I hope you’re keeping well and safe.
It’s just two weeks until my “Miami” Options Bootcamp where I’ll be giving my options intensive, and I have some new treats this year!
If you’re logging into my various applications, you may be noticing more upgrades have been deployed, and there are many more to look forward to across all of my software applications in the days ahead.
This week the markets ran out of steam from their upward retracement, which is exactly what I suggested the previous week when I put the 2015 flash crash chart next to today’s S&P chart.
The point was that we have quite a bit of bumping around to do, we should certainly test the recent lows if not take it out.
So the main message today is be patient. Take your time to review my course materials – they’re quite succinct and they do encourage you to make life easier for yourself by keeping things simple, “trade what you see” and stick to my rules.
There are a few decent setups even in this type of market, but the easy (and biggest) wins come from the most obvious setups. Remember the waterfall from the beginning of March? There hasn’t been an easier, bigger or more profitable move during this whole crisis, and yet it’s the move that I drew out for you days in advance of it happening.
Today’s OVI Market Review goes through the current state of play as well as some good, bad and ugly setups.
Also, just to remind you that on Tuesday I’ll be holding a live webinar with Glenn and Chloe who will reveal their own trading game-changers. These are serial OVI winners, and the webinar will be a completely different format to normal, so please do register when you get the invite.
Remember, big moves beget big moves … which means more big moves are on their way with certain individual stocks. So make sure you focus on the most obvious setups that will give you the easiest gains with no stress.
Again, look after yourself and your loved ones.
