Tough Autumn Arrived Early I’ve been saying for some time that the OVI is negative, we were in for a tough autumn, and that this year was resembling 2008 in some ways. Looks like these were…
Markets Did Decide … The OVI was Right Again! Yesterday I suggested that the markets were undecided, but that the OVI was still negative and the best course of action would be to stay safe fo…
Markets Undecided Today we saw an “outside bar” on the main indices – this means that the high was lower than yesterday’s high, and the low was lower than yesterday’s low. This is incon…
Markets back to Sanity … If you heeded my warnings you’d either have had a quiet week last week amid all the turmoil, or you’d have been short because the OVI and the trend has been distinctly be…
The markets are all over the place which is why I said stay out last time. Today’s action is still playing out and it’s been whipsaw city. OVIs have been plungeing – you’ll see that the…
A compromise has been announced by the President, meaning that the US won’t go into default of its debt on Tuesday’s deadline. This suggests a reprieve for the markets in terms of recent uncer…
Today we’re going to do something a bit different … The indices are rising because the financial stocks are waking up. Morgan Stanley reported today and gapped up accordingly. So f…
Well there are two ways we can look at the indices, yet at the same time as we get into earnings season, many leading stocks are forming very constructive patterns. QQQ The OVI has been stut…
Hi Everyone.
As horrific as the events in Japan have been, make no mistake, the markets were going to fall anyway.
The OVI on the S&P and Nasdaq has been pointing the way for almost …
Hi Everyone
No surprises with the market action today – the OVI has been pointing the way for a while now, and the charts have been wobbly too.
Before I give more details, please do folllow me o…
