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  • Blog

Railroad Track

Right To Be Cautious

Many traders have latched onto my not-so-subtle caution in recent weeks even as the markets have ground their way to new highs.  As I put it last weekend, they’ve done so but without joy.  T…

The Gamble With News

So AAPL presents details of its new products and its stock whipsaws like crazy!  Of all the predictions you may have read about the reaction to yesterday’s announcements, I’ll bet none of them pr…

Fed raising interest rates

Markets Rising Without Joy

Broadcasting from a rainy Caribbean, a flaky internet connection and several attempts to get the recording to work … finally we’re here!  The markets are still rising to new highs, yet the joy …

Snappy Bear Day

A snappy type of day in the markets yesterday.  AAPL took a hit apparently based on fears that it’s lagging behind Samsung in the virtual gaming world and there are several potential reversals se…

Bullish End to Holiday Season

The holidays are almost over and from a pure charts and OVI perspective the market looks strong. As you’ll see from today’s video many stocks are setting up in clusters and you’ll notice how flui…

The Rebound Continues

As I mentioned last week the markets have continued their solid recovery since the railroad track reversal pattern on 7-8 August, with the low volumes most likely to be attributable to the time of yea…

Solid Recovery But Low Volumes

The markets have continued their solid recovery from the recent correction, but on low volume.  This isn’t necessarily something to be suspicious of because we’re in the middle of holiday season …

Potential Respite

Friday’s action exhibited potential reversal behaviour while the OVI for the main three indices remained negative.  The green hollow price bar means potential respite for the markets, but the con…

Identifying Bearishness

A short video today comparing this current retracement with previous ones over the past year.  The previous ones have tended to resolve themselves with clear reversal signals occurring in the S&a…

Low Volume Monday

Yesterday’s volume was low as the indices recovered some of their poise.  The low volume is not the behaviour of hungry bargain hunting bulls, so we’re not out of these woods yet.  Not all s…

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