WITH the tide at the right time.

We still have to say bullish, but again with the caveat that the indices are overstretched.
Without wanting to sound like a broken record, stick to our trusted formula, ie. stocks that are close to their Key Levels (ie. not overbought).
I should also add that today I’m covering a couple of bearish setups that are also attractive.

Watch the video for more detail.

Market Timers:

  • Longer Term Market Timer (OVIsi):
    Green.
  • Medium Term Swing Timer:
    Bullish.
  • The Main Indices:
    All neutral except for the QQQs which are only marginally blue.

Stock Selection:

** Remember, managing risk in your trade management is as important as trading with higher probabilities. This is very much part of the WiseTraders method, and is our third Master Key. ** 

Look in our Gift area inside the Platform to watch “How to Cap Your Losses & Protect Your Profits“.  

Increasing your probabilities with a logical proven system is an essential part of trading. But you also need a rock solid trade plan that tilts the odds further in your favour.
Our EDGE Trade Plan does exactly that, and you will find trading so much more rewarding and peaceful if you adhere to its principles.

Today I’ve focused on at least four Big Money Footprints being present, and I’m insistent on proximity to the 50-day or 200-day Key Levels. Stocks are vulnerable to steep pullbacks at the best of times, and especially now.

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:

More game-changing upgrades will be made in time for the London Stocks Summit on December 6th

Lined up for later this year: 

  • Market Timing:
    A significant upgrade to our Market Timing and Dashboard area is in planning. Given that this is one of our big strengths that I spend time with you on every week, it makes sense to give this a complete upgrade in line with new research that is being finalized.
  • 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, namely GPT inside our charting application!
  • More Automation:
    This is likely to result in an overhaul of our Home Hedge Fund / OVIcopilot application, relating to Market Timing and even some stock selection.
  • Options Enhancements:
    Key improvements have already been made to the Pricer and Analyzer, and more to be made soon.
  • Dynamic Earnings Calendar:
    Almost ready to release … Keep up with our updates!

More updates are on the way! 

Upcoming Events:

Our Stocks VIP Summit in London is on the 6th of December! We’re going to upgrade this event, using the successes from Mayakoba as a blueprint.

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:

  1. Log into the members area: https://platform.wisetraders.com 
  2. Click on TV within the Platform (top right) 
  3. Choose “On Demand” 
  4. Play

https://youtu.be/Mpdh8kz8_tI

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.

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PS. If you’re interested in any of our WiseTraders trading services for stocks or options such as a fast-track mentorship or workshop event, book yourself an appointment here to speak with us. Many of our members aren’t aware of all the services we offer to help you become a more 'informed' and confident trader with the WiseTraders.

Remember, everyone is an individual, and we ensure that we can cater to you and your particular needs.

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