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In my Election Special webinar on Thursday I highlighted some stocks that could flourish in the event of either candidate winning. If you missed it, you can watch it again here.
Further user-experience upgrades were made this past week and there are big ones coming thick and fast before our Summit on 7th December … Look out for communications soon via Telegram and email.
The Markets …
As anticipated again, last week was a non-straightforward up-week. This upcoming week feels like a similar theme.
This means you must protect profits early as per our EDGE trade plan.
See below for Market Outlook.
Market Outlook:
Our market commentary continues to be outstanding. Mastering market timing enables you to swim WITH the tide at the right time.
Over the past couple of weeks I’ve said:
… I expect a broadly positive showing from the S&P, though I would have preferred if the S&P and Dow were starting from slightly less extended levels.
That was a conundrum last week where I said upside was likely to be untidy, and the same applies this week.
Again, I’m inclined to be cautious about pre-earnings setups, and with more stocks reporting, we can now turn our focus to our favoured post-earnings setups.
Watch the video for more detail.
Market Timers:
- Longer Term Market Timer (OVIsi):
Green. - Medium Term Swing Timer:
Bullish. - The Main Indices:
All the main four indices made new highs last week and have decent positive OVI readings.
Stock Selection:
This week I went through my regular routine of reviewing my static watchlists and then my Fast Filters. As with last week, it felt challenging to find plum setups near our favoured Key Levels. That tells me that conditions are likely to be choppy, which makes sense given that we’re in earnings season.
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!
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:
You can now change your password for yourself and further, bigger upgrades are coming soon to the TradeFinders, Journals and more.
New filters are coming soon for VIPs, together with a marked improvement to the TradeFinder format.
Soon we’ll deploy the updated ‘How To’ video guides, and 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.
And of course there’s the journaling from the charts which will pave the way for:
- A link to a broker platform from the enhanced Journal app directly from the charts to make life much easier for you.
Imagine knowing if an options trade is in line with or violates your stated risk parameters!
We’ve already built the calculator engine, it just needs to be deployed. - More indicators to choose from inside our OVI charts …
Not so much for me personally, but I know many members do like to play!
Also, the full mobile phone (portrait) optimization is in the plan for the summer, and more dynamic notifications from inside the application will follow that. Lots to do!
Many more game-changing upgrades will be made in time for the London Stocks Summit on December 7th.
Upcoming Events:
Our Stocks Summit in London on 7th December will be the most practical ever, with half of the event dedicated to practical exercises and with the most bonuses ever.
Like we just did in London last year and Orlando this year, each session will have a practical exercise for you to complete, so you can build your confidence in finding the exact type of setup you want to focus on. Easily by the event, all your TradeFinder activities will be directly from the charts, saving you huge amounts of time.
This week we have Jay on Friday with his ever popular ‘Time Poor’ Trader tactics. Be sure to look out for emails and Telegram alerts.
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.
