OVI Charts for SmartphonesOur OVI charts for smartphones and iPads are literally around the corner now. Here’s a taster of what they’ll look like. In the first image you’ll see the fami…
OVI Market Round Up This is another email with lots of charts, which I hope will be helpful. We’re pretty much past what has been a very positive earnings season. Now we need to see h…
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…
