Well, I’ve been saying the market looked over-extended for several weeks now, and this week it finally got the jitters. This is a good thing … We like stocks that are converging and setting up around their important Key Levels, and this reset process will provide us with lucrative setups in due course. Not that […]
Monthly Archives: January 2021
Today’s OVI Market Review is all about “Nuggets and Learning Points”! What I mean by that is that you’re going to see constructive setups that are appearing right now, and you’re going to learn from recent setups – good and bad. The markets still smell somewhat over-extended, which is why I urge you to protect […]
I’ve been saying for a while that the market looks over-extended, BUT that we must continue to “Trade What You See”, meaning you continue with a bullish bias while the market has continued to be bullish. Why have I thought the market was over-extended? Primarily because the OVI Dashboard shows how stocks have decoupled far […]
A pretty eventful first week back with some stocks lifting off from excellent setups (CBOE, CARR, DKS, etc) and further confirmation of how solid our method is. Many stocks continued their parabolic rises (see the financial sector) and this does make me wonder about how extended many stocks are right now. The golden rule is […]
Again, a Happy New Year! I’m really looking forward to sharing our newest upgrades with you very soon. Today’s review is really just about keeping us fresh and attentive. We’ve effectively had two weeks of low volume during the holiday season, and from Monday it’s back to business. For the main part I want to […]
