More gyrations in the markets last week as we now embark on earnings season. We now have something to really sink our teeth into. While I love my pre-earnings strategy, my main focus this time around will be straddles (ie playing volatility) and post-earnings. There’s a good chance of large moves as the nonsense of the last couple […]
Tag Archives: OVI Sentiment Index
Last weekend was a good call to stay quiet in this news-driven choppy market. BUT … you must keep alert because things can change very quickly, literally in a matter of a few days, and we get paid to be patient but on our wits. This week is much the same … just keep watching […]
Another choppy, news-driven week in the markets which is not optimal for our style or purposes … So with earnings coming in just a few weeks anyway, I thought we’d just observe the markets this week because more optimal conditions will come around soon enough. This is also a huge lesson in trading our particular […]
Greetings from New York where I’m having a number of meetings but sadly not enough leisure time for my liking in such a wonderful city! With the markets creeping back up to their highs, there are several decent OVI and flag opportunities out there (plus some real gems!) but in today’s review I must emphasize […]
Last week I suggested that the 4-week rangebound nature of the main indices would be likely to be broken soon … and they duly were on Thursday. Now this was mainly common sense through experience rather than some sort of mystical capabilities! – Last week was the first after the summer holidays, – The indices […]
Today’s market review has something for everyone. A full review, including stocks I’ve just filtered for, stocks I’ve been reviewing recently, and stocks that are providing a great learning lesson. A quick demo of my PRE-prototype mobile optimized TradeFinder. Not only will this end up being fully functional on mobile devices, but it will also […]
Plenty of action this week with more earnings being announced. One tweak to a strategy that is very attractive is making conditional orders on pre-earnings setups. By this, if the stock breaks out, then you can be in, and if it doesn’t break out you’re not in and you’re therefore protected. With plenty of stocks […]
If last week was a damp squib then this week made up for it and there are more thrills and spills to follow, of that I am certain! Amazon gapped down while Starbucks gapped up, and my Exxon straddle is secure and poised for more risk free profit as I’ve de-risked the position. In today’s […]
Greetings from Sardinia and Happy 4th July weekend! As expected, the markets have been largely positive this week, with many of our previously-mentioned stocks reaching their first profit targets. At this stage I’m inclined to say that there’s more positive movement to come, but as ever we will only “trade what we see”. The good […]
While the three main indices approach recent highs, don’t be fooled as this is not being reflected in the broader markets. This doesn’t mean you can’t focus on those big index component stocks … in fact the most obvious setups are exactly what you should be focusing on. To that end, during today’s update I […]
