A slightly choppy week in a market where the vast majority of high quality stocks are miles away from their Key Levels. This means we’ve been fishing a bit more around the lower cap stocks, which can be fine, but it’s not my sweetest of sweet spots. That said, you can find some absolute gems […]
Tag Archives: OVI Index
Again, a Happy Christmas from me and the entire team here at OVI Traders – soon to be “WiseTraders”! One achievement I did forget to mention in my Christmas greetings to you, was of course the long-awaited patent for the OVI that we were finally granted in October! We go forward into 2021 with real […]
The US presidential election is almost concluded, with Joe Biden the likely winner. This removes a tier of uncertainty with regard to the result, but not necessarily with regard to how he will attempt to govern. More importantly for traders, which sectors and stocks are poised to benefit the most from a Biden administration? Renewable […]
Right now the markets are understandably anxious, but if there’s one certainty in the markets, it’s this: Uncertainty will give way to an abundance of opportunities. So just be patient! Think about the current situation … Earnings Election Economy Well, the two of those factors will be resolved in the coming days, one way or […]
I just read last week’s opening paragraphs and they sound a little spooky in light of the last few days! Let’s take a look at them again … — It’s been a great ride, but do be aware that there are dangers when you’re sitting proudly on the back of a succession of great winners. […]
This bull market keeps delivering winners … and big winners at that. It’s been a great ride, but do be aware that there are dangers when you’re sitting proudly on the back of a succession of great winners. The two dangers are that the market conditions will change while greed levels keep increasing, leading to […]
Today I’m going to focus on my absolute favourite setup, the OVI post earnings gap and flag. And today I’m going to combine that setup with a recent cross of a key level, the 200 moving average. This is the power of the filter combinations we have. They’re extraordinarily potent and regularly unearth high probability gems, while […]
Bang in the middle of earnings, last week saw a sloppy Thursday and Friday with a number of stocks suffering severe retracements, some hitting support levels and some gapping down on their own earnings reports. That said, the number of bull flags dramatically outnumbers the number of bear flags, and that is a bellwether for […]
As I suggested last week, earnings has got off to a quiet but overall positive start. A couple of stocks not in today’s review but worth keeping an eye on are GS and MS, but the financial sector is by no means clustering uniformly. Remember, while our method involves playing OVI breakouts from flag patterns […]
Happy 4th July and I hope you’ve enjoyed the short week. I’d still define the markets as not quite optimal, but there are still decent setups going in both directions, and a bunch of our preferred stocks have already enjoyed solid to spectacular breakouts. I cannot emphasize enough how you should look to specialize, even […]
