Markets retrace but OVI holds firm

Last week I repeated the suggestion that you should ‘Hold onto your gains’.  

With yesterday’s pullback those words are looking prophetic, especially as we move into earnings season.  

However, the OVI is behaving curiously resiliently right now, so while I think it was right to suggest you ensuring you protect your profits, right now a massive retracement doesn’t seem to be on the agenda – at least not from an OVI point of view, not yet. 

Just to be clear though, that doesn’t change the advice for slight caution at this time. 

Also to add that all our systems are now much quicker than before after our server migration.  This means that the TradeFinders and OVI charts are updating much earlier, and our emails should be arriving in your inbox much quicker too. 

   

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