Following on from last week’s note about railroad tracks, here’s a quick follow up. For avoidance of any doubt, our bread and butter trading is using the OVI for breakouts and continuation patte…
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. &nb…
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 d…
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 m…
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 r…
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, b…
The markets are completely on a knife-edge as illustrated by many bull-flag patterns that are behaving indecisively and OVIs that are hovering near their neutral lines.
The message is a …
As you can see from today’s wild action, the fiscal cliff drama is creating serious volatility in the markets with the indices closing near their highs for the day having plummeted earlier, before th…
They may not be quite ready yet, but there is a growing sense that the markets are coiling on a spring and will be on the move soon … I would say by the end of the year we should have a clear signal…
Google, GS, Earnings and Why My Students SucceedMy trading plan gives you both safety and the ability to make windfalls. The plan has been honed after years of experience and research. &nbs…
